Price for Tanker Trailer and Semi-Trailers in Panama - 2023
Contents:
- Price for Tanker Trailer and Semi-Trailers in Panama (CIF) - 2022
- Imports of Tanker Trailer and Semi-Trailers in Panama
Price for Tanker Trailer and Semi-Trailers in Panama (CIF) - 2022
The average tanker trailer and semi-trailers import price stood at $38,797 per unit in 2022, which is down by -30.9% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 115%. Over the period under review, average import prices reached the peak figure at $56,121 per unit in 2021, and then shrank rapidly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($38,849 per unit), while the price for China amounted to $38,736 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tanker Trailer and Semi-Trailers in Panama
In 2022, tanker trailer and semi-trailers imports into Panama soared to 46 units, increasing by 100% compared with 2021. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tanker trailer and semi-trailers imports skyrocketed to $1.8M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Tanker Trailer and Semi-Trailers in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 218 | 190 | 518 | 971 | 64.5% |
| China | 117 | 599 | 123 | 813 | 90.8% |
| Costa Rica | 8.3 | 3.3 | N/A | N/A | -60.2% |
| Mexico | 554 | 444 | 594 | N/A | 3.5% |
| Canada | 4.2 | 2.2 | 11.3 | N/A | 64.0% |
| Others | 15.1 | 47.0 | 45.4 | N/A | 73.4% |
| Total | 917 | 1,285 | 1,291 | 1,785 | 24.9% |
Top Suppliers of Tanker Trailer and Semi-Trailers to Panama in 2022:
- United States (25.0 units)
- China (21.0 units)
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