Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama - 2023

Contents:

  1. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama (CIF) - 2022
  2. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama (FOB) - 2022
  3. Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama
  4. Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama (CIF) - 2022

In 2022, the average import price for boilers; watertube boilers with a steam production not exceeding 45t per hour amounted to $11,967 per ton, picking up by 16% against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2021 an increase of 96%. The import price peaked at $12,350 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,066 per ton), while the price for China ($4,868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama (FOB) - 2022

In 2021, the average export price for boilers; watertube boilers with a steam production not exceeding 45t per hour amounted to $3,402 per ton, shrinking by -18.8% against the previous year. In general, the export price, however, continues to indicate a moderate increase. Over the period under review, the average export prices reached the maximum at $7,396 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2012 to 2021, the rate of growth in terms of prices for the Dominican Republic amounted to -18.8% per year.

Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama

In 2022, supplies from abroad of boilers; watertube boilers with a steam production not exceeding 45t per hour decreased by -79.1% to 2.8 tons, falling for the second consecutive year after two years of growth. In general, imports faced a sharp downturn. The growth pace was the most rapid in 2020 when imports increased by 1.6%. As a result, imports attained the peak of 32 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of boilers; watertube boilers with a steam production not exceeding 45t per hour reduced markedly to $33K in 2022. Over the period under review, imports faced a sharp shrinkage. The smallest decline of -15.4% was in 2020.

Import of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia1.26.25.416.4139.1%
Japan40.771.521.18.4-40.9%
United States35.354.013.83.6-53.3%
China11724.87.12.7-71.5%
SpainN/AN/A73.0N/A0%
Others3.310.716.22.2-12.6%
Total19816713733.3-44.8%

Top Suppliers of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour to Panama in 2022:

  1. Colombia (1321.0 kg)
  2. Japan (560.0 kg)
  3. China (553.0 kg)
  4. United States (325.0 kg)

Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama

Exports of boilers; watertube boilers with a steam production not exceeding 45t per hour from Panama soared to 353 kg in 2021, picking up by 56% compared with 2020. In general, total exports indicated a significant expansion from 2020 to 2021: its volume increased at an average annual rate of +56.2% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of boilers; watertube boilers with a steam production not exceeding 45t per hour skyrocketed to $1.2K in 2021. The total export value increased at an average annual rate of +26.8% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Panama (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Dominican Republic0.91.233.3%
OthersN/AN/A0%
Total0.91.233.3%

Top Export Markets for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour from Panama in 2022:

  1. Dominican Republic (353.0 kg)

Source: IndexBox Market Intelligence Platform

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