Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama - 2024

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama (CIF) - 2022
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama (FOB) - 2022
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama (CIF) - 2022

The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $9.7 per unit in 2022, with a decrease of -8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $14 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Spain ($26 per unit), while the price for Peru ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama (FOB) - 2022

The average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $4 per unit in 2022, surging by 33% against the previous year. Overall, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2015 when the average export price increased by 367%. As a result, the export price reached the peak level of $15 per unit. From 2016 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 the Dominican Republic ($21 per unit), while the average price for exports to Jamaica ($0.9 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 Ghana (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama

Imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v into Panama surged to 88K units in 2022, increasing by 21% against the year before. Overall, imports, however, showed a deep downturn. Over the period under review, imports of reached the maximum at 112K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $850K in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports of hit record highs at $1.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States368166273229-14.6%
Colombia2.361.951.9188334.0%
Free Zones21.05.414515594.7%
Spain173101109101-16.4%
China60641.771.150.6-56.3%
France13.133.68.244.950.8%
Germany60.042.210.216.8-34.6%
PeruN/A79.4N/A13.6-58.6%
Others22790.396.250.5-39.4%
Total1,471622765850-16.7%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Panama in 2022:

  1. Colombia (28.9K units)
  2. Free Zones (17.5K units)
  3. China (12.8K units)
  4. United States (11.5K units)
  5. Peru (4.4K units)
  6. France (4.2K units)
  7. Spain (3.9K units)
  8. Germany (1.8K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama

In 2022, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v from Panama surged to 33K units, with an increase of 706% compared with the year before. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v surged to $131K in 2022. Overall, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica2.73.90.1115249.2%
Guatemala1016.73.36.0-61.0%
Guyana2.20.24.92.42.9%
ChileN/AN/AN/A2.00%
Antigua and BarbudaN/A0.50.41.467.3%
Jamaica0.30.70.70.732.6%
Barbados0.10.11.10.458.7%
Others3.00.51.63.77.2%
Total10912.512.21316.3%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Panama in 2022:

  1. Costa Rica (28.1K units)
  2. Chile (1.7K units)
  3. Guyana (0.9K units)
  4. Jamaica (0.8K units)
  5. Antigua and Barbuda (0.7K units)
  6. Guatemala (0.4K units)
  7. Barbados (0.3K units)

Source: IndexBox Market Intelligence Platform

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