Panama - Window Or Wall Air Conditioning Systems, Self-Contained Or Split-Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Window, Wall, or Split Air Conditioning System in Panama - 2023
Contents:
- Price for Window, Wall, or Split Air Conditioning System in Panama (CIF) - 2022
- Price for Window, Wall, or Split Air Conditioning System in Panama (FOB) - 2022
- Imports of Window, Wall, or Split Air Conditioning System in Panama
- Exports of Window, Wall, or Split Air Conditioning System in Panama
Price for Window, Wall, or Split Air Conditioning System in Panama (CIF) - 2022
The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $320 per unit in 2022, with a decrease of -9.1% against the previous year. In general, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2018 an increase of 22%. The import price peaked at $425 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 ($320 per unit) and South Korea ($320 per unit), while the price for China ($320 per unit) and Free Zones ($320 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Window, Wall, or Split Air Conditioning System in Panama (FOB) - 2022
The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $335 per unit in 2022, growing by 2.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 22%. As a result, the export price reached the peak level of $343 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($354 per unit) and Curacao ($354 per unit), while the average price for exports to Ecuador ($325 per unit) and Colombia ($326 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 Aruba (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Window, Wall, or Split Air Conditioning System in Panama
In 2022, overseas purchases of window or wall air conditioning systems, self-contained or split-systems increased by 0.8% to 102K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic decline. Over the period under review, imports of attained the maximum at 316K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of window or wall air conditioning systems, self-contained or split-systems shrank to $33M in 2022. Over the period under review, imports, however, recorded a sharp decrease. Imports peaked at $96M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Window, Wall, or Split Air Conditioning System in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 18.4 | 13.3 | 20.5 | 14.7 | -7.2% |
| China | 58.9 | 47.2 | 10.0 | 13.2 | -39.3% |
| South Korea | 4.5 | 5.1 | 1.7 | 2.4 | -18.9% |
| United States | 5.2 | 2.1 | 0.9 | 1.0 | -42.3% |
| Hong Kong SAR | 4.0 | 3.6 | 0.5 | 0.3 | -57.8% |
| Others | 4.9 | 2.3 | 1.8 | 1.0 | -41.1% |
| Total | 95.9 | 73.6 | 35.6 | 32.6 | -30.2% |
Top Suppliers of Window, Wall, or Split Air Conditioning System to Panama in 2022:
- Free Zones (46.0K units)
- China (41.3K units)
- South Korea (7.5K units)
- United States (3.0K units)
- Hong Kong SAR (1.0K units)
Exports of Window, Wall, or Split Air Conditioning System in Panama
Exports of window or wall air conditioning systems, self-contained or split-systems from Panama dropped to 198K units in 2022, reducing by -5.4% on 2021. Over the period under review, exports saw a abrupt decrease. Over the period under review, the exports of attained the maximum at 233K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of window or wall air conditioning systems, self-contained or split-systems contracted modestly to $66M in 2022. Overall, exports continue to indicate a perceptible decrease. The smallest decline of -3.1% was in 2021. The exports peaked at $73M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Window, Wall, or Split Air Conditioning System in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 20.6 | 17.2 | 16.6 | 16.2 | -7.7% |
| Dominican Republic | 4.1 | 7.1 | 5.9 | 5.6 | 11.0% |
| Venezuela | 4.9 | 5.8 | 4.8 | 4.6 | -2.1% |
| Colombia | 5.5 | 3.4 | 4.7 | 4.4 | -7.2% |
| Ecuador | 3.1 | 2.0 | 3.4 | 3.2 | 1.1% |
| United States | 1.6 | 2.6 | 2.2 | 2.1 | 9.5% |
| Curacao | 1.2 | 2.3 | 1.9 | 1.8 | 14.5% |
| Costa Rica | 2.1 | 2.1 | 1.9 | 1.8 | -5.0% |
| El Salvador | 1.7 | 1.3 | 1.4 | 1.4 | -6.3% |
| Guyana | 0.8 | 1.8 | 1.5 | 1.4 | 20.5% |
| Aruba | 0.8 | 1.4 | 1.1 | 1.1 | 11.2% |
| Nicaragua | 1.3 | 0.7 | 0.9 | 0.9 | -11.5% |
| Mexico | 0.8 | 0.9 | 0.9 | 0.9 | 4.0% |
| Others | 24.4 | 22.0 | 21.2 | 20.9 | -5.0% |
| Total | 72.8 | 70.6 | 68.4 | 66.2 | -3.1% |
Top Export Markets for Window, Wall, or Split Air Conditioning System from Panama in 2022:
- Cuba (49.1K units)
- Dominican Republic (15.8K units)
- Colombia (13.6K units)
- Venezuela (13.4K units)
- Ecuador (9.9K units)
- United States (5.9K units)
- Costa Rica (5.5K units)
- Curacao (5.1K units)
- El Salvador (4.2K units)
- Guyana (4.0K units)
- Aruba (3.0K units)
- Nicaragua (2.8K units)
- Mexico (2.7K units)
This report provides an in-depth analysis of the market for window, wall, or split air conditioning system 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems
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
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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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