Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Panama - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Panama (CIF) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Panama
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Panama (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $26 thousand per unit, declining by -64.1% against the previous year. Overall, the import price, however, saw buoyant growth. The growth pace was the most rapid in 2018 an increase of 347% against the previous year. Over the period under review, average import prices hit record highs at $114 thousand 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 Brazil ($96 thousand per unit), while the price for Costa Rica ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+49.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Panama
In 2022, purchases abroad of turbo-jets, turbo-propellers and other gas turbineses decreased by -11.9% to 37 units, falling for the second year in a row after two years of growth. In general, imports recorded a perceptible slump. The growth pace was the most rapid in 2020 when imports increased by 2.4%. As a result, imports attained the peak of 43 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses dropped dramatically to $967K in 2022. Over the period under review, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 232% against the previous year. As a result, imports reached the peak of $3.1M, and then plummeted in the following year.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 879 | 447 | 337 | 95.8 | -52.2% |
| Germany | 201 | 79.7 | 210 | 84.5 | -25.1% |
| Canada | 16.2 | 150 | 288 | 47.3 | 42.9% |
| China | 0.7 | 1.9 | 0.6 | 32.6 | 259.8% |
| Australia | 7.3 | 6.0 | 56.8 | 27.9 | 56.3% |
| France | 2.4 | 3.6 | 41.2 | 25.1 | 118.7% |
| Hungary | 1.3 | 1.7 | 43.5 | 21.3 | 154.0% |
| Denmark | 0.9 | 1.1 | 7.9 | 3.3 | 54.2% |
| Belgium | 4.4 | 1.8 | 5.0 | 2.1 | -21.9% |
| Colombia | 1.1 | 2.0 | 3.3 | 1.6 | 13.3% |
| Hong Kong SAR | 0.7 | 0.4 | 1.6 | 0.9 | 8.7% |
| Ecuador | N/A | N/A | N/A | 0.4 | 0% |
| Costa Rica | N/A | N/A | N/A | N/A | 0% |
| Others | 1,523 | 225 | 2,064 | 625 | -25.7% |
| Total | 2,638 | 920 | 3,059 | 967 | -28.4% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Panama in 2022:
- China (4.0 units)
- Canada (1.0 units)
- Brazil (1.0 units)
- Australia (1.0 units)
- Denmark (1.0 units)
- Hungary (1.0 units)
- Costa Rica (1.0 units)
- France (1.0 units)
- Hong Kong SAR (1.0 units)
- Colombia (1.0 units)
- Belgium (1.0 units)
- Germany (1.0 units)
- Ecuador (1.0 units)
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