Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama - 2024

Contents:

  1. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama (CIF) - 2022
  2. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama (FOB) - 2022
  3. Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama
  4. Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama (CIF) - 2022

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $26,728 per ton in 2022, shrinking by -26.3% against the previous year. Overall, the import price, however, continues to indicate a noticeable expansion. The growth pace was the most rapid in 2018 an increase of 176% against the previous year. As a result, import price reached the peak level of $54,774 per ton. From 2019 to 2022, the average 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 ($43,396 per ton), while the price for China ($13,849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+30.9%), while the prices for the other major suppliers experienced a decline.

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama (FOB) - 2022

In 2022, the average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $121,733 per ton, increasing by 6.5% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 1,493% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Canada ($205,800 per ton), while the average price for exports to Chile ($77,778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+3,133.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama

In 2022, the amount of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 imported into Panama surged to 313 kg, rising by 53% on 2021. Over the period under review, imports, however, continue to indicate a sharp decline.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 expanded significantly to $8.4K in 2022. In general, imports, however, saw a significant contraction.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones0.317.30.14.6148.4%
United States15.63.84.82.1-48.7%
China5.74.6N/A1.6-34.5%
Hong Kong SAR3.7N/AN/AN/A0%
DenmarkN/A1.9N/AN/A0%
Others2.4N/A2.5N/A2.1%
Total27.727.77.48.4-32.8%

Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to Panama in 2022:

  1. China (119.0 kg)
  2. Free Zones (106.0 kg)
  3. United States (88.0 kg)

Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama

In 2022, the amount of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 exported from Panama declined rapidly to 15 kg, reducing by -91% compared with the previous year. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 822%. As a result, the exports attained the peak of 166 kg, and then dropped markedly in the following year.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 fell markedly to $1.8K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,190% against the previous year. As a result, the exports attained the peak of $19K, and then reduced dramatically in the following year.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A1.00%
Chile0.90.31.20.7-8.0%
El SalvadorN/AN/AN/A0.10%
HondurasN/A0.9N/AN/A0%
Costa RicaN/A0.37.0N/A2233.3%
ItalyN/AN/A10.8N/A0%
OthersN/AN/AN/AN/A0%
Total0.91.519.01.826.0%

Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from Panama in 2022:

  1. Chile (9.0 kg)
  2. Canada (5.0 kg)
  3. El Salvador (1.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 - Panama