Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama (CIF) - 2023
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama (FOB) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama
- Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama (CIF) - 2023
The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $87,336 per ton in November 2023, rising by 80% against the previous month. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in May 2023 an increase of 500% against the previous month. As a result, import price attained the peak level of $183K per ton. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Hungary ($87,968 per ton), while the price for Free Zones stood at $87,108 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama (FOB) - 2022
The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $12,881 per ton in 2022, declining by -19.4% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 195% against the previous year. The export price peaked at $93,289 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($57,429 per ton), while the average price for exports to Chile amounted to $12,716 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+12.3%).
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama
Imports of pharmaceutical goods; appliances identifiable for ostomy uses into Panama soared to 34 tons in 2022, with an increase of 3,151% compared with 2021 figures. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses surged to $2.1M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 772 | 2.4 | N/A | 1,779 | 32.1% |
| Free Zones | N/A | 23.4 | 10.8 | 232 | 214.9% |
| China | 5.5 | N/A | N/A | 40.0 | 93.7% |
| Dominican Republic | 84.9 | N/A | 83.0 | 31.0 | -28.5% |
| United States | N/A | N/A | N/A | 17.0 | 0% |
| Germany | 191 | N/A | N/A | 3.9 | -72.7% |
| Others | 4.3 | N/A | N/A | 8.7 | 26.5% |
| Total | 1,058 | 25.8 | 93.8 | 2,112 | 25.9% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Panama in 2022:
- Hungary (28.3 tons)
- Free Zones (3.5 tons)
- China (1.3 tons)
- United States (0.5 tons)
- Dominican Republic (0.5 tons)
- Germany (0.1 tons)
Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama
Exports of pharmaceutical goods; appliances identifiable for ostomy uses from Panama surged to 23 tons in 2022, growing by 182% compared with the previous year's figure. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,100% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses surged to $292K in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 356%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | 125 | 288 | 130.4% |
| Aruba | 6.1 | 26.0 | N/A | N/A | 326.2% |
| Hungary | 111 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 2.2 | 3.2 | 4.8 | 152.0% |
| Total | 117 | 28.3 | 129 | 292 | 35.6% |
Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Panama in 2022:
- Chile (22.6 tons)
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