Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama - 2023
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama (CIF) - 2022
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama (FOB) - 2022
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama (CIF) - 2022
The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $27,098 per ton in 2022, waning by -13.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 36% against the previous year. As a result, import price attained the peak level of $52,577 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($114,733 per ton), while the price for Free Zones ($16,759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $98,035 per ton, declining by -29% against the previous year. Over the period under review, the export price, however, showed resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 1,793%. The export price peaked at $138,027 per ton in 2021, and then shrank significantly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Barbados ($107,787 per ton), while the average price for exports to Guatemala totaled $64,573 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (+224.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama
In 2022, imports of machinery; parts of machinery for making or finishing paper or paperboard into Panama contracted notably to 2 tons, reducing by -50% on 2021 figures. Overall, imports faced a dramatic shrinkage. The smallest decline of -13.5% was in 2021.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard declined dramatically to $54K in 2022. In general, imports continue to indicate a precipitous decrease. The smallest decline of -48.5% was in 2021.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.1 | 61.3 | 69.2 | 18.6 | -23.8% |
| Free Zones | N/A | N/A | 5.5 | 12.5 | 127.3% |
| Mexico | N/A | 8.8 | 22.4 | 9.9 | 6.1% |
| Colombia | 7.5 | N/A | N/A | 8.9 | 5.9% |
| China | 145 | 19.3 | 7.3 | 4.2 | -69.3% |
| Spain | 89.9 | N/A | N/A | N/A | 0% |
| Thailand | 159 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 70.2 | 55.3 | 5.7 | N/A | -71.5% |
| Brazil | 111 | 84.3 | 1.8 | N/A | -87.3% |
| Others | 12.6 | 14.0 | 13.4 | 0.1 | -80.1% |
| Total | 638 | 243 | 125 | 54.2 | -56.0% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Panama in 2022:
- United States (884.0 kg)
- Free Zones (743.0 kg)
- China (155.0 kg)
- Colombia (131.0 kg)
- Mexico (86.0 kg)
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama
After two years of decline, shipments abroad of machinery; parts of machinery for making or finishing paper or paperboard increased by 117% to 652 kg in 2022. Over the period under review, exports, however, saw a dramatic setback.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard soared to $64K in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 98%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Barbados | 22.0 | 37.9 | 38.3 | 54.5 | 35.3% |
| Guatemala | 6.0 | 1.5 | 2.8 | 9.2 | 15.3% |
| Paraguay | N/A | 18.0 | N/A | N/A | 0% |
| Others | 1.0 | N/A | 0.5 | 0.1 | -53.6% |
| Total | 29.0 | 57.4 | 41.5 | 63.9 | 30.1% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Panama in 2022:
- Barbados (506.0 kg)
- Guatemala (143.0 kg)
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