Concrete Mixer Price in Panama - 2022
Contents:
- Concrete Mixer Price in Panama (CIF) - 2022
- Concrete Mixer Price in Panama (FOB) - 2022
- Concrete Mixer Imports in Panama
- Concrete Mixer Exports in Panama
Concrete Mixer Price in Panama (CIF) - 2022
The average concrete mixer import price stood at $1,271 per unit in 2022, jumping by 62% against the previous year. Over the period under review, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Free Zones ($4,619 per unit), while the price for China ($357 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+129.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Concrete Mixer Price in Panama (FOB) - 2022
In 2022, the average concrete mixer export price amounted to $809 per unit, therefore, remained relatively stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. As a result, the export price attained the peak level of $899 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($810 per unit), while the average price for exports to Cuba amounted to $809 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Concrete Mixer Imports in Panama
In 2022, imports of concrete or mortar mixers into Panama skyrocketed to 1.6K units, rising by 31% against the previous year. In general, imports, however, recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. Over the period under review, imports hit record highs at 3.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, concrete mixer imports surged to $2M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 160% against the previous year. Imports peaked at $2.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Concrete Mixer in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.3 | 8.7 | N/A | 879 | 543.4% |
| Free Zones | 10.8 | 5.9 | 3.3 | 411 | 236.4% |
| Colombia | 8.3 | N/A | 208 | 254 | 212.8% |
| Mexico | 160 | 81.2 | 183 | 122 | -8.6% |
| Brazil | 98.4 | 45.0 | 111 | 113 | 4.7% |
| China | 1,225 | 52.4 | 33.6 | 99.2 | -56.7% |
| Italy | 722 | N/A | 197 | 23.6 | -68.0% |
| United States | 58.1 | 6.6 | 12.9 | 10.1 | -44.2% |
| Others | 118 | 161 | 188 | 70.6 | -15.7% |
| Total | 2,404 | 361 | 937 | 1,983 | -6.2% |
Top Suppliers of Concrete Mixer to Panama in 2022:
- Sweden (358.0 units)
- Colombia (349.0 units)
- China (278.0 units)
- Mexico (217.0 units)
- Brazil (192.0 units)
- Free Zones (89.0 units)
- Italy (28.0 units)
- United States (22.0 units)
Concrete Mixer Exports in Panama
In 2022, shipments abroad of concrete or mortar mixers decreased by 0% to 75 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 317%. As a result, the exports reached the peak of 150 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, concrete mixer exports totaled $61K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 296% against the previous year. As a result, the exports attained the peak of $121K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Concrete Mixer in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 20.8 | 79.8 | N/A | 51.7 | 35.5% |
| Jamaica | 1.1 | 13.8 | N/A | 8.9 | 100.8% |
| Barbados | N/A | 5.0 | N/A | N/A | 0% |
| Venezuela | N/A | 6.5 | N/A | N/A | 0% |
| Guyana | 5.2 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 16.2 | N/A | N/A | 350.0% |
| Total | 30.6 | 121 | N/A | 60.7 | 25.6% |
Top Export Markets for Concrete Mixer from Panama in 2022:
- Cuba (64.0 units)
- Jamaica (11.0 units)
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