Panama - Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Panama - Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors - Market Analysis, Forecast, Size, Trends and Insights

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Food Mixer Price in Panama - 2023

Contents:

  1. Food Mixer Price in Panama (CIF) - 2022
  2. Food Mixer Price in Panama (FOB) - 2022
  3. Food Mixer Imports in Panama
  4. Food Mixer Exports in Panama

Food Mixer Price in Panama (CIF) - 2022

The average food mixer import price stood at $37 per unit in 2022, growing by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($32 per unit) and the United States ($32 per unit), while the price for Spain ($32 per unit) and Free Zones ($32 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Food Mixer Price in Panama (FOB) - 2022

In 2022, the average food mixer export price amounted to $36 per unit, with an increase of 55% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, food mixer export price increased by +84.9% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($60 per unit), while the average price for exports to Guyana ($3.5 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 Venezuela (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Food Mixer Imports in Panama

For the third consecutive year, Panama recorded decline in supplies from abroad of domestic food grinders and mixers and fruit or vegetable juice extractors, which decreased by -39.9% to 181K units in 2022. Overall, imports saw a significant contraction. The smallest decline of -5.4% was in 2020. Over the period under review, imports hit record highs at 492K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, food mixer imports reduced sharply to $6.6M in 2022. Over the period under review, imports showed a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Food Mixer in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones2.53.84.53.17.4%
China6.87.54.72.2-31.4%
United States3.22.71.20.8-37.0%
Mexico0.10.20.20.344.2%
Spain0.1N/A0.10.10.0%
Others0.30.30.10.1-30.7%
Total13.114.410.76.6-20.4%

Top Suppliers of Food Mixer to Panama in 2022:

  1. Free Zones (94.8K units)
  2. China (66.5K units)
  3. United States (25.0K units)
  4. Mexico (10.5K units)
  5. Spain (3.8K units)

Food Mixer Exports in Panama

In 2022, after three years of growth, there was significant decline in overseas shipments of domestic food grinders and mixers and fruit or vegetable juice extractors, when their volume decreased by -25.1% to 17K units. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 119% against the previous year. As a result, the exports attained the peak of 23K units, and then fell dramatically in the following year.

In value terms, food mixer exports skyrocketed to $624K in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Food Mixer in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A4,6490%
Guyana6144842036964.3%
Barbados23.8422231366148.7%
Chile10.7485326278196.2%
Belize17690.772.826314.3%
Suriname443174258198-23.5%
Guatemala3,0411,7624,18163.9-72.4%
Aruba528605566N/A3.5%
Costa Rica8991,544405N/A-32.9%
Others-5,532.3-5,317.8-5,705.4-5,890.12.1%
Total20425053862445.2%

Top Export Markets for Food Mixer from Panama in 2022:

  1. Guyana (197.5K units)
  2. United States (77.2K units)
  3. Chile (20.1K units)
  4. Barbados (10.8K units)
  5. Suriname (7.0K units)
  6. Belize (6.9K units)
  7. Guatemala (1.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the food mixer 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 27512170 - Domestic food grinders, mixers and fruit or vegetable juice extractors, with a self-contained electric motor

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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In 2016, the amount of food mixer imported worldwide stood at X tons, remaining constant against the previous year figure. The total import volume increased at an average annual rate of +X% fro...

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Discover the leading countries in the global import market for food mixers and the key statistics behind their import values.

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In 2016, the amount of food mixer imported worldwide stood at X tons, remaining constant against the previous year figure. The total import volume increased at an average annual rate of +X% fro...

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In 2016, the amount of food mixer imported worldwide stood at X tons, remaining constant against the previous year figure. The total import volume increased at an average annual rate of +X% fro...

Free Data: Domestic Food Grinders, Mixers and Juice Extractors - Panama