Panama - Hand Or Foot-Operated Air Pumps - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Hand Or Foot-Operated Air Pumps - Market Analysis, Forecast, Size, Trends And Insights

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Hand-Operated Air Pump Price in Panama - 2023

Contents:

  1. Hand-Operated Air Pump Price in Panama (CIF) - 2022
  2. Hand-Operated Air Pump Price in Panama (FOB) - 2022
  3. Hand-Operated Air Pump Imports in Panama
  4. Hand-Operated Air Pump Exports in Panama

Hand-Operated Air Pump Price in Panama (CIF) - 2022

In 2022, the average hand-operated air pump import price amounted to $6 per unit, with an increase of 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2021 an increase of 16%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($6 per unit) and the United States ($6 per unit), while the price for Hong Kong SAR ($5.9 per unit) and Free Zones ($6 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand-Operated Air Pump Price in Panama (FOB) - 2022

In 2022, the average hand-operated air pump export price amounted to $8.2 per unit, leveling off at the previous year. Overall, the export price saw a pronounced setback. The pace of growth was the most pronounced in 2017 an increase of 26%. As a result, the export price reached the peak level of $16 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($7.7 per unit), while the average price for exports to Belize ($3.1 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 Guatemala (+9.8%), while the prices for the other major destinations experienced a decline.

Hand-Operated Air Pump Imports in Panama

In 2022, supplies from abroad of hand or foot-operated air pumps was finally on the rise to reach 131K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports attained the maximum at 174K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hand-operated air pump imports soared to $786K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $796K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Hand-Operated Air Pump in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4334102334340.1%
Free Zones11198.220420422.5%
United States14676.573.2116-7.4%
India25.443.140.9N/A26.9%
Others80.986.583.532.5-26.2%
Total796715634786-0.4%

Top Suppliers of Hand-Operated Air Pump to Panama in 2022:

  1. China (72.2K units)
  2. Free Zones (33.9K units)
  3. United States (19.3K units)

Hand-Operated Air Pump Exports in Panama

For the third consecutive year, Panama recorded decline in overseas shipments of hand or foot-operated air pumps, which decreased by 0% to 46K units in 2022. Over the period under review, exports saw a abrupt decrease. The smallest decline of -2.6% was in 2020. Over the period under review, the exports attained the maximum at 84K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand-operated air pump exports amounted to $382K in 2022. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 11%. As a result, the exports attained the peak of $765K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Hand-Operated Air Pump in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia72.8126N/A85.95.7%
Venezuela55.4108N/A73.49.8%
Honduras55.430.1N/A19.3-29.6%
Guatemala35.518.4N/A15.0-25.0%
United States12.818.9N/A12.80.0%
Ecuador5.49.3N/A10.725.6%
British Indian Ocean Territory3.513.4N/A9.137.5%
Jamaica19.619.2N/A7.0-29.1%
Cuba18.60.5N/A6.9-28.1%
Guyana20.043.9N/A6.6-30.9%
Belize8.86.1N/A6.4-10.1%
Haiti14.12.3N/A5.1-28.8%
Bahamas5.37.1N/A4.8-3.2%
Others360362N/A120-30.7%
Total687765N/A382-17.8%

Top Export Markets for Hand-Operated Air Pump from Panama in 2022:

  1. Colombia (13.4K units)
  2. Venezuela (11.4K units)
  3. Honduras (3.0K units)
  4. Belize (2.1K units)
  5. Guyana (2.0K units)
  6. United States (2.0K units)
  7. Guatemala (2.0K units)
  8. Ecuador (1.5K units)
  9. British Indian Ocean Territory (1.4K units)
  10. Jamaica (1.1K units)
  11. Cuba (1.1K units)
  12. Haiti (0.8K units)
  13. Bahamas (0.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand-operated air pump 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 28132200 - Hand or foot-operated air pumps

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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