Price for Machines; Parts and Accessories, of Heading No. 8472 in Panama - 2024
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Panama (FOB) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Panama (CIF) - 2022
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Panama
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Panama
Price for Machines; Parts and Accessories, of Heading No. 8472 in Panama (FOB) - 2022
In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $78,426 per ton, falling by -64.4% against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 107% against the previous year. Over the period under review, the average export prices hit record highs at $220,284 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($79,258 per ton), while the average price for exports to Guatemala stood at $35,675 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+50.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Panama (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $65,394 per ton, with an increase of 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2013 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $80,563 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($93,352 per ton), while the price for Mexico ($37,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Panama
In 2022, exports of machines; parts and accessories, of heading no. 8472 from Panama surged to 29 tons, with an increase of 6,505% compared with the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of machines; parts and accessories, of heading no. 8472 skyrocketed to $2.3M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 5,910% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 15.1 | N/A | 0.8 | 2,219 | 427.7% |
| Guatemala | 72.2 | 0.2 | 0.4 | 24.0 | -30.7% |
| Others | 34.1 | 1.4 | 94.9 | 15.7 | -22.8% |
| Total | 121 | 1.6 | 96.0 | 2,259 | 165.3% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Panama in 2022:
- Costa Rica (28.0 tons)
- Guatemala (0.7 tons)
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Panama
In 2022, imports of machines; parts and accessories, of heading no. 8472 into Panama surged to 21 tons, growing by 90% on 2021. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machines; parts and accessories, of heading no. 8472 soared to $1.4M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 3.6 | N/A | 770 | 1362.5% |
| Free Zones | 24.7 | 55.9 | 88.2 | 182 | 94.6% |
| United States | 464 | 230 | 291 | 173 | -28.0% |
| China | 70.0 | 78.0 | 98.3 | 114 | 17.7% |
| Germany | 55.0 | 38.6 | 44.8 | 44.1 | -7.1% |
| Malaysia | 69.2 | 13.7 | 12.4 | 2.1 | -68.8% |
| Mexico | 17.6 | 46.3 | 24.2 | 1.2 | -59.1% |
| Others | 98.0 | 39.4 | 77.6 | 118 | 6.4% |
| Total | 798 | 506 | 636 | 1,404 | 20.7% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Panama in 2022:
- India (11.2 tons)
- Free Zones (4.0 tons)
- China (2.7 tons)
- United States (2.4 tons)
- Germany (0.5 tons)
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This report provides an in-depth analysis of the computing machinery market in Panama.
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This report provides an in-depth analysis of the global computing machinery market.
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