Multiple Loudspeakers Price in Panama - 2022
Contents:
- Multiple Loudspeakers Price in Panama (CIF) - 2022
- Multiple Loudspeakers Price in Panama (FOB) - 2022
- Multiple Loudspeakers Imports in Panama
- Multiple Loudspeakers Exports in Panama
Multiple Loudspeakers Price in Panama (CIF) - 2022
In 2022, the average multiple loudspeakers import price amounted to $232 per unit, surging by 80% against the previous year. In general, the import price saw buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($499 per unit), while the price for Hong Kong SAR ($92 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Multiple Loudspeakers Price in Panama (FOB) - 2022
The average multiple loudspeakers export price stood at $153 per unit in 2022, rising by 21% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $351 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($359 per unit), while the average price for exports to Guatemala ($47 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 Ecuador (+0.5%), while the prices for the other major destinations experienced a decline.
Multiple Loudspeakers Imports in Panama
For the third consecutive year, Panama recorded decline in supplies from abroad of multiple loudspeakers (in enclosure), which decreased by -40% to 19K units in 2022. Over the period under review, imports faced a sharp shrinkage. The smallest decline of -5.1% was in 2020. Imports peaked at 106K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, multiple loudspeakers imports expanded remarkably to $4.3M in 2022. In general, imports showed a precipitous setback. Over the period under review, imports attained the maximum at $16M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Multiple Loudspeakers in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 2.4 | 1.7 | 0.8 | 1.9 | -7.5% |
| United States | 1.2 | 0.9 | 0.3 | 1.5 | 7.7% |
| China | 8.6 | 7.7 | 2.1 | 0.7 | -56.7% |
| Italy | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Hong Kong SAR | 1.0 | 0.3 | 0.3 | N/A | -45.2% |
| Malaysia | 1.6 | 0.2 | 0.1 | N/A | -75.0% |
| Others | 0.9 | 1.9 | 0.4 | 0.1 | -51.9% |
| Total | 15.9 | 12.8 | 4.0 | 4.3 | -35.3% |
Top Suppliers of Multiple Loudspeakers to Panama in 2022:
- Free Zones (6.5K units)
- United States (5.9K units)
- China (5.7K units)
- Italy (0.4K units)
Multiple Loudspeakers Exports in Panama
Multiple loudspeakers exports from Panama contracted dramatically to 3.8K units in 2022, reducing by -70.1% on the year before. In general, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. The exports peaked at 18K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, multiple loudspeakers exports shrank sharply to $585K in 2022. Over the period under review, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. The exports peaked at $1.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Multiple Loudspeakers in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 174 | 75.5 | 266 | 112 | -13.7% |
| Venezuela | 56.4 | 82.2 | 153 | 64.4 | 4.5% |
| Honduras | 68.0 | 56.7 | 113 | 47.8 | -11.1% |
| Uruguay | 75.7 | 6.2 | 101 | 42.5 | -17.5% |
| Brazil | 71.2 | 5.1 | 66.8 | 28.2 | -26.6% |
| Costa Rica | 108 | 68.4 | 50.7 | 19.8 | -43.2% |
| Haiti | 19.4 | 15.2 | 43.9 | 18.5 | -1.6% |
| Chile | 144 | 57.8 | 4.2 | 5.2 | -66.9% |
| Colombia | 208 | 164 | 6.0 | 2.4 | -77.4% |
| El Salvador | 93.4 | 54.9 | 0.1 | 1.1 | -77.2% |
| Nicaragua | 126 | 92.9 | 86.5 | 0.6 | -83.2% |
| Ecuador | 136 | 58.4 | 4.0 | 0.4 | -85.7% |
| Guatemala | 161 | 96.0 | 122 | N/A | -13.0% |
| Others | 491 | 312 | 603 | 242 | -21.0% |
| Total | 1,932 | 1,145 | 1,620 | 585 | -32.8% |
Top Export Markets for Multiple Loudspeakers from Panama in 2022:
- United States (1164.0 units)
- Uruguay (416.0 units)
- Brazil (284.0 units)
- Venezuela (274.0 units)
- Costa Rica (228.0 units)
- Haiti (192.0 units)
- Honduras (189.0 units)
- Chile (77.0 units)
- Colombia (38.0 units)
- Nicaragua (6.0 units)
- El Salvador (4.0 units)
- Guatemala (1.0 units)
- Ecuador (1.0 units)
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