Panama - Intake Air Filters For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIntake Air Filter Price in Panama - 2023
Contents:
- Intake Air Filter Price in Panama (CIF) - 2022
- Intake Air Filter Price in Panama (FOB) - 2022
- Intake Air Filter Imports in Panama
- Intake Air Filter Exports in Panama
Intake Air Filter Price in Panama (CIF) - 2022
The average intake air filter import price stood at $17 per unit in 2022, increasing by 1.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 14%. Over the period under review, average import prices reached the maximum at $19 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Finland ($17 per unit) and Mexico ($17 per unit), while the price for Free Zones ($17 per unit) and China ($17 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 (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Intake Air Filter Price in Panama (FOB) - 2022
The average intake air filter export price stood at $18 per unit in 2022, remaining stable against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 88% against the previous year. Over the period under review, the average export prices attained the peak figure at $26 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cuba ($23 per unit) and Chile ($23 per unit), while the average price for exports to Venezuela ($16 per unit) and Colombia ($16 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Intake Air Filter Imports in Panama
In 2022, imports of intake air filters for internal combustion engines into Panama surged to 512K units, picking up by 28% against the year before. Overall, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, intake air filter imports soared to $8.7M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Intake Air Filter in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,034 | 1,233 | 1,996 | 4,308 | 28.4% |
| Free Zones | 791 | 538 | 1,089 | 1,210 | 15.2% |
| China | 1,631 | 1,158 | 1,081 | 1,037 | -14.0% |
| Mexico | 568 | 266 | 575 | 465 | -6.5% |
| South Korea | 389 | 210 | 223 | 278 | -10.6% |
| Germany | 402 | 193 | 267 | 257 | -13.9% |
| Japan | 241 | 96.0 | 160 | 204 | -5.4% |
| Finland | N/A | 364 | 364 | 0.3 | -97.1% |
| Others | 922 | 686 | 909 | 929 | 0.3% |
| Total | 6,979 | 4,745 | 6,664 | 8,687 | 7.6% |
Top Suppliers of Intake Air Filter to Panama in 2022:
- Finland (undefinedK units)
- United States (253.7K units)
- Free Zones (71.3K units)
- China (61.1K units)
- Mexico (27.4K units)
- South Korea (16.4K units)
- Germany (15.1K units)
- Japan (12.0K units)
Intake Air Filter Exports in Panama
For the third year in a row, Panama recorded decline in shipments abroad of intake air filters for internal combustion engines, which decreased by 0% to 12K units in 2022. Overall, exports faced a sharp downturn. The smallest decline of -15.5% was in 2020. Over the period under review, the exports attained the maximum at 28K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, intake air filter exports totaled $214K in 2022. In general, exports faced a significant decline. The smallest decline of -40% was in 2020. Over the period under review, the exports attained the peak figure at $712K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Intake Air Filter in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 84.7 | 104 | N/A | 35.2 | -25.4% |
| Cuba | 186 | 1.2 | N/A | 27.5 | -47.1% |
| Honduras | 32.1 | 23.4 | N/A | 12.8 | -26.4% |
| Colombia | 6.7 | 29.8 | N/A | 10.1 | 14.7% |
| Dominican Republic | 31.4 | 16.4 | N/A | 9.6 | -32.6% |
| Nicaragua | 30.5 | 19.5 | N/A | 7.9 | -36.3% |
| El Salvador | 14.8 | 11.7 | N/A | 5.6 | -27.7% |
| Jamaica | 17.6 | 4.6 | N/A | 4.8 | -35.2% |
| Costa Rica | 5.9 | 12.7 | N/A | 4.7 | -7.3% |
| Chile | 24.7 | 0.7 | N/A | 3.8 | -46.4% |
| Trinidad and Tobago | 9.3 | 3.7 | N/A | 3.5 | -27.8% |
| Aruba | 0.9 | 7.6 | N/A | 2.6 | 42.4% |
| United States | 6.8 | 1.7 | N/A | 2.3 | -30.3% |
| Others | 261 | 190 | N/A | 83.2 | -31.7% |
| Total | 712 | 427 | N/A | 214 | -33.0% |
Top Export Markets for Intake Air Filter from Panama in 2022:
- Venezuela (2147.0 units)
- Cuba (1198.0 units)
- Honduras (715.0 units)
- Colombia (614.0 units)
- Dominican Republic (521.0 units)
- Nicaragua (407.0 units)
- El Salvador (312.0 units)
- Costa Rica (274.0 units)
- Jamaica (257.0 units)
- Trinidad and Tobago (195.0 units)
- Chile (167.0 units)
- Aruba (156.0 units)
- United States (128.0 units)
This report provides an in-depth analysis of the intake air filter 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 28291350 - Intake air filters for internal combustion engines
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.
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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
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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
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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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