Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Panama - 2022
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Panama (CIF) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Panama
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Panama (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $14 per unit in 2022, surging by 7.6% against the previous year. Overall, the import price enjoyed a modest increase. The most prominent rate of growth was recorded in 2019 an increase of 383% against the previous year. As a result, import price reached the peak level of $75 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +1.3% per year.
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Panama
In 2022, approx. 825 units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were imported into Panama; rising by 63% compared with the year before. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 223%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $12K in 2022. Overall, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.3 | 5.5 | 5.5 | 11.8 | 108.6% |
| Free Zones | 0.1 | 0.9 | 0.8 | N/A | 182.8% |
| China | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Costa Rica | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Others | 8.7 | N/A | N/A | N/A | 0% |
| Total | 10.4 | 6.8 | 6.7 | 11.8 | 4.3% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Panama in 2022:
- United States (825.0 units)
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