Price for Mower for Lawns, Parks or Sports Grounds in Panama - 2024
Contents:
- Price for Mower for Lawns, Parks or Sports Grounds in Panama (CIF) - 2022
- Price for Mower for Lawns, Parks or Sports Grounds in Panama (FOB) - 2022
- Imports of Mower for Lawns, Parks or Sports Grounds in Panama
- Exports of Mower for Lawns, Parks or Sports Grounds in Panama
Price for Mower for Lawns, Parks or Sports Grounds in Panama (CIF) - 2022
The average import price for mowers for lawns, parks or sports grounds stood at $368 per unit in 2022, picking up by 18% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 Mexico ($647 per unit), while the price for Free Zones ($308 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mower for Lawns, Parks or Sports Grounds in Panama (FOB) - 2022
The average export price for mowers for lawns, parks or sports grounds stood at $521 per unit in 2022, growing by 7% against the previous year. Over the period under review, the export price posted tangible growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 820% against the previous year. Over the period under review, the average export prices reached the maximum at $1,187 per unit in 2016; however, from 2017 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 Costa Rica ($730 per unit), while the average price for exports to Nicaragua ($399 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 Nicaragua (+828.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mower for Lawns, Parks or Sports Grounds in Panama
In 2022, imports of mowers for lawns, parks or sports grounds into Panama shrank markedly to 4.4K units, waning by -39.7% on the previous year's figure. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, imports of reached the peak figure at 8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of mowers for lawns, parks or sports grounds shrank rapidly to $1.6M in 2022. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, imports reached the peak of $2.2M, and then shrank remarkably in the following year.
| Import of Mower for Lawns, Parks or Sports Grounds in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 671 | 316 | 736 | 704 | 1.6% |
| China | 1,115 | 804 | 760 | 413 | -28.2% |
| United States | 168 | 179 | 646 | 364 | 29.4% |
| Mexico | N/A | N/A | 36.2 | 56.3 | 55.5% |
| Brazil | 161 | N/A | N/A | 1.3 | -79.9% |
| Others | 57.2 | 103 | 70.3 | 68.0 | 5.9% |
| Total | 2,172 | 1,402 | 2,248 | 1,606 | -9.6% |
Top Suppliers of Mower for Lawns, Parks or Sports Grounds to Panama in 2022:
- Free Zones (2285.0 units)
- China (1122.0 units)
- United States (717.0 units)
- Mexico (87.0 units)
- Brazil (2.0 units)
Exports of Mower for Lawns, Parks or Sports Grounds in Panama
In 2022, overseas shipments of mowers for lawns, parks or sports grounds decreased by -49.3% to 192 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 474% against the previous year. As a result, the exports attained the peak of 379 units, and then fell sharply in the following year.
In value terms, exports of mowers for lawns, parks or sports grounds shrank sharply to $99K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,035% against the previous year. As a result, the exports reached the peak of $184K, and then shrank dramatically in the following year.
| Export of Mower for Lawns, Parks or Sports Grounds in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | 108 | 42.3 | -60.8% |
| Peru | N/A | N/A | 35.5 | 31.8 | -10.4% |
| Belize | 1.1 | N/A | 0.5 | 8.6 | 98.5% |
| Nicaragua | N/A | N/A | N/A | 6.4 | 0% |
| Chile | N/A | N/A | N/A | 2.7 | 0% |
| Costa Rica | 8.8 | 0.1 | N/A | 1.5 | -44.6% |
| Dominican Republic | 2.2 | 11.7 | 38.3 | N/A | 317.2% |
| Jamaica | 2.2 | 0.3 | N/A | N/A | -86.4% |
| Others | 3.4 | 4.1 | 1.9 | 5.7 | 18.8% |
| Total | 17.7 | 16.2 | 184 | 98.9 | 77.4% |
Top Export Markets for Mower for Lawns, Parks or Sports Grounds from Panama in 2022:
- Colombia (78.0 units)
- Peru (72.0 units)
- Nicaragua (16.0 units)
- Belize (14.0 units)
- Chile (5.0 units)
- Costa Rica (2.0 units)
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