Panama - Motor Vehicles For Travelling On Snow Or Golf Cars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Snow or Golf Motor Vehicle in Panama - 2023
Contents:
- Price for Snow or Golf Motor Vehicle in Panama (CIF) - 2022
- Price for Snow or Golf Motor Vehicle in Panama (FOB) - 2022
- Imports of Snow or Golf Motor Vehicle in Panama
- Exports of Snow or Golf Motor Vehicle in Panama
Price for Snow or Golf Motor Vehicle in Panama (CIF) - 2022
In 2022, the average import price for motor vehicles for travelling on snow or golf cars amounted to $5,335 per unit, increasing by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2013 an increase of 42%. As a result, import price reached the peak level of $6,526 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($5,657 per unit), while the price for the United States amounted to $5,325 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Snow or Golf Motor Vehicle in Panama (FOB) - 2022
In 2022, the average export price for motor vehicles for travelling on snow or golf cars amounted to $3,220 per unit, standing approx. at the previous year. Over the period under review, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when the average export price increased by 122% against the previous year. The export price peaked at $6,921 per unit in 2015; however, from 2016 to 2022, 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 Venezuela ($12,675 per unit), while the average price for exports to the Dominican Republic ($76 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 Venezuela (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Snow or Golf Motor Vehicle in Panama
In 2022, supplies from abroad of motor vehicles for travelling on snow or golf cars decreased by -76.8% to 63 units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of 271 units, and then declined notably in the following year.
In value terms, snow or golf motor vehicle imports dropped markedly to $336K in 2022. Overall, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of $1.2M, and then reduced rapidly in the following year.
Import of Snow or Golf Motor Vehicle in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 404 | 374 | 577 | 325 | -7.0% |
Netherlands | N/A | N/A | N/A | 11.3 | 0% |
Free Zones | 17.5 | 37.0 | 111 | N/A | 151.9% |
China | 12.8 | 40.0 | 30.6 | N/A | 54.6% |
Mexico | 42.5 | 102 | 108 | N/A | 59.4% |
Taiwan (Chinese) | 257 | 273 | 317 | N/A | 11.1% |
Israel | N/A | 97.9 | N/A | N/A | 0% |
Canada | 31.1 | 16.3 | 9.4 | N/A | -45.0% |
Others | 22.8 | 26.0 | 34.6 | N/A | 23.2% |
Total | 788 | 967 | 1,188 | 336 | -24.7% |
Top Suppliers of Snow or Golf Motor Vehicle to Panama in 2022:
- United States (61.0 units)
- Netherlands (2.0 units)
Exports of Snow or Golf Motor Vehicle in Panama
In 2022, shipments abroad of motor vehicles for travelling on snow or golf cars decreased by 0% to 13 units, falling for the second consecutive year after two years of growth. In general, exports posted a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 36%. As a result, the exports reached the peak of 15 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, snow or golf motor vehicle exports totaled $42K in 2022. Overall, exports saw a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 203%. As a result, the exports reached the peak of $84K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Snow or Golf Motor Vehicle in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 18.8 | 0% |
Venezuela | 21.3 | 47.4 | N/A | 12.7 | -15.8% |
El Salvador | N/A | N/A | N/A | 2.2 | 0% |
Trinidad and Tobago | 0.3 | 1.3 | N/A | 0.8 | 38.7% |
Chile | 0.6 | 1.5 | N/A | 0.8 | 10.1% |
Colombia | 1.0 | 2.3 | N/A | 0.7 | -11.2% |
Cuba | 0.6 | 0.2 | N/A | 0.3 | -20.6% |
Costa Rica | 0.7 | 1.4 | N/A | 0.3 | -24.6% |
Aruba | 0.3 | 0.6 | N/A | 0.2 | -12.6% |
Dominican Republic | 0.3 | 0.5 | N/A | 0.1 | -30.7% |
Ecuador | N/A | 4.7 | N/A | N/A | 0% |
Barbados | 0.4 | N/A | N/A | N/A | 0% |
Others | 2.4 | 23.8 | N/A | 5.1 | 28.6% |
Total | 27.7 | 83.7 | N/A | 41.9 | 14.8% |
Top Export Markets for Snow or Golf Motor Vehicle from Panama in 2022:
- United Kingdom (4.0 units)
- Colombia (1.0 units)
- Cuba (1.0 units)
- El Salvador (1.0 units)
- Costa Rica (1.0 units)
- Trinidad and Tobago (1.0 units)
- Aruba (1.0 units)
- Chile (1.0 units)
- Dominican Republic (1.0 units)
- Venezuela (1.0 units)
This report provides an in-depth analysis of the snow motor vehicle 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 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles
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
This report provides an in-depth analysis of the snow motor vehicle market in Panama.
This report provides an in-depth analysis of the passenger car market in Panama.
This report provides an in-depth analysis of the global snow motor vehicle market.
This report provides an in-depth analysis of the global passenger car market.
This report provides an in-depth analysis of the snow motor vehicle market in Panama.
This report provides an in-depth analysis of the passenger car market in Panama.
This report provides an in-depth analysis of the global snow motor vehicle market.
This report provides an in-depth analysis of the global passenger car market.
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