Panama - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Automatic Sewing Machine in Panama - 2022
Contents:
- Price for Industrial Automatic Sewing Machine in Panama (CIF) - 2022
- Price for Industrial Automatic Sewing Machine in Panama (FOB) - 2022
- Imports of Industrial Automatic Sewing Machine in Panama
- Exports of Industrial Automatic Sewing Machine in Panama
Price for Industrial Automatic Sewing Machine in Panama (CIF) - 2022
The average industrial automatic sewing machine import price stood at $341 per unit in 2022, waning by -65.6% against the previous year. Overall, the import price saw a perceptible setback. The growth pace was the most rapid in 2016 an increase of 254% against the previous year. As a result, import price attained the peak level of $1,668 per unit. From 2017 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 China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.5% per year.
Price for Industrial Automatic Sewing Machine in Panama (FOB) - 2022
The average industrial automatic sewing machine export price stood at $3,977 per unit in 2022, picking up by 21% against the previous year. Over the period under review, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 414%. As a result, the export price attained the peak level of $4,326 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($8,735 per unit), while the average price for exports to Chile ($7 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 Cuba (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Industrial Automatic Sewing Machine in Panama
In 2022, after two years of decline, there was significant growth in supplies from abroad of industrial automatic sewing machines, when their volume increased by 114% to 375 units. Over the period under review, imports, however, recorded a abrupt curtailment. Over the period under review, imports attained the peak figure at 477 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, industrial automatic sewing machine imports fell notably to $128K in 2022. In general, imports, however, saw a deep reduction. The smallest decline of -8.8% was in 2021. Over the period under review, imports attained the maximum at $224K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Industrial Automatic Sewing Machine in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 121 | 62.7 | 43.9 | 125 | 1.1% |
| Others | 103 | 127 | 129 | 2.5 | -71.0% |
| Total | 224 | 190 | 173 | 128 | -17.0% |
Top Suppliers of Industrial Automatic Sewing Machine to Panama in 2022:
- China (373.0 units)
Exports of Industrial Automatic Sewing Machine in Panama
In 2022, overseas shipments of industrial automatic sewing machines decreased by 0% to 25 units, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 27 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, industrial automatic sewing machine exports skyrocketed to $99K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 630% against the previous year. As a result, the exports attained the peak of $117K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Industrial Automatic Sewing Machine in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 2.2 | 19.2 | 26.4 | 32.1 | 144.4% |
| Nicaragua | 1.3 | 7.6 | 9.7 | 11.0 | 103.8% |
| Dominican Republic | 0.3 | 4.4 | 9.0 | 11.0 | 232.2% |
| Colombia | 0.8 | 4.9 | 7.0 | 8.7 | 121.6% |
| Venezuela | 0.7 | 5.2 | 7.1 | 8.6 | 130.7% |
| Trinidad and Tobago | 0.7 | 4.5 | 6.5 | 8.4 | 128.9% |
| Guyana | 0.6 | 3.9 | 5.1 | 5.9 | 114.2% |
| Costa Rica | 0.4 | 2.4 | 3.3 | 4.1 | 117.2% |
| Ecuador | 0.2 | 1.0 | 1.9 | 2.4 | 128.9% |
| Cuba | 0.1 | 0.6 | 0.9 | 1.2 | 128.9% |
| Honduras | 0.2 | 0.8 | 0.9 | 0.9 | 65.1% |
| Chile | N/A | N/A | N/A | N/A | 0% |
| Guatemala | N/A | N/A | N/A | N/A | 0% |
| Others | 8.5 | 62.3 | 4.2 | 5.0 | -16.2% |
| Total | 16.0 | 117 | 82.0 | 99.4 | 83.8% |
Top Export Markets for Industrial Automatic Sewing Machine from Panama in 2022:
- El Salvador (6.0 units)
- Nicaragua (2.0 units)
- Trinidad and Tobago (2.0 units)
- Dominican Republic (2.0 units)
- Venezuela (2.0 units)
- Honduras (1.0 units)
- Colombia (1.0 units)
- Cuba (1.0 units)
- Guyana (1.0 units)
- Costa Rica (1.0 units)
- Guatemala (1.0 units)
- Chile (1.0 units)
- Ecuador (1.0 units)
This report provides an in-depth analysis of the market for industrial automatic sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
899
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1202
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4132
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
3854
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
899
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1202
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4132
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
