Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama - 2022

Contents:

  1. Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama (CIF) - 2022
  2. Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama (FOB) - 2022
  3. Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama
  4. Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama

Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama (CIF) - 2022

The average import price for video recording or reproducing apparatus; other than magnetic tape-types stood at $237 per unit in 2022, increasing by 34% against the previous year. In general, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 157%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($301 per unit), while the price for China ($94 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama (FOB) - 2022

The average export price for video recording or reproducing apparatus; other than magnetic tape-types stood at $824 per unit in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 56%. The export price peaked at $888 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($6,413 per unit), while the average price for exports to Jamaica ($50 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 Ecuador (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama

For the third year in a row, Panama recorded decline in supplies from abroad of video recording or reproducing apparatus; other than magnetic tape-types, which decreased by -17.9% to 15K units in 2022. Overall, imports saw a dramatic downturn. Imports peaked at 328K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of video recording or reproducing apparatus; other than magnetic tape-types expanded significantly to $3.4M in 2022. Over the period under review, imports faced a sharp slump. Over the period under review, imports of reached the maximum at $18M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.10.40.41.22.9%
Free Zones1.51.00.81.2-7.2%
China14.612.20.50.6-65.5%
Others1.21.71.40.4-30.7%
Total18.515.33.13.4-43.1%

Top Suppliers of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type to Panama in 2022:

  1. China (5.9K units)
  2. United States (4.1K units)
  3. Free Zones (4.0K units)

Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama

In 2022, the amount of video recording or reproducing apparatus; other than magnetic tape-types exported from Panama stood at 7.3K units, approximately reflecting the year before. In general, exports faced a precipitous decrease. The smallest decline of -28.3% was in 2020. Over the period under review, the exports of reached the maximum at 19K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types totaled $6M in 2022. Overall, exports continue to indicate a sharp reduction. The smallest decline of -8.6% was in 2020. Over the period under review, the exports of attained the maximum at $13M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria790928N/A1,14013.0%
Colombia3,9042,967N/A1,071-35.0%
Nicaragua676441N/A555-6.4%
Venezuela400485N/A4181.5%
Argentina124435N/A37544.6%
Honduras403366N/A216-18.8%
Costa Rica302203N/A131-24.3%
Paraguay62.683.4N/A94.414.7%
Brazil19133.1N/A91.2-21.8%
Jamaica84.9102N/A78.4-2.6%
Guyana156138N/A38.2-37.4%
Bahamas18.023.7N/A28.015.9%
El Salvador623348N/AN/A-44.1%
Others5,4925,531N/A1,805-31.0%
Total13,22512,083N/A6,041-23.0%

Top Export Markets for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type from Panama in 2022:

  1. Jamaica (1574.0 units)
  2. Austria (1531.0 units)
  3. Venezuela (952.0 units)
  4. Nicaragua (745.0 units)
  5. Argentina (504.0 units)
  6. Honduras (290.0 units)
  7. Bahamas (269.0 units)
  8. Guyana (177.0 units)
  9. Costa Rica (176.0 units)
  10. Colombia (167.0 units)
  11. Paraguay (127.0 units)
  12. Brazil (123.0 units)
  13. El Salvador (1.0 units)

Source: IndexBox Market Intelligence Platform

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