Panama - Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Electronic Liquid or Gas Measurer in Panama - 2022

Contents:

  1. Price for Non-Electronic Liquid or Gas Measurer in Panama (CIF) - 2022
  2. Price for Non-Electronic Liquid or Gas Measurer in Panama (FOB) - 2022
  3. Imports of Non-Electronic Liquid or Gas Measurer in Panama
  4. Exports of Non-Electronic Liquid or Gas Measurer in Panama

Price for Non-Electronic Liquid or Gas Measurer in Panama (CIF) - 2022

In 2022, the average import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $521 per unit, increasing by 44% against the previous year. Over the period under review, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 92% against the previous year. Over the period under review, average import prices reached the peak figure at $625 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 the United States ($4,682 per unit), while the price for India ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+12.9%), while the prices for the other major suppliers experienced a decline.

Price for Non-Electronic Liquid or Gas Measurer in Panama (FOB) - 2022

The average export price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $566 per unit in 2022, stabilizing at the previous year. In general, the export price recorded a slight downturn. The growth pace was the most rapid in 2016 an increase of 18%. Over the period under review, the average export prices hit record highs at $682 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 the United States ($1,750 per unit), while the average price for exports to Belize ($39 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 Guyana (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Liquid or Gas Measurer in Panama

In 2022, supplies from abroad of non-electronic instruments for measuring or checking variables of liquids or gases increased by 12% to 9.3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Imports peaked at 13K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer imports soared to $4.9M in 2022. In general, imports posted a mild increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Electronic Liquid or Gas Measurer in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7836638273,14258.9%
Free Zones2,4051,3381,502820-30.1%
Germany26158.693.7178-12.0%
China73.411088.215026.9%
Australia2890.513.475.2-36.2%
Mexico60.74.432.620.9-29.9%
India11.18.25.213.56.7%
Others719382469462-13.7%
Total4,6022,5653,0314,8621.8%

Top Suppliers of Non-Electronic Liquid or Gas Measurer to Panama in 2022:

  1. China (4.0K units)
  2. Free Zones (2.1K units)
  3. United States (0.7K units)
  4. Mexico (0.5K units)
  5. India (0.5K units)
  6. Germany (0.5K units)
  7. Australia (0.2K units)

Exports of Non-Electronic Liquid or Gas Measurer in Panama

In 2022, overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases decreased by 0% to 159 units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 417 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer exports stood at $90K in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 43%. As a result, the exports reached the peak of $180K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Non-Electronic Liquid or Gas Measurer in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba2.09.6N/A28.7143.0%
United States0.50.1N/A5.3119.7%
Netherlands3.70.1N/A3.80.9%
Suriname5.46.6N/A3.3-15.1%
Jamaica0.47.4N/A3.197.9%
Canada3.35.9N/A2.7-6.5%
France0.21.2N/A2.6135.1%
Venezuela8.16.0N/A2.4-33.3%
El Salvador1.94.2N/A1.7-3.6%
Dominican Republic5.30.1N/A1.7-31.5%
Guyana0.10.2N/A0.681.7%
Barbados0.49.9N/A0.40.0%
Belize0.20.1N/A0.20.0%
Others94.6129N/A33.7-29.1%
Total126180N/A90.1-10.6%

Top Export Markets for Non-Electronic Liquid or Gas Measurer from Panama in 2022:

  1. Cuba (46.0 units)
  2. Jamaica (16.0 units)
  3. Canada (13.0 units)
  4. Barbados (9.0 units)
  5. Netherlands (6.0 units)
  6. Guyana (5.0 units)
  7. Suriname (5.0 units)
  8. Dominican Republic (5.0 units)
  9. Belize (5.0 units)
  10. France (4.0 units)
  11. Venezuela (4.0 units)
  12. El Salvador (3.0 units)
  13. United States (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electronic liquid or gas measurer in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26515289 - Non-electronic instruments for measuring or checking variables of liquids or gases (including heat meters, excluding for measuring or checking pressure/flow/level of liquids)

Country coverage:

  • Panama

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Panama
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases - Panama