Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama - 2023
Contents:
- Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama (CIF) - 2023
- Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama (FOB) - 2022
- Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama
- Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama
Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama (CIF) - 2023
In November 2023, the average import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $2.2 per unit, with an increase of 8.2% against the previous month. Overall, import price indicated a mild expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses increased by +12.7% against September 2023 indices. The pace of growth was the most pronounced in July 2023 an increase of 87% m-o-m. The import price peaked at $2.4 per unit in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2.8 per unit), while the price for Free Zones ($1.7 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama (FOB) - 2022
The average export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses stood at $4.6 per unit in 2022, growing by 26% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses decreased by -35.8% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices hit record highs at $7.2 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ecuador ($4.3 per unit) and Colombia ($4.2 per unit), while the average price for exports to the Dominican Republic ($3.7 per unit) and Chile ($3.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama
For the third consecutive year, Panama recorded decline in supplies from abroad of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses, which decreased by -13.4% to 5.5M units in 2022. Over the period under review, imports saw a abrupt decline. The smallest decline of -6.5% was in 2020. Over the period under review, imports of hit record highs at 9.6M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses reduced modestly to $12M in 2022. In general, imports continue to indicate a deep reduction. The smallest decline of -4.1% was in 2020. Imports peaked at $23M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.7 | 18.1 | 7.4 | 6.5 | -28.4% |
| Free Zones | 3.1 | 2.9 | 3.4 | 3.8 | 7.0% |
| United States | 1.1 | 0.7 | 0.9 | 0.9 | -6.5% |
| Mexico | 0.1 | N/A | 0.9 | 0.7 | 91.3% |
| Others | 1.2 | 0.5 | 0.3 | 0.3 | -37.0% |
| Total | 23.1 | 22.2 | 12.9 | 12.2 | -19.2% |
Top Suppliers of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes to Panama in 2022:
- China (3.1M units)
- Free Zones (1.7M units)
- United States (0.3M units)
- Mexico (0.3M units)
Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama
In 2022, approx. 2M units of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses were exported from Panama; growing by 902,883% on the previous year. Over the period under review, exports, however, showed a abrupt downturn. Over the period under review, the exports of attained the maximum at 3.5M units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses surged to $9M in 2022. In general, exports, however, recorded a drastic downturn. The exports peaked at $18M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 1,994 | 2,102 | 0.1 | 1,007 | -20.4% |
| United States | 1,690 | 1,584 | 0.1 | 833 | -21.0% |
| Colombia | 2,008 | 1,363 | 0.1 | 777 | -27.1% |
| Venezuela | 380 | 1,365 | 0.1 | 657 | 20.0% |
| Costa Rica | 1,311 | 1,300 | 0.1 | 648 | -20.9% |
| Chile | 808 | 815 | N/A | 392 | -21.4% |
| Brazil | 575 | 768 | N/A | 370 | -13.7% |
| Nicaragua | 810 | 711 | N/A | 362 | -23.5% |
| Honduras | 492 | 745 | N/A | 358 | -10.1% |
| Ecuador | 826 | 596 | N/A | 327 | -26.6% |
| El Salvador | 559 | 449 | N/A | 260 | -22.5% |
| Mexico | 305 | 471 | N/A | 227 | -9.4% |
| Trinidad and Tobago | 389 | 444 | N/A | 214 | -18.1% |
| Others | 5,200 | 5,233 | 0.2 | 2,541 | -21.2% |
| Total | 17,345 | 17,945 | 0.8 | 8,973 | -19.7% |
Top Export Markets for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes from Panama in 2022:
- Dominican Republic (274.0K units)
- United States (204.0K units)
- Colombia (185.0K units)
- Venezuela (173.1K units)
- Costa Rica (160.8K units)
- Chile (105.8K units)
- Brazil (97.6K units)
- Honduras (95.4K units)
- Nicaragua (88.2K units)
- Ecuador (76.5K units)
- El Salvador (62.2K units)
- Mexico (60.4K units)
- Trinidad and Tobago (57.2K units)
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