Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama - 2024

Contents:

  1. Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama (CIF) - 2022
  2. Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama (FOB) - 2022
  3. Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama
  4. Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama

Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama (CIF) - 2022

The average import price for road-sweepers, mobile workshops and other special purpose vehicles stood at $90,396 per unit in 2022, picking up by 1.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 9.4%. Over the period under review, average import prices reached the maximum at $97,580 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($91,567 per unit), while the price for Mexico ($85,293 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.2%), while the prices for the other major suppliers experienced a decline.

Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama (FOB) - 2022

In 2022, the average export price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $54,985 per unit, shrinking by -14.4% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 322%. The export price peaked at $240,664 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($103,065 per unit), while the average price for exports to Guatemala ($1,779 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 Costa Rica (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama

Imports of road-sweepers, mobile workshops and other special purpose vehicles into Panama surged to 260 units in 2022, increasing by 505% compared with the previous year's figure. Overall, imports, however, saw a precipitous setback. Over the period under review, imports of reached the maximum at 711 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles surged to $24M in 2022. In general, imports, however, showed a sharp shrinkage. Over the period under review, imports of attained the maximum at $69M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States64.71.23.322.7-29.5%
China1.0N/AN/A0.5-20.6%
Mexico1.5N/AN/A0.2-48.9%
Germany1.60.1N/AN/A-93.8%
Others0.30.30.40.1-30.7%
Total69.01.63.823.5-30.2%

Top Suppliers of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles to Panama in 2022:

  1. United States (251.0 units)
  2. China (5.0 units)
  3. Mexico (2.0 units)

Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama

For the fourth year in a row, Panama recorded growth in overseas shipments of road-sweepers, mobile workshops and other special purpose vehicles, which increased by 175% to 11 units in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles skyrocketed to $605K in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuyanaN/AN/AN/A3090%
SurinameN/AN/AN/A1930%
Spain3.656.4N/A80.4181.6%
Costa RicaN/AN/AN/A20.00%
Guatemala40.9N/A0.51.8-64.7%
BeninN/A62.3N/AN/A0%
SenegalN/AN/A205N/A0%
France77.7N/AN/AN/A0%
India90.9N/AN/AN/A0%
ColombiaN/AN/A51.1N/A0%
AustraliaN/A150N/AN/A0%
OthersN/AN/AN/AN/A0%
Total21326925760541.6%

Top Export Markets for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles from Panama in 2022:

  1. Spain (4.0 units)
  2. Guyana (3.0 units)
  3. Suriname (2.0 units)
  4. Guatemala (1.0 units)
  5. Costa Rica (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Vehicles; break-down lorries, road-sweepers, spraying lorries, mobile workshops, mobile radiological units, and other special purpose vehicles n.e.s. in heading no. 8705 - Panama