Report Update: May 1, 2024

Panama - Hydraulic Presses For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Hydraulic Press Price in Panama - 2022

Hydraulic Press Price in Panama (CIF) - 2022

In 2022, the average hydraulic press import price amounted to $1,699 per unit, growing by 13% against the previous year. Overall, the import price continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 96% against the previous year. As a result, import price attained the peak level of $3,784 per unit. From 2018 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 the Netherlands ($9,537 per unit), while the price for China ($556 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+68.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Hydraulic Press Price in Panama (FOB) - 2022

The average hydraulic press export price stood at $2,680 per unit in 2022, with an increase of 504% against the previous year. Overall, the export price, however, showed a abrupt downturn. The export price peaked at $7,518 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($9,420 per unit), while the average price for exports to Jamaica ($27 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 Guatemala (+52.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Press Imports in Panama

In 2022, imports of hydraulic presses for working metal into Panama reduced dramatically to 167 units, dropping by -36.3% compared with the year before. Overall, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, imports attained the peak of 262 units, and then reduced remarkably in the following year.

In value terms, hydraulic press imports reduced notably to $284K in 2022. In general, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 124%. As a result, imports attained the peak of $392K, and then dropped significantly in the following year.

Import of Hydraulic Press in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	0.5	6.5	137	96.9	478.7%
United States	4.3	14.4	94.3	66.7	149.4%
South Korea	39.0	42.4	47.9	40.4	1.2%
Taiwan (Chinese)	0.1	26.1	24.6	17.4	458.3%
China	31.1	15.3	18.2	13.9	-23.5%
Germany	15.1	14.0	13.6	9.8	-13.4%
Free Zones	10.4	3.0	7.3	5.2	-20.6%
Mexico	5.9	9.6	0.6	3.4	-16.8%
Spain	4.3	1.8	4.6	3.3	-8.4%
Uruguay	9.8	3.2	2.4	3.2	-31.1%
Brazil	1.6	8.5	2.8	2.9	21.9%
Chile	6.1	4.7	3.7	2.2	-28.8%
Australia	24.8	N/A	N/A	N/A	0%
Others	24.5	25.7	35.2	18.4	-9.1%
Total	178	175	392	284	16.9%

Top Suppliers of Hydraulic Press to Panama in 2022:

Italy (51.0 units)
United States (35.0 units)
China (25.0 units)
South Korea (21.0 units)
Taiwan (Chinese) (9.0 units)
Germany (5.0 units)
Free Zones (3.0 units)
Brazil (2.0 units)
Uruguay (2.0 units)
Mexico (2.0 units)
Spain (2.0 units)
Chile (1.0 units)

Hydraulic Press Exports in Panama

Hydraulic press exports from Panama expanded notably to 16 units in 2022, with an increase of 6.7% on 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at 17 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic press exports soared to $43K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $79K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Hydraulic Press in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	2.7	33.8	2.9	18.8	91.0%
Dominican Republic	12.0	13.2	1.2	8.1	-12.3%
Ecuador	7.7	9.4	0.9	7.0	-3.1%
Brazil	3.2	3.5	0.3	2.2	-11.7%
Guatemala	2.6	1.1	0.3	2.0	-8.4%
Chile	4.3	3.9	0.3	1.6	-28.1%
Costa Rica	2.2	1.3	N/A	0.7	-31.7%
El Salvador	0.5	0.6	N/A	0.3	-15.7%
Belize	0.1	0.1	N/A	0.1	0.0%
Colombia	0.2	0.2	N/A	0.1	-20.6%
Guyana	0.2	0.1	N/A	0.1	-20.6%
Nicaragua	0.2	0.2	N/A	0.1	-20.6%
Jamaica	0.1	0.1	N/A	N/A	0.0%
Others	5.8	11.7	0.6	1.8	-32.3%
Total	41.7	79.1	6.7	42.9	1.0%

Top Export Markets for Hydraulic Press from Panama in 2022:

Honduras (2.0 units)
Brazil (1.0 units)
Jamaica (1.0 units)
Colombia (1.0 units)
El Salvador (1.0 units)
Guyana (1.0 units)
Costa Rica (1.0 units)
Guatemala (1.0 units)
Chile (1.0 units)
Dominican Republic (1.0 units)
Belize (1.0 units)
Nicaragua (1.0 units)
Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hydraulic press 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 28413350 - Hydraulic presses for working metal

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