Liquid Elevators Price in Panama - 2022
Contents:
- Liquid Elevators Price in Panama (CIF) - 2022
- Liquid Elevators Price in Panama (FOB) - 2022
- Liquid Elevators Imports in Panama
- Liquid Elevators Exports in Panama
Liquid Elevators Price in Panama (CIF) - 2022
The average liquid elevators import price stood at $1,007 per unit in 2022, picking up by 65% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($4,796 per unit), while the price for Canada ($744 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Liquid Elevators Price in Panama (FOB) - 2022
In 2022, the average liquid elevators export price amounted to $383 per unit, approximately equating the previous year. In general, the export price recorded a noticeable reduction. The growth pace was the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum at $526 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($427 per unit), while the average price for exports to Brazil ($115 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 (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Liquid Elevators Imports in Panama
In 2022, overseas purchases of liquid elevatorses decreased by -13.1% to 393 units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of 3.1K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, liquid elevators imports soared to $396K in 2022. Overall, imports recorded a precipitous shrinkage. Imports peaked at $2.2M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Liquid Elevators in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,319 | 1,773 | 198 | 161 | -50.4% |
| United States | 106 | 124 | 20.3 | 125 | 5.6% |
| Free Zones | 108 | 73.1 | 31.0 | 70.8 | -13.1% |
| Canada | 13.5 | 16.8 | 4.4 | 35.0 | 37.4% |
| Others | 173 | 213 | 22.5 | 3.7 | -72.2% |
| Total | 1,719 | 2,200 | 276 | 396 | -38.7% |
Top Suppliers of Liquid Elevators to Panama in 2022:
- China (216.0 units)
- Free Zones (95.0 units)
- Canada (47.0 units)
- United States (26.0 units)
Liquid Elevators Exports in Panama
Liquid elevators exports from Panama was estimated at 2.1K units in 2022, stabilizing at the previous year. In general, exports faced a dramatic downturn. The smallest decline of -1.4% was in 2020. The exports peaked at 4.2K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, liquid elevators exports amounted to $820K in 2022. Overall, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 9.6%. As a result, the exports reached the peak of $1.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Liquid Elevators in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 410 | 479 | N/A | 380 | -2.5% |
| Venezuela | 247 | 501 | N/A | 279 | 4.1% |
| Cuba | 102 | 22.9 | N/A | 42.6 | -25.3% |
| Chile | 0.1 | 0.9 | N/A | 40.6 | 640.5% |
| Honduras | 35.5 | 16.4 | N/A | 9.8 | -34.9% |
| Dominican Republic | 40.0 | 12.9 | N/A | 7.2 | -43.5% |
| Colombia | 444 | 373 | N/A | 0.4 | -90.3% |
| Nicaragua | 33.8 | 52.9 | N/A | 0.1 | -85.6% |
| Others | 185 | 181 | N/A | 61.2 | -30.8% |
| Total | 1,497 | 1,641 | N/A | 820 | -18.2% |
Top Export Markets for Liquid Elevators from Panama in 2022:
- Angola (951.0 units)
- Venezuela (698.0 units)
- Chile (212.0 units)
- Cuba (107.0 units)
- Honduras (25.0 units)
- Dominican Republic (18.0 units)
- Colombia (1.0 units)
- Nicaragua (1.0 units)
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