Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama - 2022

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama (FOB) - 2022
  2. Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama (CIF) - 2022
  3. Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama
  4. Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama

Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama (FOB) - 2022

In 2022, the average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $17,305 per unit, reducing by -4.1% against the previous year. Over the period under review, the export price, however, recorded notable growth. The growth pace was the most rapid in 2018 an increase of 139%. As a result, the export price attained the peak level of $21,714 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +97.8% per year.

Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama (CIF) - 2022

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $10,835 per unit in 2022, with an increase of 9.1% against the previous year. In general, the import price, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 329%. The import price peaked at $17,870 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +208.6% per year.

Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama

Exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from Panama totaled 7 units in 2022, standing approx. at the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms declined modestly to $121K in 2022. In general, exports continue to indicate a pronounced slump. The smallest decline of -4.1% was in 2021. Over the period under review, the exports of reached the peak figure at $137K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala137131126121-4.1%
ColombiaN/A1.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total137132126121-4.1%

Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Panama in 2022:

  1. Guatemala (7.0 units)

Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama

In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms imported into Panama soared to 5 units, rising by 25% on the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms skyrocketed to $54K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States21.429.139.754.236.3%
OthersN/AN/AN/AN/A0%
Total21.429.139.754.236.3%

Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Panama in 2022:

  1. United States (5.0 units)

Source: IndexBox Market Intelligence Platform

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