Lamps; Arc-Lamps Price in Panama - 2022

Lamps; Arc-Lamps Price in Panama (CIF) - 2022

The average lamps; arc-lamps import price stood at $58 per unit in 2022, falling by -15.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 191% against the previous year. As a result, import price reached the peak level of $68 per unit, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($66 per unit), while the price for the Czech Republic ($37 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.5%), while the prices for the other major suppliers experienced a decline.

Lamps; Arc-Lamps Imports in Panama

In 2022, purchases abroad of lamps; arc-lampses was finally on the rise to reach 490 units after two years of decline. In general, imports, however, faced a sharp curtailment. Over the period under review, imports hit record highs at 1.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, lamps; arc-lamps imports soared to $28K in 2022. Over the period under review, imports, however, recorded a significant decline. Over the period under review, imports attained the peak figure at $61K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Lamps; Arc-Lamps in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	6.4	0.1	1.6	16.7	37.7%
United States	5.6	N/A	0.4	6.4	4.6%
Czech Republic	0.4	N/A	0.1	4.2	119.0%
Mexico	1.3	N/A	0.1	0.7	-18.6%
Poland	7.0	N/A	0.4	0.2	-69.4%
Hong Kong SAR	4.7	0.1	1.5	N/A	-43.5%
Japan	6.6	0.2	1.8	N/A	-47.8%
China	15.5	6.8	N/A	N/A	-56.1%
Others	13.6	0.2	2.5	N/A	-57.1%
Total	61.1	7.6	8.4	28.2	-22.7%