Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama - 2023

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama (CIF) - 2022
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama (FOB) - 2022
3. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama
4. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama (CIF) - 2022

In 2022, the average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1.2 per unit, picking up by 3.5% against the previous year. In general, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 9.3% against the previous year. The import price peaked at $1.7 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1.2 per unit), while the price for the United States ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (-3.4%), while the prices for the other major suppliers experienced a decline.

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama (FOB) - 2022

The average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes stood at $1.1 per unit in 2022, standing approx. at the previous year. Over the period under review, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 22% against the previous year. The export price peaked at $1.6 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Colombia ($1.2 per unit) and Trinidad and Tobago ($1.1 per unit), while the average price for exports to Nicaragua ($1 per unit) and Venezuela ($1.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-2.7%), while the prices for the other major destinations experienced a decline.

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama

In 2022, approx. 511K units of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes were imported into Panama; waning by -33.1% against 2021 figures. In general, imports recorded a dramatic decline. The smallest decline of -6.1% was in 2020. Over the period under review, imports of hit record highs at 3.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes contracted dramatically to $629K in 2022. Over the period under review, imports recorded a dramatic contraction. The smallest decline of -0.6% was in 2020. Imports peaked at $3.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to Panama in 2022:

1. China (452.0K units)
2. Free Zones (46.1K units)
3. United States (8.2K units)

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Panama

For the third consecutive year, Panama recorded decline in overseas shipments of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes, which decreased by 0% to 972K units in 2022. Overall, exports recorded a sharp curtailment. The smallest decline of -26.7% was in 2020. The exports peaked at 2.7M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1.1M in 2022. Over the period under review, exports faced a precipitous descent. The smallest decline of -26.7% was in 2020. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from Panama in 2022:

1. El Salvador (298.1K units)
2. Costa Rica (142.3K units)
3. Guatemala (100.2K units)
4. Honduras (72.3K units)
5. Nicaragua (71.4K units)
6. Venezuela (65.8K units)
7. Trinidad and Tobago (60.5K units)
8. Colombia (49.1K units)

Source: IndexBox Market Intelligence Platform