Price for Liquid Elevators; Parts Thereof in Panama - 2024
Contents:
- Price for Liquid Elevators; Parts Thereof in Panama (CIF) - 2022
- Price for Liquid Elevators; Parts Thereof in Panama (FOB) - 2022
- Imports of Liquid Elevators; Parts Thereof in Panama
- Exports of Liquid Elevators; Parts Thereof in Panama
Price for Liquid Elevators; Parts Thereof in Panama (CIF) - 2022
The average liquid elevators; parts thereof import price stood at $20,237 per ton in 2022, growing by 72% against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 232% against the previous year. As a result, import price reached the peak level of $45,295 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 Germany ($151,000 per ton), while the price for Free Zones ($11,271 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Liquid Elevators; Parts Thereof in Panama (FOB) - 2022
The average liquid elevators; parts thereof export price stood at $24,100 per ton in 2022, jumping by 62% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 807% against the previous year. The export price peaked at $72,045 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($67,875 per ton), while the average price for exports to Ecuador ($3,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+158.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Liquid Elevators; Parts Thereof in Panama
Liquid elevators; parts thereof imports into Panama soared to 16 tons in 2022, increasing by 28% against 2021 figures. Over the period under review, imports, however, saw a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 76%. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, liquid elevators; parts thereof imports surged to $245K in 2022. Overall, imports, however, faced a significant decrease.
| Import of Liquid Elevators; Parts Thereof in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 210 | 60.4 | 116 | 127 | -15.4% |
| Free Zones | 108 | 18.5 | 44.8 | 77.7 | -10.4% |
| China | 194 | 474 | 20.7 | 35.5 | -43.2% |
| Guatemala | 0.7 | 21.8 | 18.7 | 1.3 | 22.9% |
| Peru | N/A | 23.5 | N/A | N/A | 0% |
| Italy | 46.5 | N/A | N/A | N/A | 0% |
| Others | 143 | 146 | 6.8 | 3.4 | -71.2% |
| Total | 701 | 744 | 207 | 245 | -29.6% |
Top Suppliers of Liquid Elevators; Parts Thereof to Panama in 2022:
- United States (7.1 tons)
- Free Zones (6.9 tons)
- China (1.7 tons)
Exports of Liquid Elevators; Parts Thereof in Panama
In 2022, shipments abroad of liquid elevators; parts thereoves decreased by -62.9% to 251 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 218%. As a result, the exports reached the peak of 677 kg, and then reduced dramatically in the following year.
In value terms, liquid elevators; parts thereof exports shrank markedly to $4.8K in 2022. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 513%. As a result, the exports reached the peak of $13K, and then contracted notably in the following year.
| Export of Liquid Elevators; Parts Thereof in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | N/A | 2.7 | 0% |
| Dominican Republic | 2.9 | 0.4 | 9.1 | 0.9 | -32.3% |
| Costa Rica | N/A | 0.5 | 0.1 | 0.7 | 18.3% |
| Guyana | N/A | N/A | N/A | 0.3 | 0% |
| El Salvador | N/A | N/A | N/A | 0.1 | 0% |
| Ecuador | N/A | 0.7 | 0.7 | 0.1 | -62.2% |
| Guatemala | N/A | 0.6 | 3.3 | N/A | 450.0% |
| Belize | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.4 | N/A | 0.1 | N/A | -50.0% |
| Total | 3.4 | 2.2 | 13.5 | 4.8 | 12.2% |
Top Export Markets for Liquid Elevators; Parts Thereof from Panama in 2022:
- Costa Rica (89.0 kg)
- Guyana (51.0 kg)
- Argentina (40.0 kg)
- Ecuador (28.0 kg)
- Dominican Republic (22.0 kg)
- El Salvador (17.0 kg)
- Guatemala (1.0 kg)
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