Panama - Mowers for Lawns, Parks, Golf Courses or Sports Grounds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLawn Mower Price in Panama - 2022
Contents:
- Lawn Mower Price in Panama (CIF) - 2022
- Lawn Mower Price in Panama (FOB) - 2022
- Lawn Mower Imports in Panama
- Lawn Mower Exports in Panama
Lawn Mower Price in Panama (CIF) - 2022
In 2022, the average lawn mower import price amounted to $385 per unit, surging by 5.6% against the previous year. In general, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 15%. The import price peaked at $493 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($419 per unit), while the price for China ($365 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+2.1%), while the prices for the other major suppliers experienced a decline.
Lawn Mower Price in Panama (FOB) - 2022
The average lawn mower export price stood at $442 per unit in 2022, reducing by -8.5% against the previous year. Over the period under review, the export price, however, showed a moderate increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 150% against the previous year. The export price peaked at $541 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($705 per unit), while the average price for exports to Guyana ($38 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 Nicaragua (+94.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn Mower Imports in Panama
Lawn mower imports into Panama declined significantly to 8.4K units in 2022, waning by -41.8% on the previous year's figure. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked at 15K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, lawn mower imports dropped markedly to $3.2M in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports attained the peak of $5.2M, and then plummeted in the following year.
| Import of Lawn Mower in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 1.0 | 0.8 | 1.6 | 1.2 | 6.3% |
| China | 2.4 | 2.0 | 2.3 | 1.0 | -25.3% |
| United States | 1.0 | 0.6 | 1.0 | 0.8 | -7.2% |
| Brazil | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.2 | 0.3 | 0.2 | -30.7% |
| Total | 5.1 | 3.5 | 5.2 | 3.2 | -14.4% |
Top Suppliers of Lawn Mower to Panama in 2022:
- Free Zones (3.3K units)
- China (2.9K units)
- United States (1.8K units)
Lawn Mower Exports in Panama
Lawn mower exports from Panama plummeted to 235 units in 2022, with a decrease of -45.2% against the year before. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 411%. As a result, the exports attained the peak of 429 units, and then declined rapidly in the following year.
In value terms, lawn mower exports declined remarkably to $104K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 830%. As a result, the exports attained the peak of $207K, and then contracted markedly in the following year.
| Export of Lawn Mower in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | 108 | 42.3 | -60.8% |
| Peru | N/A | N/A | 35.5 | 31.8 | -10.4% |
| Belize | 1.3 | N/A | 0.5 | 8.6 | 87.7% |
| Nicaragua | N/A | N/A | N/A | 6.4 | 0% |
| Costa Rica | 13.2 | 5.1 | N/A | 4.1 | -32.3% |
| Ecuador | N/A | 0.5 | 1.8 | 2.8 | 136.6% |
| Chile | N/A | N/A | N/A | 2.7 | 0% |
| Guatemala | 3.4 | 2.8 | 12.9 | 0.1 | -69.1% |
| Dominican Republic | 2.2 | 12.5 | 42.0 | N/A | 336.9% |
| Jamaica | 3.5 | 0.5 | N/A | N/A | -85.7% |
| Others | 4.7 | 0.9 | 6.1 | 5.1 | 2.8% |
| Total | 28.3 | 22.3 | 207 | 104 | 54.3% |
Top Export Markets for Lawn Mower from Panama in 2022:
- Colombia (78.0 units)
- Peru (72.0 units)
- Belize (33.0 units)
- Nicaragua (19.0 units)
- Costa Rica (8.0 units)
- Chile (6.0 units)
- Ecuador (4.0 units)
- Guatemala (1.0 units)
This report provides an in-depth analysis of the lawn mower 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 28304010 - Electric mowers for lawns, parks, golf courses or sports grounds
- Prodcom 28304030 - Mowers for lawns, parks or sports grounds, powered nonelectrically, w ith the cutting device rotating in a horizontal plane
- Prodcom 28304050 - Motor mowers for lawns, parks or sports grounds, powered non-electrically, with the cutting device rotating in a vertical plane or with cutter bars
- Prodcom 28304070 - Non-motorised mowers for lawns, parks, golf courses or sports grounds (such as push cylinder mowers) (excluding with the cutting device rotating in a horizontal plane)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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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