Ethylene Price in Panama - 2022
Contents:
Ethylene Price in Panama (CIF) - 2022
The average ethylene import price stood at $800 per ton in 2022, remaining stable against the previous year. Overall, the import price faced a abrupt decline. The pace of growth was the most pronounced in 2014 when the average import price decreased by -2.4%. Over the period under review, average import prices reached the peak figure at $4,318 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 the United States ($2,184 per ton), while the price for Costa Rica totaled $671 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+25.1%), while the prices for the other major suppliers experienced a decline.
Ethylene Imports in Panama
In 2022, the amount of ethylene imported into Panama totaled 12 tons, approximately mirroring the year before. Overall, imports saw a sharp curtailment. The smallest decline of 99.9% was in 2021.
In value terms, ethylene imports amounted to $9.3K in 2022. In general, imports faced a precipitous setback. The smallest decline of 99.9% was in 2021.
| Import of Ethylene in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 6.0 | 2.6 | 12.3 | 12.3 | 27.0% |
| United States | 3.2 | 1.4 | 6.5 | 6.4 | 26.0% |
| Argentina | N/A | 0.8 | N/A | N/A | 0% |
| Mexico | N/A | 7.7 | N/A | N/A | 0% |
| Others | -9.2 | 6.2 | -18.8 | -9.4 | 0.7% |
| Total | N/A | 18.7 | N/A | 9.3 | -29.5% |
Top Suppliers of Ethylene to Panama in 2022:
- Costa Rica (18.3 tons)
- United States (2.9 tons)
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