Calculating Machines; Non-Electronic Price in Panama - 2023
Contents:
- Calculating Machines; Non-Electronic Price in Panama (FOB) - 2022
- Calculating Machines; Non-Electronic Price in Panama (CIF) - 2022
- Calculating Machines; Non-Electronic Exports in Panama
- Calculating Machines; Non-Electronic Imports in Panama
Calculating Machines; Non-Electronic Price in Panama (FOB) - 2022
The average calculating machines; non-electronic export price stood at $15 per unit in 2022, surging by 7.6% against the previous year. In general, the export price enjoyed perceptible growth. The pace of growth appeared the most rapid in 2015 an increase of 69% against the previous year. Over the period under review, the average export prices reached the peak figure at $52 per unit in 2017; however, from 2018 to 2022, the export prices remained at a 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 Chile ($41 per unit), while the average price for exports to Guyana ($1.7 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 Chile (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Calculating Machines; Non-Electronic Price in Panama (CIF) - 2022
The average calculating machines; non-electronic import price stood at $20 per unit in 2022, which is down by -4.7% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2020 an increase of 3.6%. The import price peaked at $33 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Free Zones ($22 per unit) and Mexico ($21 per unit), while the price for the United States ($20 per unit) and South Korea ($20 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.3%), while the prices for the other major suppliers experienced a decline.
Calculating Machines; Non-Electronic Exports in Panama
In 2022, the amount of calculating machines; non-electronics exported from Panama shrank sharply to 683 units, which is down by -48.8% on the year before. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 291% against the previous year. As a result, the exports attained the peak of 1.3K units, and then declined rapidly in the following year.
In value terms, calculating machines; non-electronic exports shrank markedly to $11K in 2022. Over the period under review, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. The exports peaked at $24K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Calculating Machines; Non-Electronic in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 4,126 | 1,592 | 6,080 | 3,982 | -1.2% |
| Chile | 4,522 | 1,618 | 6,374 | 1,874 | -25.4% |
| Aruba | 1,712 | 581 | 1,500 | 965 | -17.4% |
| Grenada | 361 | 177 | 529 | 878 | 34.5% |
| Suriname | 124 | 68.0 | 375 | 607 | 69.8% |
| Cuba | 1,694 | 436 | 1,109 | 484 | -34.1% |
| Colombia | 569 | 151 | 451 | 231 | -26.0% |
| Dominican Republic | 239 | 84.0 | 295 | 177 | -9.5% |
| Saint Vincent and the Grenadines | 167 | 78.0 | 266 | 156 | -2.2% |
| Nicaragua | 357 | 105 | 308 | 154 | -24.4% |
| Antigua and Barbuda | 82.0 | 44.0 | 277 | 93.0 | 4.3% |
| Uruguay | 444 | 53.0 | 165 | 89.0 | -41.5% |
| Guyana | 36.0 | 76.0 | 43.0 | 80.0 | 30.5% |
| Others | 10,016 | 2,271 | 1,373 | 773 | -57.4% |
| Total | 24,449 | 7,334 | 19,145 | 10,543 | -24.5% |
Top Export Markets for Calculating Machines; Non-Electronic from Panama in 2022:
- El Salvador (281.0 units)
- Aruba (68.0 units)
- Chile (46.0 units)
- Guyana (46.0 units)
- Grenada (39.0 units)
- Cuba (34.0 units)
- Suriname (28.0 units)
- Antigua and Barbuda (19.0 units)
- Colombia (16.0 units)
- Uruguay (15.0 units)
- Dominican Republic (13.0 units)
- Saint Vincent and the Grenadines (11.0 units)
- Nicaragua (11.0 units)
Calculating Machines; Non-Electronic Imports in Panama
In 2022, the amount of calculating machines; non-electronics imported into Panama declined remarkably to 335 units, shrinking by -28.4% against the previous year. Over the period under review, imports faced a sharp reduction. The smallest decline of -1.8% was in 2020. Over the period under review, imports reached the peak figure at 1.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, calculating machines; non-electronic imports fell sharply to $6.8K in 2022. Overall, imports faced a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 1.8% against the previous year. As a result, imports attained the peak of $34K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Calculating Machines; Non-Electronic in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.8 | 26.3 | 3.9 | 2.2 | -54.1% |
| Canada | 0.3 | 0.2 | 1.9 | 1.5 | 71.0% |
| Taiwan (Chinese) | 3.5 | 2.0 | 1.2 | 1.1 | -32.0% |
| South Korea | 1.7 | 1.9 | 1.1 | 0.8 | -22.2% |
| Colombia | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| Mexico | 0.9 | 0.6 | 0.1 | 0.3 | -30.7% |
| Hong Kong SAR | 0.9 | 0.8 | 0.4 | 0.2 | -39.4% |
| United States | 2.1 | 1.4 | 0.9 | 0.1 | -63.8% |
| Others | 0.9 | 0.7 | 0.3 | 0.2 | -39.4% |
| Total | 33.2 | 33.8 | 10.0 | 6.8 | -41.1% |
Top Suppliers of Calculating Machines; Non-Electronic to Panama in 2022:
- China (107.0 units)
- Canada (74.0 units)
- Taiwan (Chinese) (52.0 units)
- South Korea (41.0 units)
- Colombia (22.0 units)
- Mexico (13.0 units)
- Hong Kong SAR (11.0 units)
- United States (6.0 units)
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