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ABRAMS.wiki provides you with genuine shipments, location, competitors, buyers, customers, suppliers, supply chain, products, product portfolio, contacts, employees, turnover of:

Formetal, SA

Ave. Simon Bolivar Y Calle 64 Oeste Panama, Republica De Panama
Import
Export

Where does Formetal, SA buy?

no data available

no data available

To whom does Formetal, SA sell?

To Master Products Corp.
Carr No. 2 KM 20.6 BO Candelaria Toa Baja 00949 Puerto Rico

shipments sent:
1
customer share:
0.8 %

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS codes:
–
6 customersexplore

Which products does Formetal, SA buy?

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS code: 591132
Textile fabrics and felts, endless or fitted with linking devices, of a kind used in papermaking or similar machines, e.g. for paper pulp or asbestos-cement, weighing >= 650 g/m²

observed in number of shipments:
1
1 purchased productexplore

Which products does Formetal, SA sell?

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS code: 721699
Angles, shapes and sections, of iron or non-alloy steel, cold-formed or cold-finished and further worked, or not further worked than forged, or forged, or hot-formed by other means and further worked, n.e.s. (excl. from flat-rolled products)

observed in number of shipments:
19
2 products soldexplore

From which countries does Formetal, SA buy?

in Mexico

number of shipments:
1
country's share in shipments:
100 %
weight of shipments:
0.1 t
1 import countryexplore

To which countries does Formetal, SA sell?

to Puerto Rico

number of shipments:
37
country's share in shipments:
28.7 %
weight of shipments:
769.8 t
3 export countriesexplore
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Market analysis methodology:
from raw statistical data to Artificial Intelligence (AI)

ABRAMS world trade wiki as a partner of UN Comtrade (database of the United Nations) as well as the OECD (Organisation for Economic Co-operation and Development) analyzes billions of statistical data as well as freight and customs data using intelligent algorithms as well as Artificial Intelligence (AI) and has developed a "unique business intelligence portal" on this basis (quote UN Comtrade / References).

On this page you will get insights into the market activities of Formetal, SA which have been individually prepared by our research team.

Take a free peak at the latest shipments from your competitor, supplier or customer!

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Multi-level supply chain transparency

ABRAMS world trade wiki not only shows direct suppliers and buyers of the first tier (Tier-1). Our tool Supply Chain Intelligence breaks the visibility barrier beyond Tier-1, enabling a comprehensive insight into the entire supply chain network, providing multi-tier transparency with just one click.

Supply Chain Intelligence - Export and Import
Supply Chain Intelligence - suppliers
Supply Chain Intelligence - customers
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Analyze Formetal, SA's Pricing Strategy!

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Explore the Product Portfolio in Import and Export of Formetal, SA!

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Compare Formetal, SA with Similar Companies!

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Icon shopping basketPurchase
What does the supply chain of Formetal, SA look like?

Generally you can differentiate the supply chain or supply network of Formetal, SA by two perspectives:

  • The supplier side (a so-called Tier-1-supplier is a direct supplier, Tier-2 is a supplier of the Tier-1 supplier, Tier-n is a supplier at any level in the Formetal, SA supply network).
  • The buyer side (a so-called Tier-1 buyer is a direct buyer, Tier-2 is a buyer of the Tier-1 buyer, Tier-n is a buyer at any level in the Formetal, SA distribution network).

To ensure business stability and continuity, a supply chain or supply network must be constructed in such a way that external influences can cause as little damage as possible to Formetal, SA. This applies both in the area of procurement (the loss of a supplier must be covered by an alternative supplier) as in the area of sales (the loss of a buyer must be covered by an alternative buyer).

Risks can generally be considered as the non-availability of goods, through cutback or complete halt of production, or the potential loss of business partners, violating compliance rules (e.g. protection of the environment, labor legislation) and thus drop out of the supply network.

This risk should not necessarily be limited to the direct business partner (Tier 1), it involves the entire supply chain, unless sufficient alternative suppliers and buyers have been put in place.

Get an overview of the international supply chain of Formetal, SA (upstream/procurement and downstream/sales) from Tier-1 to Tier-n

E.G.: Tier-1 Buyer Master Products Corp.

ABRAMS world trade wiki not only shows direct suppliers and customers of the first tier (Tier-1). With just one click in our tool Supply Chain Intelligence you get a comprehensive insight into the supply network with multiple tiers (Tier-n) beyond the first tier.

Is the supply chain of Formetal, SA stable?

Each tier in the supply chain or supply network on the supplier side of Formetal, SA involves a single risk. The more tiers, the more difficult it is to analyze and monitor the business partners. Suppliers of suppliers are generally unknown, so there is already an increasing risk at the second (Tier 2) level.

If e.g. a first Tier supplier is not adding any value, the supply chain can be shortened and the risk of failure can be minimized by skipping this supplier. A previous Tier-2 supplier now turns into a Tier-1 supplier, which we call "go-direct". In our tool Supply Chain Intelligence as far as international suppliers are concerned, this analysis can be done with one click:

Analyze the potential of shortening and therefore stabilizing the supply chain of Formetal, SA

Which products does Formetal, SA purchase?

Based on the analysis of international bills of lading (bill of lading/bills of lading / BOL), 1 product category that has been purchased by Formetal, SA can be identified by means of HS codes (HTS codes or customs tariff numbers).

It is classified with the HS code 591132, which groups following products:

„Textile fabrics and felts, endless or fitted with linking devices, of a kind used in papermaking or similar machines, e.g. for paper pulp or asbestos-cement, weighing >= 650 g/m²". This HS code was sighted 1 time in total.

Get an overview of internationally purchased products by Formetal, SA with Company Transparency

Icon hand holding a business cardSales
Who are the buyers of Formetal, SA?

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 6 international buyers of Formetal, SA could be identified in bills of lading. For example, one of the buyers is the company Master Products Corp., which has received 1 shipment.

Among 3 identified buying countries, an important target country to sell products to is: Puerto Rico. 37 shipments of goods were shipped to this country in the period covered.

Get an overview of the international sales and its 6 buyers of Formetal, SA with Company Transparency.

Which products does Formetal, SA sell?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 2 different product categories sold by Formetal, SA, can be identified.

These are classified by means of HS codes (HTS codes or customs tariff numbers).

For example, HS code 721699 classifies the following products:

„Angles, shapes and sections, of iron or non-alloy steel, cold-formed or cold-finished and further worked, or not further worked than forged, or forged, or hot-formed by other means and further worked, n.e.s. (excl. from flat-rolled products)". This HS code was sighted 19 times in total.

Get an overview of internationally sold products by Formetal, SA with Company Transparency

Is Formetal, SA able to optimize its profits on the buyer side of the supply chain? (downstream)

Each tier in the buyer side of the supply chain or supply network of Formetal, SA is adding value and therefore costs. The more tiers, the more expensive the product gets. Supply chains are normally not very transparent, trade secrets are part of the survival tactics in each stage of the value chain, especially for trading companies.

If e.g. a Tier-1 buyer from Formetal, SA that primarily trades products and doesn’t add any value (only fulfills the distributor function) it is possible to shorten the supply chain downstream giving a potential to optimize profit margins for Formetal, SA. A previous Tier-2 buyer now turns into a Tier-1 buyer, which we call "go-direct". In our tool Supply chain Intelligence as far as international buyers are concerned, this analysis can be done with one click:

Analyze the potential to shorten the supply chain and optimize the profit margins on the sales side of Formetal, SA

Icon handshakeReliability
Is Formetal, SA a reliable supplier?

Each company contributes significantly minimizing risks for its buyers, through its own stability. Internal risks (endogenous factors) can be e.g. financially (financial ratios, free cash flow, balance sheets) or operationally (production, lead times). Since 2021, external risks have increased due to worldwide shortages and are an important factor as to whether a supplier such as Formetal, SA can itself reliably deliver due to external dependencies (exogenous factors).

To assess this, data analysis should be conducted to get practical answers:

Which buyers does Formetal, SA consistently sell to over a long period of time that can be identified as a good reference?

Does Formetal, SA have problems supplying at the moment?

The more constant outgoing shipments of a company’s, the easier it is to assess potential problems for a supplier like Formetal, SA

Operational aspects like a stable supply chain, an in-house production and reliable logistics define sustainable performance.

Since 2021, global supply shortages have increasingly added external factors as to whether a supplier like Formetal, SA can deliver reliably itself through dependencies.

Based on the statistical trend of shipments (in terms of the number of shipments and respectively the quantity of goods) the current supply and performance capacity can be indirectly analyzed.

Here you can see an analysis of shipments by Formetal, SA to international buyers in the last few months with Company Transparency

Icon leafSustainability
What is the CO₂ footprint and sustainability of Formetal, SA products?

Sourcing products as regionally as possible with short shipping routes and the use of sustainable materials define the CO₂ footprint and sustainability of the products of any company, including Formetal, SA

After many companies, predominantly due to cost savings, have been building their networks increasingly internationally for years, there is now an increasing trend of so-called “on-shoring” or “near-shoring”. Attempting to include suppliers who are the closest to the supply chain because of financial, risk, environmental and image aspects:

  • Saving international freight costs, which have risen extremely since 2021.
  • Minimizing risks caused by logistics problems (e.g. the Suez Canal obstruction in 2021)
  • Attempting to reduce the carbon footprint when purchasing products.
  • Setting and meeting sustainability goals for own products of Formetal, SA

Based on the development of current shipments (in terms of number of shipments and quantity of goods) and changes in international suppliers and routes, it is possible to analyze the extent to which Formetal, SA has already made efforts in recent months and years, to focus on environmentally relevant aspects, like carbon footprint and sustainability in its business activities.

Get an overview of the international shipments that have an impact on the CO₂ footprint, as well as the sustainability of Formetal, SA

Icon chess rook pieceCompetitors
Who are the competitors of Formetal, SA?

Generally you can differentiate the competition of Formetal, SA by the purchase and sales perspective.

  • Start the competitive analysis on the purchase side.
  • Start the competitive analysis on the sales side.
Who are the competitors of Formetal, SA on the purchase side?

Competitors of Formetal, SA on the purchase side (procurement of raw materials and components for production or distribution) are exposed on ABRAMs wiki under Competitive Intelligence, purchased products, classified by HS-Codes (e.g. 591132) or by top product terms.

Who are the competitors of Formetal, SA on the sales side (selling similar products)?

Competitors on the sales side of Formetal, SA (selling raw materials or components for production or distribution) are exposed on ABRAMS wiki under Competitive Intelligence, sold products classified by HS-Codes (e.g. 721699, 721691) or by top product terms.

Further information on shipments
from Formetal, SA
  • shipments statistically processed according to business relationship
  • product portfolio
  • shipment history
  • and much more
Monitor with abrams.wiki Tool Company Transparency

Which companies buy similar products like Formetal, SA?

Following companies buy similar products like Formetal, SA:

1
Filcon America Inc.
2
Ichikawa North America Corporation
3
Blucargo Transportes Nacionais E IN

Which companies sell similar products like Formetal, SA?

Following companies sell similar products like Formetal, SA:

1
Beijing Apotheosis International TR
2
Prodimin S.A.C.
3
Metal Market Dis Ticaret A.S.

The above information comes from sources accessible to everyone, in particular from public institutions. The initial data was not verified by inigma LLC, but used unchanged ("as is"). The aforementioned companies have neither assigned nor supported inigma LLC to publish the above information. The use of the website and the information available is subject exclusively to the General Terms and Conditions & Terms of Use of inigma LLC.

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