Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama (CIF) - 2022
In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $9,423 per ton, approximately equating the previous year. In general, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 82%. Over the period under review, average import prices attained the peak figure at $14,320 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($59,209 per ton), while the price for China ($3,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama (FOB) - 2022
The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $5,627 per ton in 2022, growing by 11% against the previous year. In general, the export price recorded strong growth. The pace of growth appeared the most rapid in 2020 an increase of 79% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($10,976 per ton), while the average price for exports to Belize ($970 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 Venezuela (+99.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama
Imports of cycles; parts, pedals and crank-gear, and parts thereoves into Panama reduced dramatically to 7 tons in 2022, dropping by -54.7% compared with the previous year's figure. Over the period under review, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 113%. As a result, imports reached the peak of 16 tons, and then contracted sharply in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves shrank dramatically to $66K in 2022. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of $148K, and then contracted sharply in the following year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 18.1 | 9.5 | 36.3 | 33.6 | 22.9% |
| Taiwan (Chinese) | 23.2 | 8.5 | 44.7 | 9.6 | -25.5% |
| Portugal | N/A | N/A | N/A | 6.8 | 0% |
| United States | 6.0 | 12.2 | 4.1 | 6.2 | 1.1% |
| China | 39.3 | 22.5 | 8.4 | 2.8 | -58.5% |
| France | 22.6 | 27.6 | 47.8 | N/A | 45.4% |
| Others | 6.0 | 10.6 | 6.2 | 7.3 | 6.8% |
| Total | 115 | 90.8 | 148 | 66.3 | -16.8% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Panama in 2022:
- Free Zones (5.2 tons)
- China (0.8 tons)
- United States (0.4 tons)
- Taiwan (Chinese) (0.3 tons)
- Portugal (0.1 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama
In 2022, after three years of growth, there was significant decline in shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves, when their volume decreased by -64% to 7.7 tons. Overall, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 9.2%.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves fell notably to $43K in 2022. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 95%. As a result, the exports attained the peak of $113K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | 48.0 | 59.4 | 85.1 | 35.9 | -9.2% |
| Belize | 5.1 | 1.3 | 5.5 | 3.8 | -9.3% |
| Jamaica | 2.2 | 2.1 | N/A | 2.0 | -3.1% |
| Costa Rica | 0.3 | 5.2 | 5.0 | 0.8 | 38.7% |
| Grenada | 0.2 | N/A | N/A | 0.8 | 58.7% |
| Chile | N/A | 6.0 | 1.2 | N/A | -80.0% |
| Others | 1.9 | 38.7 | 12.3 | 0.2 | -52.8% |
| Total | 57.7 | 113 | 109 | 43.5 | -9.0% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Panama in 2022:
- Belize (3.9 tons)
- Guyana (3.3 tons)
- Jamaica (0.2 tons)
- Grenada (0.2 tons)
- Costa Rica (0.1 tons)
370
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
370
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
Nothing found. Please try again.
