Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama - 2022

Contents:

1. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama (CIF) - 2022
2. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama (FOB) - 2022
3. Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama
4. Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama (CIF) - 2022

The average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $334 per unit in 2022, surging by 40% against the previous year. In general, the import price, however, saw a deep downturn. Over the period under review, average import prices attained the maximum at $627 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($331 per unit) and the United States ($331 per unit), while the price for the Netherlands ($323 per unit) and Canada ($330 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the prices for the other major suppliers experienced a decline.

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama (FOB) - 2022

The average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $638 per unit in 2022, almost unchanged from the previous year. In general, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 14%. The export price peaked at $1,047 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,566 per unit), while the average price for exports to Spain ($30 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 the Netherlands (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama

In 2022, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses into Panama declined markedly to 9.5K units, shrinking by -23.1% against the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Imports peaked at 17K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $3.2M in 2022. Overall, imports showed a abrupt contraction. Imports peaked at $5.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Panama in 2022:

1. United States (4.4K units)
2. Spain (2.4K units)
3. Free Zones (1.4K units)
4. Canada (0.7K units)
5. Germany (0.5K units)

Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Panama

Exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses from Panama amounted to 239 units in 2022, approximately mirroring 2021. Overall, exports saw a dramatic downturn. The smallest decline of -46.8% was in 2020. Over the period under review, the exports of hit record highs at 863 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $153K in 2022. Over the period under review, exports saw a sharp setback. The smallest decline of -49.6% was in 2020. The exports peaked at $605K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Panama in 2022:

1. Cuba (79.0 units)
2. Spain (38.0 units)
3. United States (16.0 units)
4. Netherlands (14.0 units)
5. Free Zones (14.0 units)
6. Nicaragua (11.0 units)
7. Chile (11.0 units)
8. Norway (10.0 units)
9. Belgium (7.0 units)
10. Jamaica (4.0 units)
11. Trinidad and Tobago (4.0 units)
12. Ecuador (4.0 units)

Source: IndexBox Market Intelligence Platform