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Panama - Sailboats for Pleasure or Sports, With or Without Auxiliary Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPanama: Sailboat Market 2024
Sailboat Market Size in Panama
The Panamanian sailboat market dropped modestly to $X in 2023, with a decrease of X% against the previous year. In general, consumption, however, saw a buoyant increase. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.
Sailboat Production in Panama
In value terms, sailboat production shrank to $X in 2023 estimated in export price. Overall, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Sailboat production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.
Sailboat Exports
Exports from Panama
In 2023, overseas shipments of sailboats for pleasure or sports, with or without auxiliary motor decreased by X% to X units for the first time since 2020, thus ending a two-year declining trend. Over the period under review, exports showed a pronounced decline. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, sailboat exports contracted modestly to $X in 2023. Overall, exports enjoyed a perceptible expansion. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports remained at a lower figure.
Exports by Country
Colombia (X units), Greece (X units) and the Dominican Republic (X units) were the main destinations of sailboat exports from Panama, with a combined X% share of total exports.
From 2012 to 2023, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Greece ($X) remains the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from Panama, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Greece totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and South Korea (X% per year).
Export Prices by Country
In 2023, the average sailboat export price amounted to $X per unit, almost unchanged from the previous year. Overall, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to the Dominican Republic ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.
Sailboat Imports
Imports into Panama
In 2023, imports of sailboats for pleasure or sports, with or without auxiliary motor into Panama stood at X units, therefore, remained relatively stable against 2022. Overall, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2023, the growth of imports failed to regain momentum.
In value terms, sailboat imports expanded slightly to $X in 2023. In general, imports saw a sharp decline. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.
Imports by Country
The United States (X units), China (X units) and Colombia (X units) were the main suppliers of sailboat imports to Panama, together comprising X% of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Spain ($X) constituted the largest supplier of sailboats for pleasure or sports, with or without auxiliary motor to Panama, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Turkey (X% per year).
Import Prices by Country
In 2023, the average sailboat import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Chile ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the sailboat market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30121100 - Sailboats (except inflatable) for pleasure or sports, with or without auxiliary motor
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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