Price for Air or Gas Liquefier in Panama - 2022

Contents:

  1. Price for Air or Gas Liquefier in Panama (CIF) - 2022
  2. Price for Air or Gas Liquefier in Panama (FOB) - 2022
  3. Imports of Air or Gas Liquefier in Panama
  4. Exports of Air or Gas Liquefier in Panama

Price for Air or Gas Liquefier in Panama (CIF) - 2022

The average air or gas liquefier import price stood at $34,273 per unit in 2022, dropping by -16.7% against the previous year. In general, the import price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 1,052% against the previous year. The import price peaked at $41,145 per unit in 2021, and then fell sharply in the following year.

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 Germany ($134,106 per unit), while the price for China ($245 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+96.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Air or Gas Liquefier in Panama (FOB) - 2022

In 2022, the average air or gas liquefier export price amounted to $4,292 per unit, remaining relatively unchanged against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2013 a decrease of -28.1%. The export price peaked at $7,153 per unit in 2020; however, from 2021 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 France ($10,297 per unit), while the average price for exports to Chile ($354 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 Colombia (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air or Gas Liquefier in Panama

In 2022, supplies from abroad of machinery for liquefying air or gases decreased by -89.7% to 4 units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 500% against the previous year. As a result, imports attained the peak of 66 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, air or gas liquefier imports dropped significantly to $137K in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 6,809% against the previous year. As a result, imports attained the peak of $2.2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Air or Gas Liquefier in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A1340%
Free ZonesN/AN/A5.32.3-56.6%
Hong Kong SAR0.12.31.30.458.7%
China0.325.028.90.2-12.6%
United Kingdom4.4629455N/A916.9%
India18.51,179852N/A578.6%
Others9.2409263N/A434.7%
Total32.52,2451,60513761.5%

Top Suppliers of Air or Gas Liquefier to Panama in 2022:

  1. Germany (1.0 units)
  2. China (1.0 units)
  3. Free Zones (1.0 units)
  4. Hong Kong SAR (1.0 units)

Exports of Air or Gas Liquefier in Panama

In 2022, approx. 5 units of machinery for liquefying air or gases were exported from Panama; approximately equating the previous year. Overall, exports recorded a abrupt descent. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs at 6 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, air or gas liquefier exports amounted to $21K in 2022. In general, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the maximum at $43K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Air or Gas Liquefier in Panama (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
FranceN/AN/A10.30%
Venezuela6.7N/A5.7-7.8%
Costa Rica4.6N/A3.2-16.6%
Colombia1.5N/A1.89.5%
Chile0.3N/A0.415.5%
Ecuador29.8N/AN/A0%
Dominican Republic0.1N/AN/A0%
OthersN/AN/AN/A0%
Total42.9N/A21.5-29.2%

Top Export Markets for Air or Gas Liquefier from Panama in 2022:

  1. Colombia (1.0 units)
  2. Venezuela (1.0 units)
  3. Costa Rica (1.0 units)
  4. Chile (1.0 units)
  5. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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