Panama - Process Control, Gate, Globe and Other Valves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Process Control, Gate, Globe and Other Valves in Panama - 2023
Contents:
- Price for Process Control, Gate, Globe and Other Valves in Panama (CIF) - 2023
- Price for Process Control, Gate, Globe and Other Valves in Panama (FOB) - 2022
- Imports of Process Control, Gate, Globe and Other Valves in Panama
- Exports of Process Control, Gate, Globe and Other Valves in Panama
Price for Process Control, Gate, Globe and Other Valves in Panama (CIF) - 2023
In September 2023, the average import price for process control, gate, globe and other valves amounted to $20,407 per ton, declining by -4.9% against the previous month. Overall, import price indicated a mild expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for process control, gate, globe and other valves increased by +45.1% against June 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 70% m-o-m. Over the period under review, average import prices attained the maximum at $23,777 per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Free Zones ($38,692 per ton), while the price for China ($9,488 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Colombia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Process Control, Gate, Globe and Other Valves in Panama (FOB) - 2022
The average export price for process control, gate, globe and other valves stood at $33,786 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 322% against the previous year. Over the period under review, the average export prices hit record highs at $33,822 per ton in 2018; afterwards, it flattened through to 2022.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Honduras ($34,202 per ton) and Nicaragua ($34,200 per ton), while the average price for exports to Cuba ($33,238 per ton) and Trinidad and Tobago ($33,622 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Process Control, Gate, Globe and Other Valves in Panama
In 2022, imports of process control, gate, globe and other valves into Panama reduced remarkably to 2.1K tons, waning by -15.7% on the year before. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 11%.
In value terms, imports of process control, gate, globe and other valves rose modestly to $38M in 2022. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 4.9%.
| Import of Process Control, Gate, Globe and Other Valves in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 10.7 | 9.7 | 11.4 | 13.7 | 8.6% |
| United States | 10.1 | 5.2 | 8.1 | 8.1 | -7.1% |
| China | 11.8 | 8.9 | 7.9 | 6.5 | -18.0% |
| Taiwan (Chinese) | 2.4 | 1.0 | 1.8 | 1.7 | -10.9% |
| Mexico | 0.9 | 0.8 | 0.9 | 1.3 | 13.0% |
| Spain | 1.1 | 0.8 | 0.7 | 1.1 | 0.0% |
| Italy | 1.4 | 0.9 | 1.0 | 0.8 | -17.0% |
| Colombia | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
| Brazil | 0.8 | 1.2 | 0.2 | 0.4 | -20.6% |
| South Korea | 1.1 | 1.6 | 0.5 | 0.1 | -55.0% |
| Others | 7.1 | 4.2 | 3.1 | 3.4 | -21.8% |
| Total | 47.9 | 34.6 | 36.3 | 37.8 | -7.6% |
Top Suppliers of Process Control, Gate, Globe and Other Valves to Panama in 2022:
- China (742.4 tons)
- Free Zones (452.5 tons)
- United States (388.3 tons)
- Taiwan (Chinese) (104.9 tons)
- Colombia (102.6 tons)
- Mexico (73.6 tons)
- Spain (73.0 tons)
- Brazil (20.9 tons)
- Italy (19.1 tons)
- South Korea (6.5 tons)
Exports of Process Control, Gate, Globe and Other Valves in Panama
Exports of process control, gate, globe and other valves from Panama amounted to 122 tons in 2022, remaining stable against 2021. In general, exports showed a precipitous curtailment. The smallest decline of -15.6% was in 2020.
In value terms, exports of process control, gate, globe and other valves amounted to $4.1M in 2022. Overall, exports faced a sharp descent. The smallest decline of -10.1% was in 2020.
| Export of Process Control, Gate, Globe and Other Valves in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 860 | 1,635 | N/A | 624 | -10.1% |
| Colombia | 1,008 | 680 | N/A | 611 | -15.4% |
| Costa Rica | 363 | 466 | N/A | 321 | -4.0% |
| Honduras | 622 | 669 | N/A | 255 | -25.7% |
| Trinidad and Tobago | 520 | 568 | N/A | 239 | -22.8% |
| Dominican Republic | 333 | 586 | N/A | 224 | -12.4% |
| Nicaragua | 528 | 573 | N/A | 219 | -25.4% |
| Cuba | 603 | 210 | N/A | 167 | -34.8% |
| Guatemala | 416 | 316 | N/A | 133 | -31.6% |
| Jamaica | 167 | 133 | N/A | 76.9 | -22.8% |
| United States | 149 | 44.2 | N/A | 73.4 | -21.0% |
| El Salvador | 158 | 144 | N/A | 65.6 | -25.4% |
| Spain | 367 | N/A | N/A | N/A | 0% |
| Others | 3,090 | 2,231 | N/A | 1,120 | -28.7% |
| Total | 9,182 | 8,256 | N/A | 4,128 | -23.4% |
Top Export Markets for Process Control, Gate, Globe and Other Valves from Panama in 2022:
- Venezuela (18.2 tons)
- Colombia (18.1 tons)
- Costa Rica (9.5 tons)
- Honduras (7.5 tons)
- Trinidad and Tobago (7.1 tons)
- Dominican Republic (6.5 tons)
- Nicaragua (6.4 tons)
- Cuba (5.0 tons)
- Guatemala (4.0 tons)
- Jamaica (2.3 tons)
- United States (2.2 tons)
- El Salvador (2.0 tons)
This report provides an in-depth analysis of the market for process control, gate, globe and other valves 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 28141233 - Mixing valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check valves, s afety/relief valves
- Prodcom 28141235 - Taps, cocks and valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressurereducing/ oleohydraulic transmissions, check, safety, relief and mixing valves
- Prodcom 28141253 - Central heating radiator thermostatic valves
- Prodcom 28141255 - Central heating radiator valves, other
- Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
- Prodcom 28141315 - Process control valves for pipes, boiler shells, tanks etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check, s afety/relief valves, temp. regulators
- Prodcom 28141353 - Globe valves, of cast iron
- Prodcom 28141355 - Globe valves, of steel
- Prodcom 28141373 - Ball and plug valves
- Prodcom 28141375 - Butterfly valves
- Prodcom 28141377 - Diaphragm valves
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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