Panama - Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Aircraft Internal Combustion Engine in Panama - 2022
Contents:
- Price for Aircraft Internal Combustion Engine in Panama (CIF) - 2022
- Price for Aircraft Internal Combustion Engine in Panama (FOB) - 2022
- Imports of Aircraft Internal Combustion Engine in Panama
- Exports of Aircraft Internal Combustion Engine in Panama
Price for Aircraft Internal Combustion Engine in Panama (CIF) - 2022
The average aircraft internal combustion engine import price stood at $11,232 per unit in 2022, increasing by 58% against the previous year. In general, the import price saw a significant expansion. The pace of growth was the most pronounced in 2013 an increase of 386%. The import price peaked at $14,182 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Canada ($80,841 per unit), while the price for Free Zones ($1,917 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+61.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aircraft Internal Combustion Engine in Panama (FOB) - 2022
The average aircraft internal combustion engine export price stood at $8,570 per unit in 2022, stabilizing at the previous year. Overall, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2013 an increase of 176%. As a result, the export price reached the peak level of $31,343 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($31,907 per unit), while the average price for exports to Cuba ($24 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 Costa Rica (+67.4%), while the prices for the other major destinations experienced a decline.
Imports of Aircraft Internal Combustion Engine in Panama
In 2022, imports of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft into Panama dropped sharply to 96 units, waning by -54.1% on 2021. Overall, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 1,293%. As a result, imports reached the peak of 209 units, and then plummeted in the following year.
In value terms, aircraft internal combustion engine imports fell dramatically to $1.1M in 2022. In general, imports faced a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 600%. Imports peaked at $1.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Aircraft Internal Combustion Engine in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 785 | 135 | 554 | 566 | -10.3% |
| United States | 706 | 19.5 | 607 | 495 | -11.2% |
| Free Zones | 34.5 | 3.6 | 8.2 | 17.3 | -20.6% |
| Colombia | 143 | 37.2 | 236 | N/A | 28.5% |
| China | 3.6 | 0.3 | 3.3 | N/A | -4.3% |
| France | 37.6 | 13.3 | 63.6 | N/A | 30.1% |
| Others | 19.7 | 3.9 | 18.6 | N/A | -2.8% |
| Total | 1,730 | 213 | 1,490 | 1,078 | -14.6% |
Top Suppliers of Aircraft Internal Combustion Engine to Panama in 2022:
- United States (80.0 units)
- Free Zones (9.0 units)
- Canada (7.0 units)
Exports of Aircraft Internal Combustion Engine in Panama
For the third year in a row, Panama recorded decline in overseas shipments of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft, which decreased by 0% to 9 units in 2022. Over the period under review, exports saw a measured increase. The smallest decline of -12.5% was in 2020. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, aircraft internal combustion engine exports totaled $77K in 2022. Overall, exports saw a deep downturn. The smallest decline of -98.8% was in 2020. Over the period under review, the exports hit record highs at $97K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Aircraft Internal Combustion Engine in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 66.8 | 1.0 | N/A | 63.8 | -1.5% |
| Netherlands | N/A | N/A | N/A | 4.7 | 0% |
| Venezuela | 5.0 | 0.1 | N/A | 3.6 | -10.4% |
| United States | 3.0 | N/A | N/A | 3.1 | 1.1% |
| Ecuador | 3.7 | N/A | N/A | 1.5 | -26.0% |
| Colombia | 0.8 | N/A | N/A | 0.4 | -20.6% |
| Chile | 0.1 | N/A | N/A | N/A | 0% |
| Cuba | 0.1 | N/A | N/A | N/A | 0% |
| Others | 17.6 | N/A | N/A | N/A | 0% |
| Total | 97.0 | 1.1 | N/A | 77.1 | -7.4% |
Top Export Markets for Aircraft Internal Combustion Engine from Panama in 2022:
- Costa Rica (2.0 units)
- Netherlands (1.0 units)
- Colombia (1.0 units)
- Cuba (1.0 units)
- United States (1.0 units)
- Chile (1.0 units)
- Venezuela (1.0 units)
- Ecuador (1.0 units)
This report provides an in-depth analysis of the market for aircraft internal combustion engine 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 30301100 - Aircraft spark-ignition internal combustion piston engines, for civil use
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
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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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