Price for Electrical Fuses for Under 1000 V in Panama - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Panama (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Panama (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Panama
- Exports of Electrical Fuses for Under 1000 V in Panama
Price for Electrical Fuses for Under 1000 V in Panama (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $18 per thousand units, with a decrease of -23.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 94%. The import price peaked at $52 per thousand units in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($92 per thousand units), while the price for China ($11 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Panama (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $35 per thousand units in 2022, jumping by 80% against the previous year. In general, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 133%. As a result, the export price attained the peak level of $38 per thousand units. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($83 per thousand units), while the average price for exports to Ecuador ($4.9 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Panama
In 2022, supplies from abroad of electrical fuses for under 1000 v was finally on the rise to reach 44M units after two years of decline. Over the period under review, imports, however, showed a abrupt shrinkage. Over the period under review, imports of hit record highs at 61M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electrical fuses for under 1000 v rose modestly to $766K in 2022. Overall, imports, however, continue to indicate a significant curtailment. Over the period under review, imports of attained the maximum at $2.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Fuses for Under 1000 V in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 585 | 240 | 124 | 306 | -19.4% |
| Colombia | 109 | 114 | 102 | 137 | 7.9% |
| United States | 313 | 138 | 177 | 135 | -24.4% |
| Free Zones | 124 | 81.6 | 135 | 65.1 | -19.3% |
| Germany | 106 | 20.2 | 72.7 | 25.1 | -38.1% |
| Taiwan (Chinese) | 34.9 | 38.8 | 40.4 | 21.6 | -14.8% |
| Mexico | 354 | 58.7 | 10.9 | 15.2 | -65.0% |
| Others | 534 | 77.5 | 79.8 | 61.4 | -51.4% |
| Total | 2,160 | 770 | 742 | 766 | -29.2% |
Top Suppliers of Electrical Fuses for Under 1000 V to Panama in 2022:
- China (27.0M units)
- Colombia (9.9M units)
- Free Zones (2.8M units)
- United States (1.5M units)
- Taiwan (Chinese) (0.8M units)
- Mexico (0.3M units)
- Germany (0.3M units)
Exports of Electrical Fuses for Under 1000 V in Panama
In 2022, shipments abroad of electrical fuses for under 1000 v decreased by -45.6% to 2.4M units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 7.2%. As a result, the exports attained the peak of 5.8M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electrical fuses for under 1000 v dropped modestly to $83K in 2022. Overall, exports continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $115K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Electrical Fuses for Under 1000 V in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | 0.9 | 0.5 | 1.6 | 54.2 | 292.0% |
| Costa Rica | 18.2 | 51.7 | 22.9 | 21.2 | 5.2% |
| Guatemala | 56.4 | 49.5 | 50.8 | 3.1 | -62.0% |
| Barbados | 0.3 | 1.6 | 0.1 | 1.1 | 54.2% |
| Ecuador | 2.0 | 0.8 | 2.4 | 0.7 | -29.5% |
| Dominican Republic | 3.8 | 2.1 | 1.7 | 0.6 | -46.0% |
| Trinidad and Tobago | N/A | 2.0 | 0.1 | 0.5 | -50.0% |
| Belize | 1.7 | 0.4 | 0.1 | 0.3 | -43.9% |
| Guyana | 0.4 | 0.1 | 0.4 | 0.3 | -9.1% |
| Others | 3.1 | 6.8 | 4.6 | 1.4 | -23.3% |
| Total | 86.7 | 115 | 84.7 | 83.1 | -1.4% |
Top Export Markets for Electrical Fuses for Under 1000 V from Panama in 2022:
- Costa Rica (1185.2K units)
- Jamaica (651.4K units)
- Guatemala (152.9K units)
- Ecuador (132.4K units)
- Barbados (91.6K units)
- Dominican Republic (52.6K units)
- Guyana (41.4K units)
- Belize (38.8K units)
- Trinidad and Tobago (36.1K units)
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