Panama - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEscalator Price in Panama - 2023
Contents:
- Escalator Price in Panama (CIF) - 2022
- Escalator Price in Panama (FOB) - 2022
- Escalator Imports in Panama
- Escalator Exports in Panama
Escalator Price in Panama (CIF) - 2022
The average escalator import price stood at $34,368 per unit in 2022, which is down by -18.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 an increase of 23%. Over the period under review, average import prices reached the maximum at $42,046 per unit in 2021, and then contracted significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($35,847 per unit), while the price for the United States ($23,115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Escalator Price in Panama (FOB) - 2022
The average escalator export price stood at $10,671 per unit in 2022, flattening at the previous year. In general, the export price posted a prominent increase. The growth pace was the most rapid in 2017 an increase of 494% against the previous year. As a result, the export price reached the peak level of $18,202 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($51,472 per unit), while the average price for exports to Belize ($154 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 (+74.0%), while the prices for the other major destinations experienced more modest paces of growth.
Escalator Imports in Panama
In 2022, the amount of escalators and moving WalkWays imported into Panama soared to 24 units, jumping by 33% against 2021. Overall, imports, however, saw a sharp slump. Imports peaked at 94 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, escalator imports expanded notably to $825K in 2022. In general, imports, however, saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. Imports peaked at $3.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Escalator in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,119 | 286 | 470 | 730 | -29.9% |
| Free Zones | N/A | 32.1 | 11.5 | 71.7 | 49.5% |
| United States | 0.7 | N/A | 91.0 | 23.1 | 220.8% |
| Spain | 1,020 | N/A | N/A | N/A | 0% |
| South Korea | 0.7 | 184 | 184 | N/A | 1521.3% |
| Others | 18.1 | N/A | N/A | N/A | 0% |
| Total | 3,158 | 502 | 757 | 825 | -36.1% |
Top Suppliers of Escalator to Panama in 2022:
- China (21.0 units)
- Free Zones (2.0 units)
- United States (1.0 units)
Escalator Exports in Panama
In 2022, shipments abroad of escalators and moving WalkWays decreased by 0% to 16 units, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 29 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, escalator exports amounted to $171K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 267% against the previous year. As a result, the exports attained the peak of $341K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Escalator in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 0.1 | 195 | N/A | 103 | 909.9% |
| Colombia | 11.2 | 8.0 | N/A | 5.9 | -19.2% |
| Dominican Republic | 12.0 | 3.0 | N/A | 3.5 | -33.7% |
| Chile | 0.2 | 6.5 | N/A | 3.4 | 157.1% |
| Aruba | 1.2 | 6.1 | N/A | 3.2 | 38.7% |
| Barbados | 9.7 | 1.3 | N/A | 2.6 | -35.5% |
| Honduras | 0.4 | 4.4 | N/A | 2.3 | 79.2% |
| Guyana | 0.2 | 1.6 | N/A | 0.8 | 58.7% |
| Jamaica | 0.8 | 0.9 | N/A | 0.5 | -14.5% |
| Suriname | 1.2 | 1.0 | N/A | 0.5 | -25.3% |
| Saint Kitts and Nevis | 0.2 | 0.4 | N/A | 0.3 | 14.5% |
| Belize | 0.4 | 0.2 | N/A | 0.2 | -20.6% |
| Paraguay | 0.4 | 0.2 | N/A | 0.2 | -20.6% |
| Others | 55.2 | 113 | N/A | 44.2 | -7.1% |
| Total | 93.2 | 341 | N/A | 171 | 22.4% |
Top Export Markets for Escalator from Panama in 2022:
- Cuba (2.0 units)
- Jamaica (1.0 units)
- Honduras (1.0 units)
- Chile (1.0 units)
- Guyana (1.0 units)
- Saint Kitts and Nevis (1.0 units)
- Aruba (1.0 units)
- Suriname (1.0 units)
- Paraguay (1.0 units)
- Colombia (1.0 units)
- Belize (1.0 units)
- Dominican Republic (1.0 units)
- Barbados (1.0 units)
This report provides an in-depth analysis of the escalator 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 28221670 - Escalators and moving walkways
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- 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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