Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Panama - 2022

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Panama (CIF) - 2022
  2. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Panama

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Panama (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $12,575 per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded significant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 441% against the previous year. Over the period under review, average import prices hit record highs at $18,394 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,823 per unit), while the price for the United States amounted to $1,240 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Panama

In 2022, after two years of decline, there was decline in supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses, when their volume decreased by 0% to 2 units. In general, imports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2020. Imports peaked at 4 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses stood at $25K in 2022. Over the period under review, imports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.0N/AN/A1,823869.6%
United States1.0N/AN/A1,240974.3%
Germany7.0N/AN/AN/A0%
India148N/AN/AN/A0%
OthersN/AN/AN/A22,0860%
Total158N/AN/A25,149441.9%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Panama in 2022:

  1. United States (1.0 units)
  2. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Casting machines; of a kind used in metallurgy or in metal foundries - Panama