Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama - 2022

Contents:

1. Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama (FOB) - 2022
2. Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama (CIF) - 2022
3. Exports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama
4. Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama

Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama (FOB) - 2022

The average export price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $86 per unit in 2022, surging by 23% against the previous year. In general, the export price saw a moderate increase. The pace of growth was the most pronounced in 2014 an increase of 169% against the previous year. As a result, the export price attained the peak level of $135 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($116 per unit), while the average price for exports to Chile ($1 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 Ecuador (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama (CIF) - 2022

In 2022, the average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $243 per unit, with an increase of 13% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 105% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($259 per unit), while the price for Greece ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced a decline.

Exports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama

In 2022, approx. 44 units of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s were exported from Panama; increasing by 2.3% against 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 330%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s skyrocketed to $3.5K in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 742%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) from Panama in 2022:

1. Venezuela (29.0 units)
2. Aruba (10.0 units)
3. El Salvador (1.0 units)
4. Costa Rica (1.0 units)
5. Guatemala (1.0 units)
6. Chile (1.0 units)
7. Ecuador (1.0 units)

Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Panama

For the third consecutive year, Panama recorded decline in supplies from abroad of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s, which decreased by -42.9% to 16 units in 2022. Overall, imports faced a sharp setback. The smallest decline of -37.8% was in 2021. Over the period under review, imports of hit record highs at 80 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s plummeted to $3.4K in 2022. Over the period under review, imports recorded a sharp decrease. The smallest decline of -36.8% was in 2021. Imports peaked at $13K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) to Panama in 2022:

1. China (13.0 units)
2. United States (1.0 units)
3. Free Zones (1.0 units)
4. Greece (1.0 units)

Source: IndexBox Market Intelligence Platform