Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama
- Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $34,354 per unit, jumping by 114% against the previous year. Over the period under review, the import price recorded strong growth. The growth pace was the most rapid in 2015 an increase of 1,339%. As a result, import price reached the peak level of $112,150 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +20.5% per year.
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama (FOB) - 2022
In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $2,185 per unit, surging by 5% against the previous year. In general, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2021 an increase of 118%. The export price peaked at $7,200 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($10,252 per unit), while the average price for exports to Chile ($154 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 Dominican Republic (+98.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama
In 2022, approx. 1 units of knitting machines; circular, with cylinder diameter exceeding 165mms were imported into Panama; waning by -50% on the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year. Over the period under review, imports of attained the maximum at 2 units in 2021, and then fell sharply in the following year.
In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms rose remarkably to $34K in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 159% against the previous year. As a result, imports attained the peak of $51K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.8 | 51.2 | 19.5 | 34.4 | 20.2% |
| United States | N/A | N/A | 12.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.8 | 51.2 | 32.1 | 34.4 | 20.2% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Panama in 2022:
- China (1.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama
Exports of knitting machines; circular, with cylinder diameter exceeding 165mms from Panama skyrocketed to 5 units in 2022, with an increase of 25% on the previous year. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at 6 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $11K in 2022. In general, total exports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 10.3 | 0% |
| Honduras | 0.1 | 0.2 | 2.1 | 0.2 | 26.0% |
| Colombia | 4.5 | 0.3 | 2.4 | 0.2 | -64.6% |
| Chile | 0.2 | 0.2 | 1.9 | 0.2 | 0.0% |
| Venezuela | 0.3 | 0.2 | 2.0 | 0.2 | -12.6% |
| Haiti | 2.0 | N/A | N/A | N/A | 0% |
| Dominican Republic | N/A | 0.5 | N/A | N/A | 0% |
| Costa Rica | 2.4 | 4.2 | N/A | N/A | 75.0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 9.5 | 5.7 | 8.3 | 10.9 | 4.7% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from Panama in 2022:
- Honduras (1.0 units)
- Nigeria (1.0 units)
- Venezuela (1.0 units)
- Colombia (1.0 units)
- Chile (1.0 units)
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