Panama - Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCombine Harvester Price in Panama - 2023
Contents:
- Combine Harvester Price in Panama (CIF) - 2022
- Combine Harvester Price in Panama (FOB) - 2022
- Combine Harvester Imports in Panama
- Combine Harvester Exports in Panama
Combine Harvester Price in Panama (CIF) - 2022
In 2022, the average combine harvester import price amounted to $115,818 per unit, increasing by 3.1% against the previous year. Overall, the import price saw significant growth. The growth pace was the most rapid in 2013 when the average import price increased by 507%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($128,216 per unit), while the price for Free Zones ($739 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+41.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Combine Harvester Price in Panama (FOB) - 2022
The average combine harvester export price stood at $149 per unit in 2022, approximately mirroring the previous year. Over the period under review, the export price recorded a dramatic shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 409% against the previous year. The export price peaked at $36,233 per unit in 2012; however, from 2013 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 Guyana ($981 per unit), while the average price for exports to Nicaragua ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+10.0%), while the prices for the other major destinations experienced a decline.
Combine Harvester Imports in Panama
In 2022, purchases abroad of combine harvester-threshers decreased by -34.3% to 23 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a mild descent. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 35 units, and then reduced sharply in the following year.
In value terms, combine harvester imports dropped markedly to $2.7M in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 117%. As a result, imports attained the peak of $3.9M, and then declined rapidly in the following year.
Import of Combine Harvester in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 922 | 782 | 2,248 | 2,436 | 38.2% |
United States | 261 | 194 | 493 | 226 | -4.7% |
Colombia | 29.5 | 38.9 | 103 | 0.9 | -68.8% |
Free Zones | 10.6 | 4.4 | 2.5 | 0.7 | -59.6% |
Vietnam | 397 | 424 | 616 | N/A | 24.6% |
Netherlands | 31.9 | 120 | 145 | N/A | 113.2% |
Others | 165 | 251 | 324 | N/A | 40.1% |
Total | 1,818 | 1,814 | 3,932 | 2,664 | 13.6% |
Top Suppliers of Combine Harvester to Panama in 2022:
- Brazil (19.0 units)
- United States (2.0 units)
- Free Zones (1.0 units)
- Colombia (1.0 units)
Combine Harvester Exports in Panama
Combine harvester exports from Panama totaled 10 units in 2022, almost unchanged from the previous year. Over the period under review, exports recorded pronounced growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, combine harvester exports totaled $1.5K in 2022. Overall, exports faced a significant decline. The smallest decline of -80.6% was in 2020. The exports peaked at $15K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Combine Harvester in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guyana | 4,558 | 1,332 | N/A | 981 | -40.1% |
Guatemala | 9,454 | 1,493 | N/A | 320 | -67.7% |
United Kingdom | N/A | N/A | N/A | 130 | 0% |
Suriname | 372 | 84.0 | N/A | 37.0 | -53.7% |
Costa Rica | 156 | 33.0 | N/A | 12.0 | -57.5% |
Venezuela | 54.0 | 2.0 | N/A | 3.0 | -61.8% |
Dominican Republic | 31.0 | 8.0 | N/A | 3.0 | -54.1% |
Cuba | 4.0 | 1.0 | N/A | 1.0 | -37.0% |
Nicaragua | 51.0 | 5.0 | N/A | 1.0 | -73.0% |
Haiti | 21.0 | 2.0 | N/A | 1.0 | -63.8% |
Others | 619 | 19.0 | N/A | N/A | -96.9% |
Total | 15,320 | 2,979 | N/A | 1,489 | -54.0% |
Top Export Markets for Combine Harvester from Panama in 2022:
- Cuba (1.0 units)
- Nicaragua (1.0 units)
- Costa Rica (1.0 units)
- United Kingdom (1.0 units)
- Guatemala (1.0 units)
- Suriname (1.0 units)
- Guyana (1.0 units)
- Haiti (1.0 units)
- Venezuela (1.0 units)
- Dominican Republic (1.0 units)
This report provides an in-depth analysis of the combine harvester market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28305915 - Combine harvester-threshers
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of combine harvester were imported worldwide- jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007...
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