Catheter and Cannula Price in Panama - 2023
Contents:
- Catheter and Cannula Price in Panama (CIF) - 2022
- Catheter and Cannula Price in Panama (FOB) - 2022
- Catheter and Cannula Imports in Panama
- Catheter and Cannula Exports in Panama
Catheter and Cannula Price in Panama (CIF) - 2022
In 2022, the average catheter and cannula import price amounted to $0.2 per unit, growing by 16% against the previous year. Over the period under review, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 41% against the previous year. The import price peaked at $0.3 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($0.5 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Catheter and Cannula Price in Panama (FOB) - 2022
In 2021, the average catheter and cannula export price amounted to $0.2 per unit, dropping by -24.6% against the previous year. Over the period under review, the export price saw a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 32%. Over the period under review, the average export prices attained the maximum at $0.4 per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saint Vincent and the Grenadines ($0.3 per unit), while the average price for exports to Ecuador (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+65.6%), while the prices for the other major destinations experienced more modest paces of growth.
Catheter and Cannula Imports in Panama
In 2022, after three years of growth, there was significant decline in purchases abroad of catheters and cannulae, when their volume decreased by -22.8% to 68M units. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of 88M units, and then shrank notably in the following year.
In value terms, catheter and cannula imports shrank to $14M in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Catheter and Cannula in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 3.4 | 6.2 | 5.2 | -5.2% |
| Free Zones | 3.1 | 5.0 | 4.1 | 3.7 | 6.1% |
| China | 2.8 | 1.1 | 1.1 | 1.1 | -26.8% |
| Mexico | 1.1 | 0.5 | 0.7 | 0.6 | -18.3% |
| Germany | 0.4 | 0.2 | 0.4 | 0.6 | 14.5% |
| France | 0.2 | 0.2 | 0.6 | 0.5 | 35.7% |
| India | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 3.2 | 3.6 | 2.7 | 2.7 | -5.5% |
| Total | 17.1 | 14.1 | 16.0 | 14.4 | -5.6% |
Top Suppliers of Catheter and Cannula to Panama in 2022:
- United States (19.1M units)
- China (17.2M units)
- Free Zones (16.9M units)
- Mexico (4.1M units)
- Germany (1.8M units)
- India (1.2M units)
- France (1.1M units)
Catheter and Cannula Exports in Panama
Catheter and cannula exports from Panama soared to 6.5M units in 2021, increasing by 119% compared with 2020. Over the period under review, exports enjoyed a perceptible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, catheter and cannula exports surged to $1.5M in 2021. In general, exports, however, recorded a deep setback. The exports peaked at $2.2M in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
| Export of Catheter and Cannula in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Guatemala | 613 | 281 | 609 | -0.3% | |
| Costa Rica | 980 | 522 | 396 | -36.4% | |
| Chile | 4.3 | 9.3 | 286 | 715.5% | |
| Saint Vincent and the Grenadines | N/A | 0.6 | 67.4 | 11133.3% | |
| Jamaica | 25.8 | 8.1 | 52.8 | 43.1% | |
| Ecuador | N/A | N/A | 38.3 | 0% | |
| Dominican Republic | 141 | 23.0 | 0.6 | -93.5% | |
| Peru | 180 | N/A | N/A | 0% | |
| Others | 216 | 92.4 | 97.8 | -32.7% | |
| Total | 2,160 | 936 | 1,548 | -15.3% | |
Top Export Markets for Catheter and Cannula from Panama in 2022:
- Guatemala (2000.6K units)
- Costa Rica (1773.2K units)
- Ecuador (909.4K units)
- Chile (889.8K units)
- Jamaica (529.2K units)
- Saint Vincent and the Grenadines (209.5K units)
- Dominican Republic (2.4K units)
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