Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama - 2024
Contents:
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama (CIF) - 2022
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama (FOB) - 2022
- Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama
- Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama (CIF) - 2022
The average import price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $3.5 per unit in 2022, waning by -52.6% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 43%. The import price peaked at $13 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11 per unit), while the price for China ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama (FOB) - 2022
The average export price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $3.4 per unit in 2022, declining by -65.8% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 224% against the previous year. As a result, the export price reached the peak level of $10 per unit, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($24 per unit), while the average price for exports to Antigua and Barbuda ($0.6 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 the United States (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama
In 2022, overseas purchases of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -7.8% to 9.3K units, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 98% against the previous year. As a result, imports reached the peak of 48K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses shrank dramatically to $33K in 2022. Over the period under review, imports saw a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 153%. As a result, imports reached the peak of $435K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 91.9 | 313 | 58.6 | 14.7 | -45.7% |
| China | 66.6 | 100 | 5.7 | 14.6 | -39.7% |
| Free Zones | 5.9 | 10.7 | 8.6 | 3.1 | -19.3% |
| Others | 7.6 | 11.9 | 1.5 | 0.2 | -70.3% |
| Total | 172 | 435 | 74.4 | 32.5 | -42.6% |
Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Panama in 2022:
- China (6.4K units)
- United States (2.5K units)
- Free Zones (0.4K units)
Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama
For the fourth year in a row, Panama recorded growth in shipments abroad of cameras, photographic (excluding cinematographic); parts and accessorieses, which increased by 175% to 4.3K units in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses contracted to $15K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 250%. As a result, the exports attained the peak of $16K, and then shrank in the following year.
| Export of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 9.9 | 11.1 | 12.1% |
| Barbados | N/A | N/A | N/A | 1.5 | 0% |
| Dominican Republic | N/A | N/A | N/A | 0.7 | 0% |
| Trinidad and Tobago | N/A | 0.2 | 0.2 | 0.5 | 58.1% |
| Costa Rica | 0.7 | N/A | 0.1 | 0.4 | -17.0% |
| Antigua and Barbuda | N/A | 0.5 | 0.3 | 0.4 | -10.6% |
| Ecuador | N/A | 1.6 | 1.8 | 0.3 | -56.7% |
| Aruba | N/A | 1.9 | N/A | N/A | 0% |
| Guatemala | 1.9 | 0.1 | N/A | N/A | -94.7% |
| Others | 0.2 | 0.1 | 3.3 | N/A | 306.2% |
| Total | 2.8 | 4.5 | 15.7 | 14.7 | 73.8% |
Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Panama in 2022:
- Barbados (1594.0 units)
- Antigua and Barbuda (622.0 units)
- Costa Rica (610.0 units)
- Dominican Republic (589.0 units)
- United States (463.0 units)
- Trinidad and Tobago (242.0 units)
- Ecuador (80.0 units)
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