Report Update May 1, 2024

Panama - Wheeled Dozers - Market Analysis, Forecast, Size, Trends and Insights

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Panama: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Panama

For the fourth consecutive year, the Panamanian wheeled dozer market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption enjoyed a resilient expansion. Wheeled dozer consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Wheeled Dozer Production in Panama

In value terms, wheeled dozer production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Wheeled Dozer Exports

Exports from Panama

In 2022, after four years of growth, there was significant decline in overseas shipments of wheeled dozers, when their volume decreased by X% to X units. In general, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, wheeled dozer exports shrank notably to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Guatemala (X units), Cuba (X units) and Jamaica (X units) were the main destinations of wheeled dozer exports from Panama, with a combined X% share of total exports. Moreover, wheeled dozer exports in Guatemala exceeded the figures recorded by the second-largest exporter, Cuba, twofold.

From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheeled dozer exported from Panama were Guatemala ($X), Suriname ($X) and Guyana ($X), with a combined X% share of total exports. Cuba and Jamaica lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Cuba, with a CAGR of X%, recorded 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

The average wheeled dozer export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted markedly in the following year.

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 Suriname ($X per unit), while the average price for exports to Jamaica ($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 Cuba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Dozer Imports

Imports into Panama

In 2022, overseas purchases of wheeled dozers decreased by X% to X units, falling for the second consecutive year after two years of decline. In general, imports saw a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, wheeled dozer imports dropped rapidly to $X in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main wheeled dozer supplier to Panama, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of wheeled dozers to Panama.

From 2012 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

The average wheeled dozer 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, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to X.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheeled dozers in the world?

The countries with the highest volumes of consumption in 2022 were Spain, the United States and South Africa, together comprising 45% of global consumption. Indonesia, Yemen, Romania, India, Thailand, Slovakia, Belgium, Singapore, Cambodia and Malaysia lagged somewhat behind, together comprising a further 24%.

What are the largest producers of wheeled dozers in the world?

The United States remains the largest wheeled dozer producing country worldwide, comprising approx. 29% of total volume. Moreover, wheeled dozer production in the United States exceeded the figures recorded by the second-largest producer, South Africa, threefold. The third position in this ranking was held by Indonesia, with a 6.7% share.

What are the leading suppliers of wheeled dozers to Panama?

In value terms, China constituted the largest supplier of wheeled dozers to Panama.

What are the leading importers of wheeled dozers from Panama?

In value terms, the largest markets for wheeled dozer exported from Panama were Guatemala, Suriname and Guyana, with a combined 81% share of total exports. Cuba and Jamaica lagged somewhat behind, together accounting for a further 19%.

What is the average export price for wheeled dozers in Panama?

The average wheeled dozer export price stood at $58,962 per unit in 2022, reducing by -19.3% against the previous year.

What is the average import price for wheeled dozers in Panama?

In 2022, the average wheeled dozer import price amounted to $2,821 per unit, with an increase of 14% against the previous year.

This report provides an in-depth analysis of the wheeled dozer 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 28922150 - Wheeled dozers (excluding track-laying)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023