Price for Tools, Hand; Chain Saw Blades in Panama - 2023

Contents:

  1. Price for Tools, Hand; Chain Saw Blades in Panama (CIF) - 2022
  2. Price for Tools, Hand; Chain Saw Blades in Panama (FOB) - 2022
  3. Imports of Tools, Hand; Chain Saw Blades in Panama
  4. Exports of Tools, Hand; Chain Saw Blades in Panama

Price for Tools, Hand; Chain Saw Blades in Panama (CIF) - 2022

In 2022, the average import price for tools, hand; chain saw bladeses amounted to $18,235 per ton, reducing by -20.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 24%. Over the period under review, average import prices hit record highs at $24,097 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($25,299 per ton), while the price for China amounted to $6,615 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Chain Saw Blades in Panama (FOB) - 2022

The average export price for tools, hand; chain saw bladeses stood at $65,060 per ton in 2022, approximately reflecting the previous year. In general, the export price saw buoyant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 61%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($16,609 per ton), while the average price for exports to Honduras totaled $15,435 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+4.4%), while the prices for the other major destinations experienced a decline.

Imports of Tools, Hand; Chain Saw Blades in Panama

In 2022, the amount of tools, hand; chain saw bladeses imported into Panama dropped sharply to 7 tons, which is down by -72.8% on the previous year. Overall, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 1.9% against the previous year.

In value terms, tools, hand; chain saw blades imports fell notably to $128K in 2022. Over the period under review, imports saw a precipitous slump. The smallest decline of -3.2% was in 2021.

Import of Tools, Hand; Chain Saw Blades in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland209206412110-19.3%
China1172.55.917.6-46.8%
Free Zones15198.5136N/A-5.1%
ColombiaN/A82.6N/AN/A0%
Germany18513.0N/AN/A-93.0%
Brazil396208N/AN/A-47.5%
Others9.20.637.60.9-53.9%
Total1,068611591128-50.7%

Top Suppliers of Tools, Hand; Chain Saw Blades to Panama in 2022:

  1. Switzerland (4.3 tons)
  2. China (2.7 tons)

Exports of Tools, Hand; Chain Saw Blades in Panama

In 2022, approx. 2.7 tons of tools, hand; chain saw bladeses were exported from Panama; stabilizing at 2021. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of -20.8% was in 2020.

In value terms, tools, hand; chain saw blades exports stood at $179K in 2022. Overall, exports faced a sharp decrease. The smallest decline of -37.2% was in 2020.

Export of Tools, Hand; Chain Saw Blades in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela77.154.2N/A38.5-20.7%
Honduras17.111.5N/A6.7-26.8%
Dominican Republic2.5N/AN/AN/A0%
Colombia16.4N/AN/AN/A0%
Nicaragua65.7N/AN/AN/A0%
MexicoN/A94.0N/AN/A0%
Jamaica7.10.8N/AN/A-88.7%
Others383197N/A134-29.5%
Total569357N/A179-32.0%

Top Export Markets for Tools, Hand; Chain Saw Blades from Panama in 2022:

  1. Venezuela (2.3 tons)
  2. Honduras (0.4 tons)

Source: IndexBox Market Intelligence Platform

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