Price for Book-Binding Machinery; Including Book-Sewing Machines in Panama - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Panama (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Panama (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Panama
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Panama

Price for Book-Binding Machinery; Including Book-Sewing Machines in Panama (CIF) - 2022

The average import price for book-binding machinery; including book-sewing machineses stood at $235 per unit in 2022, dropping by -17.1% against the previous year. Over the period under review, the import price, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 291% against the previous year. Over the period under review, average import prices hit record highs at $697 per unit 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 Italy ($2,140 per unit), while the price for Belgium ($141 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Panama (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $517 per unit in 2022, remaining constant against the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 853%. The export price peaked at $1,011 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($797 per unit), while the average price for exports to Colombia ($176 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 Venezuela (+53.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Panama

In 2022, after two years of decline, there was significant growth in overseas purchases of book-binding machinery; including book-sewing machineses, when their volume increased by 195% to 637 units. Overall, imports, however, saw a abrupt slump. Imports peaked at 747 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, book-binding machinery; including book-sewing machines imports surged to $150K in 2022. In general, imports, however, showed a abrupt contraction. Over the period under review, imports attained the maximum at $261K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States71.615.217.452.8-9.7%
CanadaN/AN/AN/A27.90%
Italy0.5N/AN/A25.7271.8%
China93.254.416.921.7-38.5%
Free Zones18.35.419.815.3-5.8%
Belgium3.2N/A0.84.411.2%
United Kingdom23.9N/A0.6N/A-84.2%
Others50.231.25.92.2-64.7%
Total26110661.3150-16.9%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Panama in 2022:

  1. United States (288.0 units)
  2. Canada (194.0 units)
  3. China (66.0 units)
  4. Free Zones (35.0 units)
  5. Belgium (31.0 units)
  6. Italy (12.0 units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Panama

Book-binding machinery; including book-sewing machines exports from Panama stood at 59 units in 2022, remaining relatively unchanged against the previous year's figure. In general, exports continue to indicate a significant decrease. The smallest decline of -55.1% was in 2020. The exports peaked at 267 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, book-binding machinery; including book-sewing machines exports amounted to $31K in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of -49.2% was in 2020. The exports peaked at $120K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica9.99.1N/A5.8-16.3%
Guatemala15.35.2N/A5.7-28.0%
Dominican Republic7.320.1N/A5.5-9.0%
Cuba19.32.6N/A2.8-47.5%
Belize0.47.4N/A2.071.0%
United States4.53.1N/A1.1-37.5%
Colombia0.31.3N/A0.410.1%
Barbados3.2N/AN/AN/A0%
Honduras33.6N/AN/AN/A0%
Others26.212.1N/A7.2-35.0%
Total12061.0N/A30.5-36.7%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Panama in 2022:

  1. Costa Rica (17.0 units)
  2. Guatemala (11.0 units)
  3. Dominican Republic (10.0 units)
  4. Cuba (6.0 units)
  5. United States (6.0 units)
  6. Belize (3.0 units)
  7. Colombia (2.0 units)

Source: IndexBox Market Intelligence Platform

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