Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama (CIF) - 2022
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama (FOB) - 2022
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama
- Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama (CIF) - 2022
In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $17 per unit, with a decrease of -1.7% against the previous year. In general, the import price, however, showed a resilient expansion. The growth pace was the most rapid in 2020 when the average import price increased by 278% against the previous year. Over the period under review, average import prices hit record highs at $17 per unit in 2021, and then declined modestly 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 Japan ($40 per unit), while the price for Colombia ($9.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama (FOB) - 2022
In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $2.6 per unit, leveling off at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 17%. The export price peaked at $2.9 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Ecuador ($22 per unit), while the average price for exports to Jamaica ($0.8 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 Nicaragua (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama
In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron imported into Panama dropped rapidly to 403 units, which is down by -71.3% compared with 2021 figures. Over the period under review, imports saw a sharp reduction. The smallest decline of -68.9% was in 2020. Imports peaked at 29K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron fell sharply to $6.8K in 2022. Overall, imports recorded a significant decline. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. As a result, imports attained the peak of $148K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 5.4 | 3.3 | 3.1 | 7.4% |
| United States | 16.6 | 19.2 | 1.1 | 1.8 | -52.3% |
| South Korea | 5.5 | 2.8 | 0.6 | 1.4 | -36.6% |
| Japan | 2.4 | 1.0 | 0.2 | 0.3 | -50.0% |
| Colombia | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
| Free Zones | 17.4 | 72.3 | 2.8 | N/A | -59.9% |
| Canada | 45.5 | 37.7 | 11.9 | N/A | -48.9% |
| Others | 36.0 | 10.0 | 4.1 | N/A | -66.3% |
| Total | 126 | 148 | 24.0 | 6.8 | -62.2% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Panama in 2022:
- China (215.0 units)
- South Korea (115.0 units)
- United States (46.0 units)
- Colombia (20.0 units)
- Japan (7.0 units)
Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama
Exports of non-electric iron or steel central heating radiators other than of cast iron from Panama stood at 110 units in 2022, flattening at 2021. Overall, exports saw a precipitous slump. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs at 219 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron totaled $287 in 2022. Over the period under review, exports showed a significant decline. The smallest decline of 99.9% was in 2021. The exports peaked at $569 in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Nicaragua | 257 | N/A | 132 | -28.3% | |
| Ecuador | 164 | N/A | 88.0 | -26.7% | |
| Trinidad and Tobago | 71.0 | N/A | 32.0 | -32.9% | |
| Chile | 42.0 | N/A | 22.0 | -27.6% | |
| Jamaica | 10.0 | N/A | 4.0 | -36.8% | |
| Honduras | 8.0 | N/A | 3.0 | -38.8% | |
| Others | 17.0 | N/A | 6.0 | -40.6% | |
| Total | 569 | N/A | 287 | -29.0% | |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Panama in 2022:
- Nicaragua (52.0 units)
- Chile (21.0 units)
- Trinidad and Tobago (20.0 units)
- Jamaica (5.0 units)
- Ecuador (4.0 units)
- Honduras (3.0 units)
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This report provides an in-depth analysis of the market for non-electric central heating radiator in Panama.
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In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
881
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
1643
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
881
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
