Price for Non-Tanker Trailer and Semi-Trailers in Panama - 2023

Contents:

1. Price for Non-Tanker Trailer and Semi-Trailers in Panama (CIF) - 2022
2. Price for Non-Tanker Trailer and Semi-Trailers in Panama (FOB) - 2022
3. Imports of Non-Tanker Trailer and Semi-Trailers in Panama
4. Exports of Non-Tanker Trailer and Semi-Trailers in Panama

Price for Non-Tanker Trailer and Semi-Trailers in Panama (CIF) - 2022

In 2022, the average non-tanker trailer and semi-trailers import price amounted to $22,520 per unit, growing by 9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2018 an increase of 13% against the previous year. The import price peaked at $23,364 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($26,756 per unit), while the price for El Salvador ($7,235 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+62.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Tanker Trailer and Semi-Trailers in Panama (FOB) - 2022

The average non-tanker trailer and semi-trailers export price stood at $18,215 per unit in 2022, with an increase of 136% against the previous year. In general, the export price posted a temperate increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 915% against the previous year. The export price peaked at $24,186 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($531 per unit), while the average price for exports to Costa Rica ($1 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 Chile (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Tanker Trailer and Semi-Trailers in Panama

In 2022, imports of non-tanker trailers and semi-trailers into Panama declined significantly to 69 units, shrinking by -52.4% compared with the year before. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 146% against the previous year. As a result, imports reached the peak of 145 units, and then declined markedly in the following year.

In value terms, non-tanker trailer and semi-trailers imports shrank markedly to $1.6M in 2022. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 157%. As a result, imports reached the peak of $3M, and then declined markedly in the following year.

Top Suppliers of Non-Tanker Trailer and Semi-Trailers to Panama in 2022:

1. United States (55.0 units)
2. Mexico (8.0 units)
3. El Salvador (2.0 units)
4. Costa Rica (2.0 units)

Exports of Non-Tanker Trailer and Semi-Trailers in Panama

After three years of growth, overseas shipments of non-tanker trailers and semi-trailers decreased by -40% to 12 units in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 567%. As a result, the exports reached the peak of 20 units, and then fell significantly in the following year.

In value terms, non-tanker trailer and semi-trailers exports surged to $219K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 290% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Non-Tanker Trailer and Semi-Trailers from Panama in 2022:

1. Canada (1.0 units)
2. Honduras (1.0 units)
3. Colombia (1.0 units)
4. Cuba (1.0 units)
5. El Salvador (1.0 units)
6. Costa Rica (1.0 units)
7. Bahamas (1.0 units)
8. Guatemala (1.0 units)
9. Chile (1.0 units)
10. Guyana (1.0 units)
11. Dominican Republic (1.0 units)
12. Nicaragua (1.0 units)
13. Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform