Rangefinders Price in Panama - 2022

Contents:

  1. Rangefinders Price in Panama (CIF) - 2022
  2. Rangefinders Price in Panama (FOB) - 2022
  3. Rangefinders Imports in Panama
  4. Rangefinders Exports in Panama

Rangefinders Price in Panama (CIF) - 2022

The average rangefinders import price stood at $111 per unit in 2022, declining by -25.9% against the previous year. Over the period under review, the import price faced a deep setback. The growth pace was the most rapid in 2018 an increase of 272%. As a result, import price reached the peak level of $845 per unit. From 2019 to 2022, the average import prices remained at a somewhat 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 Guatemala ($1,063 per unit), while the price for China ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+49.5%), while the prices for the other major suppliers experienced a decline.

Rangefinders Price in Panama (FOB) - 2022

The average rangefinders export price stood at $202 per unit in 2022, approximately mirroring the previous year. Overall, the export price faced a deep setback. The pace of growth appeared the most rapid in 2020 an increase of 148%. Over the period under review, the average export prices attained the peak figure at $1,068 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 Norway ($761 per unit), while the average price for exports to Aruba ($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 (+17.7%), while the prices for the other major destinations experienced a decline.

Rangefinders Imports in Panama

In 2022, approx. 415 units of rangefinderses were imported into Panama; reducing by -8.2% on 2021. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 250% against the previous year. As a result, imports reached the peak of 452 units, and then shrank in the following year.

In value terms, rangefinders imports contracted notably to $46K in 2022. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 137% against the previous year. As a result, imports attained the peak of $68K, and then contracted dramatically in the following year.

Import of Rangefinders in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1.3N/AN/A21.3154.0%
United States2.43.717.916.690.5%
China2.40.12.04.018.6%
Malaysia0.70.10.71.734.4%
Colombia3.21.93.0N/A-3.2%
United Kingdom12.28.516.2N/A15.2%
Denmark3.22.44.8N/A22.5%
Others10.012.023.42.7-35.4%
Total35.328.768.046.29.4%

Top Suppliers of Rangefinders to Panama in 2022:

  1. China (265.0 units)
  2. United States (115.0 units)
  3. Guatemala (20.0 units)
  4. Malaysia (11.0 units)

Rangefinders Exports in Panama

In 2022, shipments abroad of rangefinderses decreased by 0% to 16 units, falling for the second consecutive year after two years of growth. In general, exports saw resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 91% against the previous year. As a result, the exports attained the peak of 21 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, rangefinders exports amounted to $3.2K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 374% against the previous year. As a result, the exports attained the peak of $6.4K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Rangefinders in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9174,684N/A2,00129.7%
Norway26.0294N/A761208.2%
Chile2231,091N/A42724.2%
Costa Rica29.059.0N/A18.0-14.7%
Dominican Republic2.012.0N/A5.035.7%
Guatemala2.011.0N/A4.026.0%
Ecuador4.014.0N/A3.0-9.1%
Colombia1.05.0N/A2.026.0%
Venezuela2.08.0N/A2.00.0%
Aruba1.03.0N/A1.00.0%
ThailandN/A15.0N/AN/A0%
France7.0N/AN/AN/A0%
Others146249N/AN/A70.5%
Total1,3606,445N/A3,22433.3%

Top Export Markets for Rangefinders from Panama in 2022:

  1. United States (7.0 units)
  2. Colombia (1.0 units)
  3. Norway (1.0 units)
  4. Costa Rica (1.0 units)
  5. Guatemala (1.0 units)
  6. Aruba (1.0 units)
  7. Chile (1.0 units)
  8. Dominican Republic (1.0 units)
  9. Venezuela (1.0 units)
  10. Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform

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