Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $127 per unit, remaining stable against the previous year. In general, the import price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 7.6%. As a result, import price attained the peak level of $242 per unit. From 2016 to 2022, the average 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 the United States ($146 per unit), while the price for Ecuador ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $88 per unit in 2022, waning by -7.7% against the previous year. Overall, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 86% against the previous year. As a result, the export price attained the peak level of $310 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($287 per unit), while the average price for exports to Bolivia ($10 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 Colombia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama
In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) imported into Panama surged to 3.7K units, growing by 88% on 2021. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $471K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 70.1 | 27.1 | 24.6 | 134 | 24.1% |
Free Zones | 30.6 | 13.6 | 64.5 | 122 | 58.6% |
United States | 11.1 | 5.7 | 32.4 | 97.4 | 106.3% |
Taiwan (Chinese) | 15.6 | 6.1 | 14.0 | 20.4 | 9.4% |
Dominican Republic | 17.7 | 13.9 | 14.3 | 14.7 | -6.0% |
United Kingdom | 15.4 | 8.2 | 3.5 | 11.1 | -10.3% |
Colombia | 3.6 | 17.1 | 0.7 | 10.1 | 41.0% |
Turkey | 0.2 | 0.3 | 16.4 | 9.6 | 263.4% |
Denmark | 4.5 | 4.8 | 6.7 | 9.3 | 27.4% |
Canada | 18.0 | 5.6 | 37.6 | 6.6 | -28.4% |
Mexico | 2.0 | 5.2 | 1.9 | 1.7 | -5.3% |
Others | 43.8 | 30.4 | 30.1 | 34.6 | -7.6% |
Total | 233 | 138 | 247 | 471 | 26.4% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Panama in 2022:
- China (1328.0 units)
- Free Zones (834.0 units)
- United States (665.0 units)
- Taiwan (Chinese) (140.0 units)
- Dominican Republic (101.0 units)
- Mexico (77.0 units)
- United Kingdom (77.0 units)
- Colombia (70.0 units)
- Turkey (67.0 units)
- Denmark (65.0 units)
- Canada (32.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama
In 2022, approx. 614 units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were exported from Panama; falling by -45.1% compared with the previous year. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 816%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at 1.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped dramatically to $54K in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 660% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at $272K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cuba | 69.4 | 3.5 | 40.2 | 24.5 | -29.3% |
Nicaragua | 7.8 | 1.6 | 23.8 | 18.7 | 33.8% |
Trinidad and Tobago | 3.1 | 0.2 | 4.1 | 2.1 | -12.2% |
Denmark | N/A | N/A | N/A | 1.3 | 0% |
Aruba | 1.4 | 0.1 | 3.4 | 1.2 | -5.0% |
Guatemala | 20.4 | 1.3 | 22.7 | 0.4 | -73.0% |
Bolivia | 0.2 | N/A | 0.2 | 0.3 | 14.5% |
Costa Rica | 17.5 | N/A | 1.8 | 0.3 | -74.2% |
Chile | 139 | N/A | 0.2 | 0.1 | -91.0% |
Others | 13.0 | 7.4 | 10.7 | 5.3 | -25.9% |
Total | 272 | 14.1 | 107 | 54.3 | -41.6% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Panama in 2022:
- Cuba (241.0 units)
- Nicaragua (184.0 units)
- Trinidad and Tobago (94.0 units)
- Bolivia (28.0 units)
- Denmark (13.0 units)
- Aruba (12.0 units)
- Guatemala (4.0 units)
- Costa Rica (3.0 units)
- Chile (1.0 units)
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