Report Update: May 1, 2024

Panama - Machines For Electric Or Electronic Lamps, Tubes, Valves Or Flashbulbs - Market Analysis, Forecast, Size, Trends And Insights

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Electronic Lamp Machine Price in Panama - 2022

Electronic Lamp Machine Price in Panama (CIF) - 2022

In 2022, the average electronic lamp machine import price amounted to $2,981 per unit, reducing by -5.1% against the previous year. In general, the import price continues to indicate a pronounced setback. The growth pace was the most rapid in 2017 when the average import price increased by 754% against the previous year. The import price peaked at $24,202 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,560 per unit), while the price for South Korea ($599 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+116.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Electronic Lamp Machine Price in Panama (FOB) - 2022

In 2022, the average electronic lamp machine export price amounted to $2,041 per unit, remaining stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 92%. The export price peaked at $4,140 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,263 per unit), while the average price for exports to the Dominican Republic totaled $900 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Lamp Machine Imports in Panama

In 2022, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs imported into Panama declined dramatically to 19 units, which is down by -44.1% on the previous year. Overall, imports, however, saw a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,033%. As a result, imports attained the peak of 34 units, and then dropped rapidly in the following year.

In value terms, electronic lamp machine imports contracted markedly to $57K in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,554% against the previous year. As a result, imports attained the peak of $107K, and then dropped significantly in the following year.

Import of Electronic Lamp Machine in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	14.5	5.4	10.5	37.7	37.5%
China	9.9	0.6	9.8	17.8	21.6%
South Korea	0.3	0.1	0.6	1.2	58.7%
Free Zones	3.2	N/A	85.8	N/A	417.8%
Italy	0.8	N/A	N/A	N/A	0%
Others	N/A	0.4	N/A	N/A	0%
Total	28.8	6.5	107	56.6	25.3%

Top Suppliers of Electronic Lamp Machine to Panama in 2022:

United States (3.0 units)
South Korea (2.0 units)
China (2.0 units)

Electronic Lamp Machine Exports in Panama

In 2022, exports of machines for electric or electronic lamps, tubes, valves or flashbulbs from Panama amounted to 4 units, approximately mirroring the year before. Overall, exports continue to indicate a significant decline. The smallest decline of -50% was in 2020. The exports peaked at 16 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, electronic lamp machine exports stood at $8.2K in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -4.1% was in 2020. Over the period under review, the exports reached the peak figure at $17K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electronic Lamp Machine in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	10.3	12.1	N/A	7.3	-10.8%
Dominican Republic	2.2	2.1	N/A	0.9	-25.8%
Venezuela	N/A	0.7	N/A	N/A	0%
Guyana	2.8	N/A	N/A	N/A	0%
Jamaica	N/A	1.5	N/A	N/A	0%
Others	1.8	N/A	N/A	N/A	0%
Total	17.0	16.3	N/A	8.2	-21.6%

Top Export Markets for Electronic Lamp Machine from Panama in 2022:

United States (1.0 units)
Dominican Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electronic lamp machine 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 28993920 - Machines for assembling electric or electronic lamps, tubes, v alves or flashbulbs, in glass envelopes

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023