Panama - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPetroleum-Engine Cargo Trucks Price in Panama - 2023
Contents:
- Petroleum-Engine Cargo Trucks Price in Panama (CIF) - 2023
- Petroleum-Engine Cargo Trucks Price in Panama (FOB) - 2022
- Petroleum-Engine Cargo Trucks Imports in Panama
- Petroleum-Engine Cargo Trucks Exports in Panama
Petroleum-Engine Cargo Trucks Price in Panama (CIF) - 2023
The average petroleum-engine cargo trucks import price stood at $19,822 per unit in September 2023, increasing by 3.6% against the previous month. Over the period under review, import price indicated modest growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, petroleum-engine cargo trucks import price increased by +13.7% against July 2023 indices. The pace of growth was the most pronounced in November 2022 an increase of 77% against the previous month. As a result, import price reached the peak level of $33,184 per unit; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($31,007 per unit), while the price for China ($18,378 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Price in Panama (FOB) - 2022
In 2022, the average petroleum-engine cargo trucks export price amounted to $38,220 per unit, surging by 442% against the previous year. Overall, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 473%. The export price peaked in 2022 and is expected to retain growth in years to come.
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 Guyana ($52,243 per unit), while the average price for exports to Guatemala ($777 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 Jamaica (+113.7%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Imports in Panama
Petroleum-engine cargo trucks imports into Panama surged to 337 units in 2022, increasing by 18% on the previous year. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 73%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, petroleum-engine cargo trucks imports skyrocketed to $5.9M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Petroleum-Engine Cargo Trucks in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,567 | 1,236 | 2,018 | 2,643 | 19.0% |
| Indonesia | 735 | 533 | 1,068 | 1,444 | 25.2% |
| United States | 313 | 875 | 189 | 947 | 44.6% |
| Brazil | 128 | 60.3 | 202 | 451 | 52.2% |
| Japan | 84.7 | 15.7 | 85.4 | 439 | 73.1% |
| United Arab Emirates | 52.8 | 98.5 | 1,259 | N/A | 388.3% |
| Others | 267 | 297 | 112 | N/A | -35.2% |
| Total | 3,148 | 3,115 | 4,934 | 5,923 | 23.5% |
Top Suppliers of Petroleum-Engine Cargo Trucks to Panama in 2022:
- China (154.0 units)
- Indonesia (79.0 units)
- United States (56.0 units)
- Japan (26.0 units)
- Brazil (22.0 units)
Petroleum-Engine Cargo Trucks Exports in Panama
In 2022, the amount of goods vehicles, with spark-ignition internal combustion piston engine exported from Panama fell markedly to 48 units, with a decrease of -48.9% compared with 2021 figures. In general, exports showed a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 348% against the previous year. Over the period under review, the exports attained the maximum at 154 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, petroleum-engine cargo trucks exports surged to $1.8M in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 218%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Petroleum-Engine Cargo Trucks in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | N/A | N/A | N/A | 1,724 | 0% |
| Nigeria | 797 | 79.9 | 662 | 82.4 | -53.1% |
| United States | N/A | N/A | N/A | 11.0 | 0% |
| Zambia | N/A | N/A | N/A | 8.1 | 0% |
| El Salvador | N/A | N/A | N/A | 7.1 | 0% |
| Niger | N/A | 2.1 | N/A | 1.2 | -24.4% |
| Guatemala | 94.9 | 40.1 | 0.3 | 0.8 | -79.6% |
| Others | 5.3 | 86.5 | N/A | N/A | 1532.1% |
| Total | 897 | 209 | 663 | 1,835 | 26.9% |
Top Export Markets for Petroleum-Engine Cargo Trucks from Panama in 2022:
- Guyana (33.0 units)
- Nigeria (10.0 units)
- El Salvador (1.0 units)
- Zambia (1.0 units)
- United States (1.0 units)
- Guatemala (1.0 units)
- Niger (1.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
128
This report provides an in-depth analysis of the petroleum-engine cargo trucks market in Panama.
81
This report provides an in-depth analysis of the truck market in Panama.
74
This report provides an in-depth analysis of the off-highway dumper market in Panama.
454
This report provides an in-depth analysis of the global petroleum-engine cargo trucks market.
3397
This report provides an in-depth analysis of the global truck market.
973
This report provides an in-depth analysis of the global off-highway dumper market.
128
This report provides an in-depth analysis of the petroleum-engine cargo trucks market in Panama.
81
This report provides an in-depth analysis of the truck market in Panama.
74
This report provides an in-depth analysis of the off-highway dumper market in Panama.
454
This report provides an in-depth analysis of the global petroleum-engine cargo trucks market.
80
Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.
3332
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
816
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
80
Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.
3332
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
816
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
