Panama - Tamping Or Compacting Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTamping Machinery Price in Panama - 2023
Contents:
- Tamping Machinery Price in Panama (CIF) - 2023
- Tamping Machinery Price in Panama (FOB) - 2022
- Tamping Machinery Imports in Panama
- Tamping Machinery Exports in Panama
Tamping Machinery Price in Panama (CIF) - 2023
The average tamping machinery import price stood at $2,163 per unit in September 2023, approximately equating the previous month. In general, the import price continues to indicate modest growth. The most prominent rate of growth was recorded in January 2023 an increase of less than 0.1% m-o-m. The import price peaked in September 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +2.2% per month.
Tamping Machinery Price in Panama (FOB) - 2022
The average tamping machinery export price stood at $2,870 per unit in 2022, jumping by 32% against the previous year. Overall, the export price showed a remarkable increase. The growth pace was the most rapid in 2016 an increase of 157% against the previous year. As a result, the export price reached the peak level of $3,469 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($3,553 per unit), while the average price for exports to Jamaica ($1,474 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 Guatemala (+58.5%), while the prices for the other major destinations experienced more modest paces of growth.
Tamping Machinery Imports in Panama
Tamping machinery imports into Panama totaled 11 units in 2022, remaining relatively unchanged against the previous year's figure. Over the period under review, imports faced a precipitous slump. The smallest decline of -91.3% was in 2020. Imports peaked at 149 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, tamping machinery imports amounted to $19K in 2022. Overall, imports saw a sharp reduction. The smallest decline of -92.2% was in 2020. Over the period under review, imports attained the maximum at $310K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Tamping Machinery in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.5 | 16.2 | N/A | 12.5 | -45.6% |
| Belgium | N/A | N/A | N/A | 5.7 | 0% |
| United States | 12.3 | N/A | N/A | 0.7 | -61.5% |
| Free Zones | 26.5 | 1.8 | N/A | N/A | -93.2% |
| Germany | 10.5 | N/A | N/A | N/A | 0% |
| Peru | 18.9 | 1.0 | N/A | N/A | -94.7% |
| South Africa | 164 | N/A | N/A | N/A | 0% |
| Others | N/A | 5.3 | N/A | N/A | 0% |
| Total | 310 | 24.3 | N/A | 18.9 | -60.6% |
Top Suppliers of Tamping Machinery to Panama in 2022:
- China (7.0 units)
- Belgium (3.0 units)
- United States (1.0 units)
Tamping Machinery Exports in Panama
Tamping machinery exports from Panama soared to 22 units in 2022, rising by 175% on 2021 figures. In general, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports hit record highs at 29 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, tamping machinery exports skyrocketed to $63K in 2022. Overall, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tamping Machinery in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 2.4 | 2.9 | 8.1 | 29.4 | 130.5% |
| Colombia | 0.4 | 0.6 | 6.8 | 24.9 | 296.3% |
| Jamaica | 0.6 | 1.1 | 2.4 | 8.8 | 144.8% |
| Peru | N/A | 42.6 | N/A | N/A | 0% |
| United States | 2.1 | N/A | N/A | N/A | 0% |
| Guyana | 1.1 | N/A | N/A | N/A | 0% |
| Others | 38.3 | 2.0 | N/A | N/A | -94.8% |
| Total | 45.0 | 49.1 | 17.3 | 63.1 | 11.9% |
Top Export Markets for Tamping Machinery from Panama in 2022:
- Honduras (9.0 units)
- Colombia (7.0 units)
- Jamaica (6.0 units)
This report provides an in-depth analysis of the tamping machinery market 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 28923050 - (Towed and hand-held compaction equipment) Tamping or compacting machinery (excluding self-propelled)
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.
-
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
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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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