Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama - 2022
Contents:
- Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama (CIF) - 2022
- Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama (FOB) - 2022
- Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama
- Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama
Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama (CIF) - 2022
The average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $1,106 per unit in 2022, leveling off at the previous year. Over the period under review, the import price enjoyed strong growth. The growth pace was the most rapid in 2015 an increase of 118% against the previous year. Over the period under review, average import prices attained the maximum at $1,198 per unit in 2017; however, from 2018 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 Spain ($1,347 per unit), while the price for Brazil ($245 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama (FOB) - 2022
In 2022, the average export price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $1,268 per unit, surging by 13% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 2,487%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 El Salvador ($1,362 per unit), while the average price for exports to Costa Rica ($12 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 Venezuela (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama
After three years of growth, purchases abroad of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses decreased by -1.3% to 534 units in 2022. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 3.8% against the previous year. As a result, imports attained the peak of 541 units, and then declined modestly in the following year.
In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses shrank to $591K in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 1.6% against the previous year. As a result, imports attained the peak of $595K, leveling off in the following year.
| Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 107 | 122 | 137 | 148 | 11.4% |
| France | 77.0 | 87.8 | 98.5 | 106 | 11.2% |
| Mexico | 49.8 | 56.8 | 63.6 | 68.7 | 11.3% |
| United States | 87.3 | 81.2 | 74.3 | 65.4 | -9.2% |
| Netherlands | 48.4 | 51.9 | 54.7 | 55.5 | 4.7% |
| China | 67.4 | 57.8 | 48.8 | 39.7 | -16.2% |
| Sri Lanka | 41.9 | 36.1 | 30.5 | 24.9 | -15.9% |
| India | 33.4 | 27.1 | 21.7 | 16.7 | -20.6% |
| Others | 64.5 | 65.2 | 66.1 | 65.5 | 0.5% |
| Total | 577 | 586 | 595 | 591 | 0.8% |
Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Panama in 2022:
- Spain (110.0 units)
- France (88.0 units)
- China (78.0 units)
- United States (61.0 units)
- Mexico (57.0 units)
- Netherlands (46.0 units)
- Sri Lanka (21.0 units)
- India (14.0 units)
Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama
In 2022, overseas shipments of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses decreased by -33.3% to 122 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 929%. Over the period under review, the exports of attained the maximum at 183 units in 2021, and then declined significantly in the following year.
In value terms, exports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses dropped rapidly to $155K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 26,506% against the previous year. Over the period under review, the exports of attained the peak figure at $206K in 2021, and then fell dramatically in the following year.
| Export of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 0.2 | 64.2 | 106 | 101 | 696.3% |
| Venezuela | 0.1 | 33.1 | 51.9 | 46.9 | 676.9% |
| Guyana | N/A | 2.0 | 3.0 | 2.6 | 14.0% |
| Jamaica | N/A | 1.2 | 2.0 | 1.9 | 25.8% |
| Suriname | N/A | N/A | 39.8 | N/A | 0% |
| Others | N/A | 2.8 | 3.4 | 2.4 | -7.4% |
| Total | 0.4 | 103 | 206 | 155 | 629.0% |
Top Export Markets for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles from Panama in 2022:
- El Salvador (74.0 units)
- Venezuela (35.0 units)
- Jamaica (2.0 units)
- Guyana (2.0 units)
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