Report Update: May 1, 2024

Panama - Pumps For Dispensing Liquids - Market Analysis, Forecast, Size, Trends And Insights

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Liquid Dispensing Pump Price in Panama - 2022

Liquid Dispensing Pump Price in Panama (CIF) - 2022

In 2022, the average liquid dispensing pump import price amounted to $442 per unit, which is down by -16.3% against the previous year. In general, the import price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2021 an increase of 102%. Over the period under review, average import prices attained the peak figure at $628 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Free Zones ($624 per unit), while the price for China ($117 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquid Dispensing Pump Price in Panama (FOB) - 2022

In 2022, the average liquid dispensing pump export price amounted to $406 per unit, standing approx. at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 81% against the previous year. As a result, the export price attained the peak level of $537 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($405 per unit), while the average price for exports to Guyana ($110 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 (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports in Panama

In 2022, supplies from abroad of pumps for dispensing liquids decreased by -9.5% to 2.4K units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 75% against the previous year. As a result, imports reached the peak of 6.8K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, liquid dispensing pump imports dropped markedly to $1.1M in 2022. Overall, imports recorded a slight reduction. The pace of growth was the most pronounced in 2020 when imports increased by 59% against the previous year. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Liquid Dispensing Pump in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	198	350	361	645	48.2%
Free Zones	42.1	78.1	44.6	157	55.1%
Australia	4.5	17.3	18.6	74.8	155.2%
China	43.0	208	5.5	38.9	-3.3%
Spain	13.7	2.1	0.6	29.0	28.4%
France	1.1	0.3	2.2	25.5	185.1%
Czech Republic	0.3	0.4	0.5	14.2	261.7%
Venezuela	674	950	905	N/A	15.9%
Others	138	166	83.0	90.8	-13.0%
Total	1,115	1,772	1,421	1,076	-1.2%

Top Suppliers of Liquid Dispensing Pump to Panama in 2022:

United States (1317.0 units)
China (333.0 units)
Free Zones (252.0 units)
Australia (241.0 units)
France (55.0 units)
Czech Republic (54.0 units)
Spain (51.0 units)

Liquid Dispensing Pump Exports in Panama

In 2022, overseas shipments of pumps for dispensing liquids decreased by 0% to 257 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports reached the peak of 533 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, liquid dispensing pump exports amounted to $104K in 2022. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports reached the peak of $209K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Liquid Dispensing Pump in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Guatemala	1.7	1.9	N/A	24.7	144.0%
Spain	28.1	35.2	N/A	16.4	-16.4%
Cuba	57.2	29.4	N/A	14.2	-37.2%
Venezuela	10.0	15.9	N/A	7.3	-10.0%
Colombia	10.3	18.6	N/A	6.1	-16.0%
United States	1.8	15.9	N/A	5.2	42.4%
Suriname	0.5	15.2	N/A	5.0	115.4%
Dominican Republic	12.8	4.1	N/A	2.1	-45.3%
Peru	6.7	6.1	N/A	1.5	-39.3%
Nicaragua	4.9	5.8	N/A	1.2	-37.4%
Costa Rica	4.1	2.8	N/A	0.1	-71.0%
Others	42.9	57.6	N/A	20.7	-21.6%
Total	181	209	N/A	104	-16.9%

Top Export Markets for Liquid Dispensing Pump from Panama in 2022:

Guatemala (63.0 units)
Spain (42.0 units)
Cuba (36.0 units)
Venezuela (18.0 units)
Colombia (15.0 units)
Suriname (13.0 units)
United States (13.0 units)
Dominican Republic (12.0 units)
Peru (4.0 units)
Nicaragua (3.0 units)
Costa Rica (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the liquid dispensing 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 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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