Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $15,847 per ton, which is down by -21.3% against the previous year. In general, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2013 an increase of 176% against the previous year. Over the period under review, average import prices attained the peak figure at $20,125 per ton in 2021, and then fell rapidly in the following year.
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 South Korea ($70,400 per ton), while the price for China ($7,617 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama (FOB) - 2022
The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $9,496 per ton in 2022, shrinking by -33.2% against the previous year. Overall, the export price saw a mild slump. The most prominent rate of growth was recorded in 2020 an increase of 199% against the previous year. The export price peaked at $33,994 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($13,795 per ton), while the average price for exports to Colombia ($5,234 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 Barbados (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama
In 2022, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Panama contracted dramatically to 7.3 tons, with a decrease of -39.1% on the year before. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses shrank sharply to $115K in 2022. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. As a result, imports reached the peak of $240K, and then declined remarkably in the following year.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 51.6 | 37.4 | 62.3 | 58.9 | 4.5% |
| China | 43.9 | 68.2 | 27.5 | 20.8 | -22.0% |
| Free Zones | 24.5 | 10.6 | 129 | 18.3 | -9.3% |
| Germany | 24.6 | 7.6 | 4.5 | 4.2 | -44.5% |
| Taiwan (Chinese) | 9.3 | 1.0 | 8.6 | 4.1 | -23.9% |
| Mexico | 10.7 | 0.6 | 2.3 | 1.5 | -48.1% |
| Spain | 6.6 | 0.3 | 0.5 | 0.9 | -48.5% |
| Others | 12.4 | 2.1 | 5.7 | 6.8 | -18.1% |
| Total | 183 | 128 | 240 | 115 | -14.3% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Panama in 2022:
- United States (3245.0 kg)
- China (2735.0 kg)
- Free Zones (534.0 kg)
- Taiwan (Chinese) (262.0 kg)
- Germany (98.0 kg)
- Mexico (85.0 kg)
- Spain (76.0 kg)
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama
In 2022, shipments abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -35.1% to 552 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 95% against the previous year. As a result, the exports attained the peak of 850 kg, and then fell sharply in the following year.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses shrank markedly to $5.2K in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 471% against the previous year. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 2.9 | 0% |
| Costa Rica | 0.5 | 1.1 | 0.4 | 0.6 | 6.3% |
| Colombia | 1.1 | N/A | 0.8 | 0.6 | -18.3% |
| Trinidad and Tobago | N/A | 0.1 | N/A | 0.5 | 123.6% |
| Jamaica | N/A | 1.4 | 0.1 | 0.3 | -53.7% |
| Nicaragua | N/A | N/A | N/A | 0.2 | 0% |
| Barbados | N/A | 10.3 | 6.7 | N/A | -35.0% |
| Guatemala | 0.1 | 0.7 | 1.4 | N/A | 274.2% |
| Peru | N/A | N/A | 2.8 | N/A | 0% |
| Others | 0.7 | 0.2 | N/A | 0.2 | -34.1% |
| Total | 2.4 | 13.8 | 12.1 | 5.2 | 29.4% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Panama in 2022:
- Chile (285.0 kg)
- Colombia (111.0 kg)
- Trinidad and Tobago (55.0 kg)
- Costa Rica (44.0 kg)
- Jamaica (39.0 kg)
- Nicaragua (17.0 kg)
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