Price for Artwork; Collages and Similar Decorative Plaques in Panama - 2022
Contents:
- Price for Artwork; Collages and Similar Decorative Plaques in Panama (FOB) - 2022
- Price for Artwork; Collages and Similar Decorative Plaques in Panama (CIF) - 2022
- Exports of Artwork; Collages and Similar Decorative Plaques in Panama
- Imports of Artwork; Collages and Similar Decorative Plaques in Panama
Price for Artwork; Collages and Similar Decorative Plaques in Panama (FOB) - 2022
The average export price for artwork; collages and similar decorative plaqueses stood at $9,347 per ton in 2022, with a decrease of -11.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 212%. As a result, the export price reached the peak level of $65,359 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($38,319 per ton), while the average price for exports to Costa Rica ($3,332 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Artwork; Collages and Similar Decorative Plaques in Panama (CIF) - 2022
In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $38,341 per ton, falling by -9.5% against the previous year. Overall, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 95%. The import price peaked at $42,359 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($204,833 per ton), while the price for Colombia ($18,988 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+60.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Artwork; Collages and Similar Decorative Plaques in Panama
Exports of artwork; collages and similar decorative plaqueses from Panama declined sharply to 65 tons in 2022, falling by -42.9% on the previous year. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 11,768% against the previous year. As a result, the exports attained the peak of 114 tons, and then reduced notably in the following year.
In value terms, exports of artwork; collages and similar decorative plaqueses dropped significantly to $610K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 10,552%. As a result, the exports attained the peak of $1.2M, and then declined rapidly in the following year.
| Export of Artwork; Collages and Similar Decorative Plaques in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 10.9 | 0.7 | 181 | 159 | 144.3% |
| Costa Rica | 1.1 | 2.7 | 170 | 150 | 414.7% |
| Bahamas | 0.7 | 3.0 | 97.6 | 85.8 | 396.7% |
| Nicaragua | 2.5 | 0.2 | 81.6 | 71.7 | 206.1% |
| Chile | 4.3 | 0.8 | 77.8 | 69.5 | 152.8% |
| El Salvador | 1.1 | 0.3 | 75.6 | 66.5 | 292.5% |
| Others | 29.6 | 3.7 | 524 | 6.9 | -38.5% |
| Total | 50.2 | 11.3 | 1,208 | 610 | 129.9% |
Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Panama in 2022:
- Costa Rica (44.9 tons)
- Colombia (8.8 tons)
- Chile (4.2 tons)
- El Salvador (2.6 tons)
- Nicaragua (2.5 tons)
- Bahamas (2.2 tons)
Imports of Artwork; Collages and Similar Decorative Plaques in Panama
After two years of decline, purchases abroad of artwork; collages and similar decorative plaqueses increased by 5.2% to 4.9 tons in 2022. Overall, imports, however, faced a dramatic downturn.
In value terms, imports of artwork; collages and similar decorative plaqueses contracted to $188K in 2022. Over the period under review, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 10%.
| Import of Artwork; Collages and Similar Decorative Plaques in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 215 | 152 | 78.6 | 181 | -5.6% |
| Colombia | 0.1 | 0.1 | 9.4 | 1.6 | 152.0% |
| Spain | N/A | N/A | 65.3 | N/A | 0% |
| China | N/A | 1.3 | 2.5 | N/A | 92.3% |
| Turkey | N/A | 1.9 | 10.7 | N/A | 463.2% |
| Others | 7.6 | 22.5 | 30.4 | 5.3 | -11.3% |
| Total | 223 | 178 | 197 | 188 | -5.5% |
Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Panama in 2022:
- United States (4.7 tons)
- Colombia (0.1 tons)
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