Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama - 2022
Contents:
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama (CIF) - 2022
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama (FOB) - 2022
- Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama
- Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama (CIF) - 2022
In 2022, the average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $16 per unit, reducing by -3.1% against the previous year. In general, the import price showed a slight setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 94%. As a result, import price attained the peak level of $34 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($51 per unit), while the price for the United States ($6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama (FOB) - 2022
The average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $35 per unit in 2022, leveling off at the previous year. Over the period under review, the export price recorded a modest increase. The growth pace was the most rapid in 2017 an increase of 24%. Over the period under review, the average export prices reached the peak figure at $38 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
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 the Dominican Republic ($34 per unit), while the average price for exports to Ecuador ($18 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 the Dominican Republic (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama
In 2022, the amount of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s imported into Panama reduced to 24K units, falling by -5.4% against the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 94% against the previous year. As a result, imports attained the peak of 26K units, and then fell in the following year.
In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s fell to $394K in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of $452K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.6 | 98.5 | 44.9 | 146 | 15.2% |
| United States | 145 | 106 | 237 | 113 | -8.0% |
| Germany | 9.9 | 23.6 | 10.1 | 27.3 | 40.2% |
| Israel | 7.4 | 1.2 | 1.2 | 26.5 | 53.0% |
| Spain | 1.9 | 1.0 | 2.5 | 23.4 | 130.9% |
| Others | 81.9 | 222 | 133 | 57.1 | -11.3% |
| Total | 341 | 452 | 429 | 394 | 4.9% |
Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Panama in 2022:
- United States (18.8K units)
- China (2.9K units)
- Israel (0.5K units)
- Germany (0.5K units)
- Spain (0.5K units)
Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama
In 2022, overseas shipments of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s decreased by 0% to 700 units, falling for the second year in a row after two years of growth. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 876% against the previous year. As a result, the exports attained the peak of 1.5K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $24K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 896% against the previous year. As a result, the exports attained the peak of $49K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 12.9 | N/A | 6.6 | 87.6% |
| Guatemala | 0.8 | 5.3 | N/A | 3.9 | 69.6% |
| Aruba | 0.6 | 4.8 | N/A | 3.5 | 80.0% |
| Dominican Republic | 0.7 | 3.4 | N/A | 1.8 | 37.0% |
| Jamaica | 0.5 | 0.2 | N/A | 1.4 | 40.9% |
| Barbados | 0.1 | 14.1 | N/A | 1.4 | 141.0% |
| Venezuela | 0.2 | 0.6 | N/A | 0.7 | 51.8% |
| Others | 1.0 | 7.3 | N/A | 4.9 | 69.8% |
| Total | 4.9 | 48.6 | N/A | 24.3 | 70.5% |
Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Panama in 2022:
- United States (196.0 units)
- Guatemala (114.0 units)
- Aruba (104.0 units)
- Barbados (76.0 units)
- Dominican Republic (52.0 units)
- Jamaica (43.0 units)
- Venezuela (22.0 units)
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