Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama - 2022
Contents:
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama (CIF) - 2022
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama (FOB) - 2022
- Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama
- Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama (CIF) - 2022
In 2022, the average import price for printing machinery; offset, (excluding reel or sheet fed)s amounted to $4,249 per unit, with an increase of 5.7% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for printing machinery; offset, (excluding reel or sheet fed)s increased by +47.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 51%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
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 ($5,305 per unit), while the price for China ($1,063 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama (FOB) - 2022
The average export price for printing machinery; offset, (excluding reel or sheet fed)s stood at $8,106 per unit in 2022, increasing by 8.1% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 69%. The export price peaked at $17,307 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 Guatemala ($41,148 per unit), while the average price for exports to Cuba ($955 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 (+34.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama
For the third year in a row, Panama recorded decline in purchases abroad of printing machinery; offset, (excluding reel or sheet fed)s, which decreased by -46.7% to 96 units in 2022. Overall, imports recorded a dramatic decline. The smallest decline of -20.6% was in 2020. Over the period under review, imports of attained the peak figure at 413 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of printing machinery; offset, (excluding reel or sheet fed)s reduced dramatically to $408K in 2022. Over the period under review, imports showed a sharp downturn. The smallest decline of -17.9% was in 2020. Over the period under review, imports of attained the peak figure at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 10.5 | 84.6 | 61.9 | 313 | 210.1% |
| United States | 277 | 331 | 90.4 | 56.1 | -41.3% |
| China | 161 | 73.2 | 52.5 | 20.2 | -49.9% |
| Portugal | 73.9 | 112 | 98.9 | 2.1 | -69.5% |
| Belgium | 344 | 12.5 | 59.3 | N/A | -58.5% |
| Chile | 42.4 | 42.1 | 27.5 | N/A | -19.5% |
| United Kingdom | 40.6 | 41.8 | 19.9 | N/A | -30.0% |
| Israel | 110 | 67.5 | 23.8 | N/A | -53.5% |
| Others | 132 | 213 | 289 | 16.5 | -50.0% |
| Total | 1,192 | 978 | 723 | 408 | -30.0% |
Top Suppliers of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) to Panama in 2022:
- Free Zones (59.0 units)
- China (19.0 units)
- United States (11.0 units)
- Portugal (1.0 units)
Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama
In 2022, the amount of printing machinery; offset, (excluding reel or sheet fed)s exported from Panama skyrocketed to 71 units, jumping by 54% against the previous year. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of printing machinery; offset, (excluding reel or sheet fed)s skyrocketed to $576K in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 81%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 28.9 | 16.5 | 115 | 247 | 104.5% |
| Brazil | 66.7 | 171 | 150 | 222 | 49.3% |
| Cuba | 4.2 | 17.8 | 13.1 | 16.2 | 56.8% |
| Others | 41.0 | 50.0 | 67.8 | 90.2 | 30.1% |
| Total | 141 | 255 | 345 | 576 | 59.9% |
Top Export Markets for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) from Panama in 2022:
- Brazil (27.0 units)
- Cuba (17.0 units)
- Guatemala (6.0 units)
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