Panama - Mounted Lenses, Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounted Lens Price in Panama - 2023
Contents:
- Mounted Lens Price in Panama (CIF) - 2022
- Mounted Lens Price in Panama (FOB) - 2022
- Mounted Lens Imports in Panama
- Mounted Lens Exports in Panama
Mounted Lens Price in Panama (CIF) - 2022
In 2022, the average mounted lens import price amounted to $5.8 per unit, with a decrease of -62% against the previous year. Overall, the import price, however, showed resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by 515%. The import price peaked at $27 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22 per unit), while the price for Free Zones ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Mounted Lens Price in Panama (FOB) - 2022
The average mounted lens export price stood at $53 per unit in 2022, flattening at the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 2,361%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($84 per unit), while the average price for exports to Curacao ($50 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 Cuba (+44.0%), while the prices for the other major destinations experienced more modest paces of growth.
Mounted Lens Imports in Panama
For the third year in a row, Panama recorded decline in supplies from abroad of mounted lenses, prisms and mirrors, which decreased by -18.1% to 11K units in 2022. In general, imports faced a precipitous contraction. The smallest decline of -12% was in 2020. Over the period under review, imports hit record highs at 33K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, mounted lens imports shrank rapidly to $63K in 2022. Overall, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 6.3% against the previous year. As a result, imports attained the peak of $201K, and then shrank rapidly in the following year.
| Import of Mounted Lens in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.0 | 30.0 | 26.8 | 14.6 | -18.5% |
| Free Zones | 15.2 | 9.7 | 3.1 | 11.2 | -9.7% |
| China | 86.1 | 85.7 | 7.1 | 8.6 | -53.6% |
| Germany | 26.6 | 44.6 | 158 | 7.5 | -34.4% |
| Taiwan (Chinese) | N/A | N/A | N/A | 4.3 | 0% |
| Hungary | N/A | N/A | N/A | 1.7 | 0% |
| Hong Kong SAR | 19.7 | 8.5 | N/A | N/A | -56.9% |
| Others | 6.9 | 10.5 | 5.9 | 14.6 | 28.4% |
| Total | 181 | 189 | 201 | 62.5 | -29.8% |
Top Suppliers of Mounted Lens to Panama in 2022:
- Free Zones (5.3K units)
- China (1.7K units)
- United States (1.2K units)
- Taiwan (Chinese) (0.9K units)
- Hungary (0.8K units)
- Germany (0.3K units)
Mounted Lens Exports in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of mounted lenses, prisms and mirrors, which decreased by 0% to 229 units in 2022. Over the period under review, exports saw a sharp descent. The smallest decline of -57.7% was in 2020. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, mounted lens exports totaled $12K in 2022. Overall, exports continue to indicate a precipitous slump. The smallest decline of -53.4% was in 2020. Over the period under review, the exports attained the maximum at $52K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Mounted Lens in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 2.1 | 1.6 | N/A | 3.4 | 17.4% |
| Ecuador | 15.0 | 1.8 | N/A | 2.2 | -47.3% |
| Uruguay | 14.7 | 0.3 | N/A | 1.9 | -49.4% |
| Paraguay | 0.7 | 1.5 | N/A | 0.4 | -17.0% |
| Guatemala | 1.1 | 1.1 | N/A | 0.3 | -35.2% |
| Curacao | 1.0 | 0.3 | N/A | 0.2 | -41.5% |
| Costa Rica | 0.7 | 0.7 | N/A | 0.2 | -34.1% |
| Haiti | 1.9 | N/A | N/A | N/A | 0% |
| Venezuela | 3.6 | 0.1 | N/A | N/A | -97.2% |
| Guyana | 5.6 | N/A | N/A | N/A | 0% |
| Honduras | N/A | 1.3 | N/A | N/A | 0% |
| Argentina | N/A | 4.5 | N/A | N/A | 0% |
| Jamaica | 1.8 | N/A | N/A | N/A | 0% |
| Others | 3.5 | 10.8 | N/A | 3.3 | -1.9% |
| Total | 51.8 | 24.1 | N/A | 12.1 | -38.4% |
Top Export Markets for Mounted Lens from Panama in 2022:
- Dominican Republic (67.0 units)
- Ecuador (44.0 units)
- Uruguay (33.0 units)
- Paraguay (8.0 units)
- Curacao (4.0 units)
- Costa Rica (4.0 units)
- Guatemala (4.0 units)
This report provides an in-depth analysis of the mounted lens market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26702155 - Mounted lenses, prisms, mirrors, etc., of any material, n.e.c.
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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