Price for Clock Movements; Complete and Assembled, Electrically Operated in Panama - 2022

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Panama (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Electrically Operated in Panama (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Panama
  4. Exports of Clock Movements; Complete and Assembled, Electrically Operated in Panama

Price for Clock Movements; Complete and Assembled, Electrically Operated in Panama (CIF) - 2022

The average import price for clock movements; complete and assembled, electrically operateds stood at $0.4 per unit in 2022, stabilizing at the previous year. In general, the import price recorded a noticeable increase. The pace of growth appeared the most rapid in 2016 an increase of 159%. As a result, import price reached the peak level of $0.8 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.1% per year.

Price for Clock Movements; Complete and Assembled, Electrically Operated in Panama (FOB) - 2022

The average export price for clock movements; complete and assembled, electrically operateds stood at $22 per unit in 2022, reducing by -3% against the previous year. Overall, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 4,422% against the previous year. As a result, the export price attained the peak level of $69 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +40.9% per year.

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Panama

After two years of decline, purchases abroad of clock movements; complete and assembled, electrically operateds increased by 53% to 1.9K units in 2022. Over the period under review, imports, however, recorded a dramatic decline. Over the period under review, imports of attained the peak figure at 40K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of clock movements; complete and assembled, electrically operateds skyrocketed to $778 in 2022. In general, imports, however, showed a sharp curtailment. Over the period under review, imports of reached the peak figure at $11K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.10.20.8100.0%
China9.13.70.3N/A-81.8%
Others1.4N/AN/AN/A0%
Total10.63.80.50.8-57.7%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Panama in 2022:

  1. United States (1.9K units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in Panama

In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from Panama soared to 498 units, jumping by 27% against 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 30,200% against the previous year. As a result, the exports reached the peak of 606 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of clock movements; complete and assembled, electrically operateds soared to $11K in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 95,021% against the previous year. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuatemalaN/A1.09.111.2234.7%
EcuadorN/A12.3N/AN/A0%
OthersN/AN/AN/AN/A0%
TotalN/A13.39.111.2-8.2%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Panama in 2022:

  1. Guatemala (498.0 units)

Source: IndexBox Market Intelligence Platform

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