Panama - Line Telephone Sets With Cordless Handsets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Line Telephone Sets With Cordless Handsets - Market Analysis, Forecast, Size, Trends And Insights

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Line Telephone Price in Panama - 2022

Contents:

  1. Line Telephone Price in Panama (CIF) - 2022
  2. Line Telephone Price in Panama (FOB) - 2022
  3. Line Telephone Imports in Panama
  4. Line Telephone Exports in Panama

Line Telephone Price in Panama (CIF) - 2022

The average line telephone import price stood at $41 per unit in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Free Zones ($41 per unit) and Malaysia ($41 per unit), while the price for China ($40 per unit) and the United States ($40 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Line Telephone Price in Panama (FOB) - 2022

The average line telephone export price stood at $34 per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the export price recorded a mild decline. The pace of growth was the most pronounced in 2017 an increase of 1.8% against the previous year. The export price peaked at $40 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Venezuela ($31 per unit) and El Salvador ($31 per unit), while the average price for exports to Colombia ($31 per unit) and Costa Rica ($31 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-1.3%), while the prices for the other major destinations experienced a decline.

Line Telephone Imports in Panama

In 2022, the amount of line telephone sets with cordless handsets imported into Panama reduced remarkably to 18K units, which is down by -35.6% on the previous year's figure. In general, imports showed a precipitous contraction. The smallest decline of -10.6% was in 2020. Over the period under review, imports attained the peak figure at 222K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, line telephone imports dropped sharply to $742K in 2022. Over the period under review, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 10%. As a result, imports attained the peak of $7.3M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Line Telephone in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones645423569524-6.7%
China7521,212440166-39.6%
United States2012,21789.430.3-46.8%
Malaysia2,4751,1610.711.9-83.1%
Hong Kong SAR995625N/AN/A-37.2%
Japan570385N/AN/A-32.5%
Vietnam945706N/AN/A-25.3%
IndonesiaN/A49314.2N/A-97.1%
Others87.511637.110.7-50.4%
Total6,6707,3381,151742-51.9%

Top Suppliers of Line Telephone to Panama in 2022:

  1. Free Zones (12.7K units)
  2. China (4.1K units)
  3. United States (0.8K units)
  4. Malaysia (0.3K units)

Line Telephone Exports in Panama

In 2022, approx. 94K units of line telephone sets with cordless handsets were exported from Panama; standing approx. at the previous year. Overall, exports recorded a precipitous slump. The smallest decline of -8.1% was in 2020. The exports peaked at 205K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, line telephone exports totaled $3.2M in 2022. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of -11.6% was in 2020. Over the period under review, the exports reached the maximum at $7.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Line Telephone in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3,8254,182N/A1,692-23.8%
Ecuador503271N/A309-15.0%
Costa Rica523367N/A209-26.3%
Guatemala45175.8N/A123-35.2%
Uruguay311110N/A115-28.2%
United States330231N/A109-30.9%
Peru0.1235N/A95.0883.0%
Paraguay10288.7N/A74.4-10.0%
El Salvador17572.4N/A58.0-30.8%
Others959710N/A387-26.1%
Total7,1786,343N/A3,172-23.8%

Top Export Markets for Line Telephone from Panama in 2022:

  1. Colombia (54.1K units)
  2. Ecuador (9.9K units)
  3. Costa Rica (6.7K units)
  4. Guatemala (3.9K units)
  5. Uruguay (3.7K units)
  6. United States (3.5K units)
  7. Peru (3.0K units)
  8. Paraguay (2.4K units)
  9. El Salvador (1.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the line telephone 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 26302100 - Line telephone sets with cordless handsets

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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