Price for Ketone-Phenols and Ketones with Other Oxygen Function in Panama - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Panama (CIF) - 2022
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Panama (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Panama
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Panama
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Panama (CIF) - 2022
In 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $2,549 per ton, with a decrease of -65.3% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 80%. Over the period under review, average import prices attained the peak figure at $17,213 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,316 per ton), while the price for Free Zones stood at $2,351 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.4%), while the prices for the other major suppliers experienced a decline.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Panama (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $17,905 per ton, approximately reflecting the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ketone-phenols and ketones with other oxygen functia decreased by +0.3% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 43% against the previous year. The export price peaked at $27,040 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($32,000 per ton), while the average price for exports to Guatemala ($13,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Panama
In 2022, the amount of ketone-phenols and ketones with other oxygen functia imported into Panama shrank notably to 669 kg, with a decrease of -53.1% on 2021 figures. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,185% against the previous year. As a result, imports reached the peak of 1.4 tons, and then reduced rapidly in the following year.
In value terms, imports of ketone-phenols and ketones with other oxygen functia shrank notably to $1.7K in 2022. Overall, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 779%. As a result, imports attained the peak of $10K, and then declined remarkably in the following year.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 0.3 | 0.2 | 3.4 | 1.5 | 71.0% |
| United States | 0.5 | N/A | 0.2 | 0.2 | -26.3% |
| Spain | 6.5 | 0.7 | 5.5 | N/A | -8.0% |
| Switzerland | 0.4 | N/A | 0.1 | N/A | -50.0% |
| China | 1.2 | 0.1 | 0.3 | N/A | -50.0% |
| Guatemala | 0.2 | N/A | 0.3 | N/A | 22.5% |
| Costa Rica | N/A | 0.1 | 0.6 | N/A | 500.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 1.2 | 10.5 | 1.7 | -42.6% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Panama in 2022:
- Free Zones (650.0 kg)
- United States (19.0 kg)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Panama
In 2022, exports of ketone-phenols and ketones with other oxygen functia from Panama stood at 42 kg, almost unchanged from the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 500%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of ketone-phenols and ketones with other oxygen functia fell to $752 in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 321% against the previous year.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 159 | 697 | 689 | 693 | 63.3% |
| Ecuador | 11.0 | 41.0 | 36.0 | 32.0 | 42.8% |
| Guatemala | 8.0 | 12.0 | 29.0 | 27.0 | 50.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 178 | 750 | 754 | 752 | 61.7% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Panama in 2022:
- Colombia (39.0 kg)
- Guatemala (2.0 kg)
- Ecuador (1.0 kg)
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