Panama - Lighting Sets For Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Set for Christmas Trees in Panama - 2022
Contents:
- Price for Lighting Set for Christmas Trees in Panama (CIF) - 2022
- Price for Lighting Set for Christmas Trees in Panama (FOB) - 2022
- Imports of Lighting Set for Christmas Trees in Panama
- Exports of Lighting Set for Christmas Trees in Panama
Price for Lighting Set for Christmas Trees in Panama (CIF) - 2022
In 2022, the average import price for lighting sets for christmas trees amounted to $2 per unit, waning by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2019 an increase of 17%. The import price peaked at $2.2 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2.7 per unit), while the price for Free Zones ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lighting Set for Christmas Trees in Panama (FOB) - 2022
In 2022, the average export price for lighting sets for christmas trees amounted to $1.1 per unit, declining by -15.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. As a result, the export price attained the peak level of $1.3 per unit, and then contracted sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($3.2 per unit), while the average price for exports to Belize ($0.5 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 Trinidad and Tobago (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighting Set for Christmas Trees in Panama
Lighting set for christmas trees imports into Panama declined markedly to 1.2M units in 2022, reducing by -52.1% on the previous year's figure. In general, imports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 2.5M units, and then shrank significantly in the following year.
In value terms, lighting set for christmas trees imports shrank rapidly to $2.4M in 2022. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports reached the peak of $5.1M, and then dropped remarkably in the following year.
| Import of Lighting Set for Christmas Trees in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 2.8 | 4.5 | 2.0 | -20.0% |
| Free Zones | 0.4 | 0.2 | 0.5 | 0.4 | 0.0% |
| United States | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 4.5 | 3.3 | 5.1 | 2.4 | -18.9% |
Top Suppliers of Lighting Set for Christmas Trees to Panama in 2022:
- China (923.8K units)
- Free Zones (252.6K units)
- United States (19.8K units)
Exports of Lighting Set for Christmas Trees in Panama
In 2022, exports of lighting sets for christmas trees from Panama soared to 198K units, increasing by 54% on 2021. Overall, exports, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. The exports peaked at 222K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lighting set for christmas trees exports surged to $216K in 2022. Over the period under review, exports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. Over the period under review, the exports reached the peak figure at $226K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lighting Set for Christmas Trees in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 52.5 | 18.5 | 59.1 | 74.2 | 12.2% |
| Guyana | 3.7 | 1.9 | 5.0 | 53.0 | 142.9% |
| Aruba | 16.8 | 8.0 | 22.8 | 41.4 | 35.1% |
| Trinidad and Tobago | 0.2 | 15.1 | 27.2 | 15.6 | 327.3% |
| Belize | 22.5 | 1.9 | 0.4 | 8.5 | -27.7% |
| Barbados | 6.5 | 6.7 | 7.3 | 3.8 | -16.4% |
| Colombia | 15.9 | N/A | N/A | N/A | 0% |
| Guatemala | 85.8 | 8.9 | 18.5 | N/A | -53.6% |
| Others | 22.4 | 8.6 | 26.9 | 20.0 | -3.7% |
| Total | 226 | 69.5 | 167 | 216 | -1.5% |
Top Export Markets for Lighting Set for Christmas Trees from Panama in 2022:
- Costa Rica (77.8K units)
- Guyana (58.7K units)
- Aruba (30.4K units)
- Belize (16.4K units)
- Trinidad and Tobago (4.9K units)
- Barbados (1.8K units)
This report provides an in-depth analysis of the market for lighting set for christmas trees in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27403200 - Lighting sets for Christmas trees
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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