Panama - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Machinery for Material Treatment by Heating or Cooling Process in Panama - 2022
Contents:
- Price for Machinery for Material Treatment by Heating or Cooling Process in Panama (CIF) - 2022
- Price for Machinery for Material Treatment by Heating or Cooling Process in Panama (FOB) - 2022
- Imports of Machinery for Material Treatment by Heating or Cooling Process in Panama
- Exports of Machinery for Material Treatment by Heating or Cooling Process in Panama
Price for Machinery for Material Treatment by Heating or Cooling Process in Panama (CIF) - 2022
The average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $6,479 per unit in 2022, which is down by -8.1% against the previous year. Overall, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 60%. As a result, import price reached the peak level of $7,050 per unit, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($13,366 per unit), while the price for France ($1,551 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 (+68.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery for Material Treatment by Heating or Cooling Process in Panama (FOB) - 2022
In 2022, the average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $3,098 per unit, with an increase of 42% against the previous year. In general, the export price, however, saw a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $5,599 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Cuba ($7,178 per unit), while the average price for exports to Belize ($12 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 Guyana (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery for Material Treatment by Heating or Cooling Process in Panama
In 2022, the amount of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process imported into Panama declined rapidly to 604 units, falling by -53.1% on the year before. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, imports attained the peak of 1.3K units, and then dropped sharply in the following year.
In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process declined dramatically to $3.9M in 2022. Over the period under review, imports, however, recorded a slight expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 173% against the previous year. As a result, imports reached the peak of $9.1M, and then declined rapidly in the following year.
| Import of Machinery for Material Treatment by Heating or Cooling Process in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 240 | 117 | 475 | 1,163 | 69.2% |
| United States | 943 | 1,754 | 2,147 | 1,113 | 5.7% |
| Brazil | 229 | 249 | 806 | 465 | 26.6% |
| Spain | 95.0 | 68.2 | 458 | 220 | 32.3% |
| China | 228 | 297 | 555 | 193 | -5.4% |
| Germany | 270 | 83.9 | 2,499 | 141 | -19.5% |
| India | 5.7 | 6.8 | 147 | 128 | 182.1% |
| Turkey | 13.3 | 15.9 | 37.1 | 91.4 | 90.1% |
| Mexico | 153 | 75.4 | 109 | 66.0 | -24.4% |
| Colombia | 115 | 32.8 | 146 | 63.8 | -17.8% |
| Italy | 246 | 119 | 191 | 44.2 | -43.6% |
| France | 3.7 | 0.6 | 1.7 | 32.6 | 106.5% |
| Belgium | 474 | 16.1 | 10.4 | N/A | -85.2% |
| Others | 764 | 482 | 1,489 | 193 | -36.8% |
| Total | 3,779 | 3,318 | 9,074 | 3,913 | 1.2% |
Top Suppliers of Machinery for Material Treatment by Heating or Cooling Process to Panama in 2022:
- United States (217.0 units)
- Free Zones (87.0 units)
- China (59.0 units)
- Brazil (46.0 units)
- Spain (39.0 units)
- India (29.0 units)
- France (21.0 units)
- Mexico (19.0 units)
- Germany (15.0 units)
- Colombia (14.0 units)
- Turkey (12.0 units)
- Italy (12.0 units)
Exports of Machinery for Material Treatment by Heating or Cooling Process in Panama
In 2022, shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process was finally on the rise to reach 49 units after two years of decline. Overall, exports, however, faced a precipitous contraction. Over the period under review, the exports of attained the maximum at 206 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process soared to $152K in 2022. In general, exports, however, recorded a significant contraction. The exports peaked at $529K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Machinery for Material Treatment by Heating or Cooling Process in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 17.7 | 1.7 | 4.4 | 7.2 | -25.9% |
| Colombia | 50.3 | 3.0 | 2.7 | 5.2 | -53.1% |
| Venezuela | 10.7 | 8.3 | 3.1 | 5.1 | -21.9% |
| Guatemala | 20.9 | 5.3 | 2.9 | 4.7 | -39.2% |
| Guyana | 13.3 | 0.7 | 0.3 | 4.6 | -29.8% |
| Bahamas | 16.0 | 4.3 | 1.2 | 1.5 | -54.6% |
| Costa Rica | 13.7 | 0.5 | 0.3 | 1.1 | -56.9% |
| Dominican Republic | 16.3 | 0.7 | 0.5 | 0.9 | -61.9% |
| El Salvador | 7.1 | 1.3 | 0.4 | 0.7 | -53.8% |
| Brazil | 2.2 | 0.6 | 0.2 | 0.3 | -48.5% |
| Chile | 1.2 | 0.4 | 0.1 | 0.1 | -56.3% |
| Barbados | 12.2 | 0.1 | N/A | N/A | -99.2% |
| Belize | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 348 | 190 | 71.1 | 120 | -29.9% |
| Total | 529 | 216 | 87.3 | 152 | -34.0% |
Top Export Markets for Machinery for Material Treatment by Heating or Cooling Process from Panama in 2022:
- Guyana (4.0 units)
- Guatemala (2.0 units)
- Brazil (1.0 units)
- Colombia (1.0 units)
- Cuba (1.0 units)
- El Salvador (1.0 units)
- Costa Rica (1.0 units)
- Bahamas (1.0 units)
- Chile (1.0 units)
- Dominican Republic (1.0 units)
- Belize (1.0 units)
- Venezuela (1.0 units)
- Barbados (1.0 units)
This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process 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 28296030 - Cooling towers and similar plant for direct cooling by means of recirculated water
- Prodcom 28296050 - Vacuum-vapour plant for the deposition of metal
- Prodcom 28296090 - Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature, 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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