Panama - Electrical Or Battery Operated Lighting Or Visual Signalling For Bicycles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBicycle Lighting Price in Panama - 2023
Contents:
- Bicycle Lighting Price in Panama (CIF) - 2022
- Bicycle Lighting Price in Panama (FOB) - 2022
- Bicycle Lighting Imports in Panama
- Bicycle Lighting Exports in Panama
Bicycle Lighting Price in Panama (CIF) - 2022
The average bicycle lighting import price stood at $11 per unit in 2022, picking up by 7.8% against the previous year. Over the period under review, the import price showed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($11 per unit) and the United States ($11 per unit), while the price for Free Zones ($10 per unit) and France ($11 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Lighting Price in Panama (FOB) - 2022
In 2022, the average bicycle lighting export price amounted to $6.6 per unit, approximately equating the previous year. Overall, the export price recorded a resilient expansion. The growth pace was the most rapid in 2015 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices hit record highs at $7 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were El Salvador ($6.2 per unit) and the Dominican Republic ($6.1 per unit), while the average price for exports to Colombia ($6 per unit) and Jamaica ($6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Lighting Imports in Panama
In 2022, the amount of electrical or battery operated lighting or visual signalling for bicycles imported into Panama surged to 35K units, increasing by 228% on 2021. Overall, imports, however, faced a dramatic decrease. Imports peaked at 100K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, bicycle lighting imports surged to $378K in 2022. In general, imports, however, faced a sharp curtailment. Over the period under review, imports hit record highs at $922K in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Import of Bicycle Lighting in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.9 | 461 | 15.6 | 317 | 277.3% |
China | 750 | 407 | 28.2 | 27.4 | -66.8% |
Taiwan (Chinese) | 2.9 | 1.6 | 4.2 | 14.7 | 71.8% |
France | N/A | N/A | N/A | 9.3 | 0% |
Free Zones | 52.0 | 37.4 | 55.2 | 8.2 | -46.0% |
Others | 3.7 | 14.6 | 3.7 | 1.0 | -35.3% |
Total | 815 | 922 | 107 | 378 | -22.6% |
Top Suppliers of Bicycle Lighting to Panama in 2022:
- United States (29.7K units)
- China (2.6K units)
- Taiwan (Chinese) (1.4K units)
- France (0.9K units)
- Free Zones (0.8K units)
Bicycle Lighting Exports in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of electrical or battery operated lighting or visual signalling for bicycles, which decreased by 0% to 23K units in 2022. In general, exports recorded a sharp decrease. The smallest decline of -19.1% was in 2020. Over the period under review, the exports attained the maximum at 57K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bicycle lighting exports totaled $152K in 2022. Overall, exports faced a dramatic slump. The smallest decline of -24% was in 2020. The exports peaked at $399K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Bicycle Lighting in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cuba | 140 | 21.8 | N/A | 38.2 | -35.1% |
Colombia | 6.3 | 101 | N/A | 32.8 | 73.3% |
Jamaica | 62.5 | 27.7 | N/A | 15.4 | -37.3% |
Costa Rica | 37.8 | 20.5 | N/A | 12.3 | -31.2% |
Trinidad and Tobago | 21.2 | 25.1 | N/A | 8.1 | -27.4% |
Honduras | 20.3 | 16.6 | N/A | 7.4 | -28.6% |
Chile | 7.4 | 21.1 | N/A | 6.8 | -2.8% |
Haiti | 14.8 | 9.9 | N/A | 5.8 | -26.8% |
Venezuela | 17.7 | 1.1 | N/A | 5.1 | -34.0% |
Antigua and Barbuda | N/A | 10.6 | N/A | N/A | 0% |
Others | 71.3 | 47.8 | N/A | 19.7 | -34.9% |
Total | 399 | 303 | N/A | 152 | -27.5% |
Top Export Markets for Bicycle Lighting from Panama in 2022:
- Cuba (6.3K units)
- Colombia (5.4K units)
- Jamaica (2.6K units)
- Costa Rica (2.0K units)
- Trinidad and Tobago (1.3K units)
- Honduras (1.2K units)
- Chile (1.1K units)
- Haiti (1.0K units)
- Venezuela (0.8K units)
This report provides an in-depth analysis of the bicycle lighting 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 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
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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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...