Panama: Video Projector Market 2024

Video Projector Market Size in Panama

In 2022, the Panamanian video projector market was finally on the rise to reach $X after three years of decline. Overall, consumption posted a prominent expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Video Projector Production in Panama

In value terms, video projector production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Video Projector Exports

Exports from Panama

In 2022, overseas shipments of video projectors were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, showed a significant contraction. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, video projector exports soared to $X in 2022. Overall, exports, however, showed a sharp descent. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X units), Cuba (X units) and the United States (X units) were the main destinations of video projector exports from Panama, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cuba (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for video projector exported from Panama were Colombia ($X), Cuba ($X) and Ecuador ($X), with a combined X% share of total exports.

Among the main countries of destination, Cuba, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average video projector export price amounted to $X per unit, which is down by X% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Chile ($X 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 Venezuela (X%), while the prices for the other major destinations experienced mixed trend patterns.

Video Projector Imports

Imports into Panama

In 2022, after three years of decline, there was significant growth in purchases abroad of video projectors, when their volume increased by X% to X units. In general, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, video projector imports soared to $X in 2022. Overall, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), Free Zones (X units) and China (X units) were the main suppliers of video projector imports to Panama, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest video projector suppliers to Panama were the United States ($X), Free Zones ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, Free Zones, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average video projector import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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