Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama - 2022
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama (CIF) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama (FOB) - 2022
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama (CIF) - 2022
The average import price for generators stood at $874 per unit in 2022, with an increase of 27% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2019 an increase of 40% against the previous year. As a result, import price reached the peak level of $877 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,323 per unit), while the price for Colombia ($513 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama (FOB) - 2022
The average export price for generators stood at $1,217 per unit in 2022, flattening at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 55% against the previous year. The export price peaked at $1,329 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Suriname ($1,601 per unit), while the average price for exports to Barbados ($200 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 (+105.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama
In 2022, imports of generators into Panama declined sharply to 562 units, with a decrease of -40.4% compared with 2021. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.9% against the previous year. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of generators declined dramatically to $491K in 2022. Overall, imports recorded a precipitous shrinkage. The smallest decline of -8% was in 2021. Over the period under review, imports of attained the maximum at $968K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.4 | 16.2 | 29.9 | 244 | 69.2% |
| China | 153 | 149 | 197 | 126 | -6.3% |
| Colombia | 24.9 | 15.5 | 18.9 | 49.7 | 25.9% |
| Free Zones | 249 | 17.4 | 26.2 | 11.6 | -64.0% |
| Japan | 116 | 12.6 | 6.1 | 5.4 | -64.0% |
| Hong Kong SAR | 71.5 | 146 | 101 | N/A | 18.9% |
| Nicaragua | 12.1 | 0.1 | N/A | N/A | -99.2% |
| South Korea | 182 | 202 | 28.4 | N/A | -60.5% |
| Others | 109 | 147 | 242 | 54.1 | -20.8% |
| Total | 968 | 706 | 649 | 491 | -20.2% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Panama in 2022:
- United States (415.0 units)
- Colombia (97.0 units)
- China (20.0 units)
- Japan (10.0 units)
- Free Zones (10.0 units)
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama
In 2022, shipments abroad of generators decreased by 0% to 130 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. As a result, the exports reached the peak of 238 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of generators totaled $158K in 2022. In general, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 36%. As a result, the exports attained the peak of $316K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 161 | 212 | N/A | 119 | -9.6% |
| United States | 1.0 | 14.9 | N/A | 8.3 | 102.5% |
| Belize | 8.9 | 11.2 | N/A | 5.8 | -13.3% |
| Dominican Republic | 1.8 | 13.5 | N/A | 5.3 | 43.3% |
| Cuba | 15.1 | 3.6 | N/A | 3.7 | -37.4% |
| Venezuela | 14.0 | 2.2 | N/A | 3.1 | -39.5% |
| Bahamas | 3.8 | 4.8 | N/A | 2.5 | -13.0% |
| Haiti | 8.1 | 3.6 | N/A | 2.3 | -34.3% |
| Guatemala | 2.1 | 4.8 | N/A | 2.0 | -1.6% |
| Jamaica | 3.0 | 32.9 | N/A | 0.2 | -59.5% |
| Bolivia | 0.1 | N/A | N/A | N/A | 0% |
| Others | 13.2 | 13.1 | N/A | 6.3 | -21.9% |
| Total | 232 | 316 | N/A | 158 | -12.0% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Panama in 2022:
- Netherlands (89.0 units)
- United States (6.0 units)
- Belize (4.0 units)
- Dominican Republic (4.0 units)
- Cuba (3.0 units)
- Venezuela (2.0 units)
- Bahamas (2.0 units)
- Guatemala (2.0 units)
- Haiti (2.0 units)
- Jamaica (1.0 units)
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1222
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