Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Panama - 2022
Contents:
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Panama (CIF) - 2022
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Panama (FOB) - 2022
- Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Panama
- Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Panama
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Panama (CIF) - 2022
In 2022, the average import price for optical media; recorded, excluding products of chapter 37s amounted to $49 per unit, jumping by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($46 per unit) and Free Zones ($46 per unit), while the price for Taiwan (Chinese) ($39 per unit) and Vietnam ($45 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Panama (FOB) - 2022
In 2022, the average export price for optical media; recorded, excluding products of chapter 37s amounted to $506 per unit, increasing by 38% against the previous year. In general, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 73% against the previous year. Over the period under review, the average export prices reached the maximum at $1,877 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($2,249 per unit), while the average price for exports to Chile ($30 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 Dominican Republic (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Panama
In 2022, imports of optical media; recorded, excluding products of chapter 37s into Panama shrank significantly to 51K units, with a decrease of -36.6% on the previous year. In general, imports recorded a abrupt curtailment. The smallest decline of -1.8% was in 2020. Imports peaked at 94K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of optical media; recorded, excluding products of chapter 37s contracted remarkably to $2.5M in 2022. Overall, imports saw a deep reduction. The smallest decline of -10.6% was in 2021. Over the period under review, imports of reached the peak figure at $4.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Optical Media; Recorded, Excluding Products of Chapter 37 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,601 | 1,728 | 1,897 | 895 | -29.9% |
| Free Zones | 48.2 | 9.3 | 153 | 265 | 76.5% |
| Peru | N/A | 0.1 | 1.0 | 245 | 4849.7% |
| Japan | 222 | 152 | 413 | 167 | -9.1% |
| France | 125 | 20.5 | 31.0 | 149 | 6.0% |
| Austria | 3.1 | 4.4 | 15.9 | 117 | 235.4% |
| Costa Rica | 58.5 | 1.5 | 0.2 | 95.8 | 17.9% |
| Mexico | 207 | 146 | 75.7 | 69.9 | -30.4% |
| Germany | 124 | 29.1 | 70.1 | 55.2 | -23.6% |
| China | 45.4 | 538 | 39.0 | 36.6 | -6.9% |
| Guatemala | 129 | 87.9 | 181 | 31.2 | -37.7% |
| Colombia | 173 | 6.3 | 80.0 | 2.3 | -76.3% |
| Taiwan (Chinese) | 4.6 | 447 | 0.2 | 0.4 | -55.7% |
| Others | 522 | 511 | 334 | 366 | -11.2% |
| Total | 4,263 | 3,682 | 3,291 | 2,496 | -16.3% |
Top Suppliers of Optical Media; Recorded, Excluding Products of Chapter 37 to Panama in 2022:
- United States (19.3K units)
- Free Zones (5.7K units)
- Peru (5.3K units)
- Japan (3.6K units)
- France (3.2K units)
- Austria (2.5K units)
- Costa Rica (2.1K units)
- Mexico (1.5K units)
- Germany (1.2K units)
- China (0.8K units)
- Guatemala (0.7K units)
- Colombia (0.1K units)
Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Panama
In 2022, shipments abroad of optical media; recorded, excluding products of chapter 37s was finally on the rise to reach 2.8K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a drastic downturn. The exports peaked at 4.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of optical media; recorded, excluding products of chapter 37s soared to $1.4M in 2022. Overall, exports, however, continue to indicate a significant decrease. Over the period under review, the exports of hit record highs at $5.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Optical Media; Recorded, Excluding Products of Chapter 37 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 32.1 | 292 | 316 | 368 | 125.5% |
| Colombia | 794 | 1,705 | 314 | 327 | -25.6% |
| Dominican Republic | 14.3 | 46.9 | 11.3 | 288 | 172.1% |
| Guatemala | 1,539 | 57.3 | 96.6 | 180 | -51.1% |
| United States | 945 | 875 | 3.4 | 103 | -52.2% |
| Venezuela | 145 | 170 | 39.9 | 53.2 | -28.4% |
| Ecuador | 328 | 23.7 | 30.9 | 2.7 | -79.8% |
| Chile | 1,186 | 286 | N/A | N/A | -75.9% |
| Others | 829 | 477 | 45.7 | 75.7 | -55.0% |
| Total | 5,813 | 3,933 | 858 | 1,398 | -37.8% |
Top Export Markets for Optical Media; Recorded, Excluding Products of Chapter 37 from Panama in 2022:
- Costa Rica (938.0 units)
- Colombia (834.0 units)
- Guatemala (460.0 units)
- Venezuela (136.0 units)
- Dominican Republic (128.0 units)
- United States (70.0 units)
- Ecuador (7.0 units)
- Chile (1.0 units)
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