Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama - 2023

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama (CIF) - 2023
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama (FOB) - 2022
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama (CIF) - 2023

In September 2023, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $849 per ton, flattening at the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 14% m-o-m. The import price peaked at $995 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From November 2022 to September 2023, the rate of growth in terms of prices for China amounted to +1.6% per month.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,424 per ton, almost unchanged from the previous year. Over the period under review, the export price showed a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of 10%. The export price peaked at $2,299 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Venezuela ($1,765 per ton) and Mexico ($1,465 per ton), while the average price for exports to Peru ($1,357 per ton) and South Korea ($1,377 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama

Imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into Panama skyrocketed to 12K tons in 2022, picking up by 19% on the previous year's figure. In general, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 68%.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses expanded markedly to $19M in 2022. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 202% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Panama in 2022:

1. United States (6.8K tons)
2. China (4.8K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Panama

In 2022, overseas shipments of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by 0% to 407 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a noticeable setback. The pace of growth was the most pronounced in 2020 with an increase of 85%. As a result, the exports reached the peak of 814 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $579K in 2022. Overall, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2020 when exports increased by 73%. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Panama in 2022:

1. Philippines (185.2 tons)
2. South Korea (163.3 tons)
3. Peru (26.3 tons)
4. Mexico (12.6 tons)

Source: IndexBox Market Intelligence Platform