Price for Parts of Harvester and Threshers in Panama - 2024

Contents:

  1. Price for Parts of Harvester and Threshers in Panama (CIF) - 2022
  2. Price for Parts of Harvester and Threshers in Panama (FOB) - 2022
  3. Imports of Parts of Harvester and Threshers in Panama
  4. Exports of Parts of Harvester and Threshers in Panama

Price for Parts of Harvester and Threshers in Panama (CIF) - 2022

In 2022, the average import price for parts of harvester and threshers amounted to $7.2 per unit, with an increase of 3.2% against the previous year. Overall, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 18% against the previous year. The import price peaked at $14 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21 per unit), while the price for China ($4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Parts of Harvester and Threshers in Panama (FOB) - 2022

In 2022, the average export price for parts of harvester and threshers amounted to $5.8 per unit, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 43%. Over the period under review, the average export prices hit record highs at $32 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Peru ($7.6 per unit), while the average price for exports to Ecuador ($2.2 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 Cuba (+53.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Parts of Harvester and Threshers in Panama

In 2022, overseas purchases of parts of harvester and threshers decreased by -15.4% to 282K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of 459K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, parts of harvester and threshers imports contracted to $2M in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Parts of Harvester and Threshers in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7317458001,04212.5%
United States646650467416-13.6%
China6881,317388197-34.1%
Free Zones176127265127-10.3%
Italy12.344.696.941.149.5%
Turkey7.521.87.631.962.0%
IrelandN/AN/AN/A31.20%
Canada1131921304.9-64.9%
Others200207161131-13.2%
Total2,5733,3042,3152,021-7.7%

Top Suppliers of Parts of Harvester and Threshers to Panama in 2022:

  1. Brazil (136.6K units)
  2. United States (52.4K units)
  3. China (49.6K units)
  4. Free Zones (18.7K units)
  5. Turkey (7.5K units)
  6. Ireland (5.5K units)
  7. Italy (3.2K units)
  8. Canada (0.2K units)

Exports of Parts of Harvester and Threshers in Panama

After three years of growth, shipments abroad of parts of harvester and threshers decreased by -29.8% to 18K units in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 177% against the previous year. As a result, the exports attained the peak of 26K units, and then contracted remarkably in the following year.

In value terms, parts of harvester and threshers exports dropped markedly to $106K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 223% against the previous year. As a result, the exports reached the peak of $149K, and then shrank significantly in the following year.

Export of Parts of Harvester and Threshers in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica14.226.079.443.445.1%
Guatemala22.25.459.931.912.8%
PeruN/AN/AN/A17.50%
Jamaica2.54.5N/A5.227.7%
Chile2.11.13.33.316.3%
FranceN/A7.8N/A2.4-44.5%
EcuadorN/A0.1N/A1.9335.9%
Guyana0.4N/A4.9N/A250.0%
Others1.10.91.00.1-55.0%
Total42.645.914910635.5%

Top Export Markets for Parts of Harvester and Threshers from Panama in 2022:

  1. Costa Rica (8.0K units)
  2. Guatemala (5.1K units)
  3. Peru (2.3K units)
  4. Jamaica (1.0K units)
  5. Ecuador (0.9K units)
  6. Chile (0.5K units)
  7. France (0.4K units)

Source: IndexBox Market Intelligence Platform

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