Panama - Planing, Milling Or Moulding Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Milling Machine Price in Panama - 2022
Contents:
- Wood Milling Machine Price in Panama (CIF) - 2022
- Wood Milling Machine Price in Panama (FOB) - 2022
- Wood Milling Machine Imports in Panama
- Wood Milling Machine Exports in Panama
Wood Milling Machine Price in Panama (CIF) - 2022
The average wood milling machine import price stood at $3,284 per unit in 2022, picking up by 31% against the previous year. In general, the import price posted strong growth. The most prominent rate of growth was recorded in 2017 an increase of 93% against the previous year. Over the period under review, average import prices hit record highs at $3,707 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 the United States ($5,853 per unit), while the price for Spain ($428 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Milling Machine Price in Panama (FOB) - 2022
Panama has no trade partners to describe.
Wood Milling Machine Imports in Panama
In 2022, after three years of growth, there was significant decline in purchases abroad of planing, milling or moulding machines, when their volume decreased by -45.7% to 70 units. Overall, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 158% against the previous year. As a result, imports reached the peak of 129 units, and then declined dramatically in the following year.
In value terms, wood milling machine imports contracted markedly to $230K in 2022. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports attained the peak of $324K, and then fell rapidly in the following year.
| Import of Wood Milling Machine in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 11.4 | 25.7 | 164 | 341.9% |
| China | 39.5 | 110 | 213 | 47.1 | 6.0% |
| Free Zones | 3.6 | 3.7 | 43.9 | 9.2 | 36.7% |
| Taiwan (Chinese) | 41.8 | 20.2 | 23.1 | 3.9 | -54.6% |
| Spain | N/A | 1.5 | 1.5 | 0.9 | -22.5% |
| Italy | 49.8 | 15.0 | 15.0 | N/A | -45.1% |
| Others | 21.8 | 3.8 | 2.4 | 4.9 | -39.2% |
| Total | 158 | 166 | 324 | 230 | 13.3% |
Top Suppliers of Wood Milling Machine to Panama in 2022:
- China (35.0 units)
- United States (28.0 units)
- Free Zones (2.0 units)
- Spain (2.0 units)
- Taiwan (Chinese) (1.0 units)
Wood Milling Machine Exports in Panama
Wood milling machine exports from Panama dropped significantly to 1 units in 2022, with a decrease of -91.7% against the previous year's figure. Overall, exports faced a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 300%. As a result, the exports attained the peak of 12 units, and then reduced dramatically in the following year.
In value terms, wood milling machine exports dropped rapidly to $6.1K in 2022. Over the period under review, exports saw a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 723% against the previous year. As a result, the exports reached the peak of $52K, and then reduced rapidly in the following year.
| Export of Wood Milling Machine in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 0.1 | N/A | N/A | N/A | 0% |
| Dominican Republic | 0.3 | N/A | N/A | N/A | 0% |
| Costa Rica | 9.3 | N/A | N/A | N/A | 0% |
| Saint Lucia | N/A | 2.5 | N/A | N/A | 0% |
| Venezuela | N/A | 0.2 | N/A | N/A | 0% |
| Jamaica | 4.5 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 3.6 | 51.6 | 6.1 | 19.2% |
| Total | 17.9 | 6.3 | 51.6 | 6.1 | -30.2% |
Top Export Markets for Wood Milling Machine from Panama in 2022:
This report provides an in-depth analysis of the wood milling machine 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 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
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
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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
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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
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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
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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
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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
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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
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