Panama: Tv Without Reception Market 2024

Tv Without Reception Market Size in Panama

The Panamanian TV without reception market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption, however, continues to indicate a pronounced decline. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Tv Without Reception Production in Panama

In value terms, TV without reception production declined to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 474% against the previous year. Production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Tv Without Reception Exports

Exports from Panama

In 2022, after three years of decline, there was significant growth in overseas shipments of transmission apparatus for radio-broadcasting and television (without reception apparatus), when their volume increased by 6.9% to X units. In general, exports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2016 when exports increased by 78%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, TV without reception exports shrank to $X in 2022. Overall, exports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X units), Cuba (X units) and Costa Rica (X units) were the main destinations of TV without reception exports from Panama, together accounting for 33% of total exports. Jamaica, Guyana, Venezuela, the Dominican Republic, Mexico, Peru, Belize, Ecuador, Trinidad and Tobago and Nicaragua lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +20.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Cuba ($X) and Costa Rica ($X) constituted the largest markets for TV without reception exported from Panama worldwide, with a combined 33% share of total exports. Jamaica, Guyana, Venezuela, the Dominican Republic, Mexico, Peru, Belize, Ecuador, Trinidad and Tobago and Nicaragua lagged somewhat behind, together comprising a further 49%.

Mexico, with a CAGR of -2.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average TV without reception export price amounted to $X per unit, reducing by -17.2% against the previous year. Over the period under review, the export price showed a sharp decrease. The most prominent rate of growth was recorded in 2017 when the average export price decreased by -16.2%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Trinidad and Tobago ($X per unit) and Jamaica ($X per unit), while the average price for exports to Costa Rica ($X per unit) and Guyana ($X 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 Mexico (-19.3%), while the prices for the other major destinations experienced a decline.

Tv Without Reception Imports

Imports into Panama

In 2022, overseas purchases of transmission apparatus for radio-broadcasting and television (without reception apparatus) were finally on the rise to reach X units after four years of decline. In general, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 194% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, TV without reception imports surged to $X in 2022. Overall, imports, however, saw a sharp downturn. The pace of growth appeared the most rapid in 2017 with an increase of 140%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X units), the United States (X units) and Lithuania (X units) were the main suppliers of TV without reception imports to Panama, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +97.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest TV without reception suppliers to Panama were the UK ($X), Spain ($X) and China ($X), together comprising 73% of total imports.

The UK, with a CAGR of +77.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average TV without reception import price amounted to $X per unit, surging by 12% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2016 an increase of 25% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform