Price for Metal-Rolling Mills; Tube Mills in Panama - 2023

Contents:

  1. Price for Metal-Rolling Mills; Tube Mills in Panama (CIF) - 2022
  2. Price for Metal-Rolling Mills; Tube Mills in Panama (FOB) - 2022
  3. Imports of Metal-Rolling Mills; Tube Mills in Panama
  4. Exports of Metal-Rolling Mills; Tube Mills in Panama

Price for Metal-Rolling Mills; Tube Mills in Panama (CIF) - 2022

In 2022, the average metal-rolling mills; tube mills import price amounted to $7,231 per unit, with an increase of 2,417% against the previous year. Over the period under review, the import price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 2,943% against the previous year. Over the period under review, average import prices reached the maximum at $19,862 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +618.4% per year.

Price for Metal-Rolling Mills; Tube Mills in Panama (FOB) - 2022

In 2022, the average metal-rolling mills; tube mills export price amounted to $2,123 per unit, with an increase of 18% against the previous year. In general, the export price, however, showed a mild setback. The growth pace was the most rapid in 2015 when the average export price increased by 422% against the previous year. As a result, the export price reached the peak level of $3,502 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($6,758 per unit), while the average price for exports to Guatemala ($199 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 Honduras (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal-Rolling Mills; Tube Mills in Panama

In 2022, purchases abroad of metal-rolling mills; tube millses decreased by -75% to 1 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a sharp shrinkage. The smallest decline of -33.3% was in 2020. Over the period under review, imports reached the peak figure at 6 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metal-rolling mills; tube mills imports skyrocketed to $7.2K in 2022. In general, imports saw a sharp decrease. Imports peaked at $85K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Metal-Rolling Mills; Tube Mills in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.315.6N/A7.2-45.8%
Hong Kong SAR24.519.90.8N/A-81.9%
South Korea1.1N/AN/AN/A0%
United States5.94.00.1N/A-87.0%
Taiwan (Chinese)8.53.70.2N/A-84.7%
OthersN/AN/AN/AN/A0%
Total85.243.21.17.2-56.1%

Top Suppliers of Metal-Rolling Mills; Tube Mills to Panama in 2022:

  1. China (1.0 units)

Exports of Metal-Rolling Mills; Tube Mills in Panama

In 2022, after two years of decline, there was decline in overseas shipments of metal-rolling mills; tube millses, when their volume decreased by 0% to 7 units. Overall, exports recorded a perceptible reduction. The smallest decline of -12.5% was in 2020. Over the period under review, the exports hit record highs at 8 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal-rolling mills; tube mills exports skyrocketed to $15K in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 179%. Over the period under review, the exports hit record highs at $28K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Metal-Rolling Mills; Tube Mills in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago11.52.05.76.8-16.1%
Costa Rica6.21.13.64.7-8.8%
Honduras4.60.71.71.7-28.2%
Dominican Republic1.60.20.60.7-24.1%
Venezuela0.60.10.30.5-5.9%
Colombia1.60.20.40.4-37.0%
Guatemala0.50.10.20.2-26.3%
Jamaica0.9N/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total27.54.512.614.9-18.5%

Top Export Markets for Metal-Rolling Mills; Tube Mills from Panama in 2022:

  1. Honduras (1.0 units)
  2. Costa Rica (1.0 units)
  3. Trinidad and Tobago (1.0 units)
  4. Guatemala (1.0 units)
  5. Colombia (1.0 units)
  6. Dominican Republic (1.0 units)
  7. Venezuela (1.0 units)

Source: IndexBox Market Intelligence Platform

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