Borates; Peroxoborates (Perborates) Price in Panama - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Panama (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Panama (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Panama
- Borates; Peroxoborates (Perborates) Exports in Panama
Borates; Peroxoborates (Perborates) Price in Panama (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $1,288 per ton in 2022, jumping by 15% against the previous year. Overall, the import price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs at $2,698 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 ($3,756 per ton), while the price for the Netherlands ($1,098 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Price in Panama (FOB) - 2022
In 2022, the average borates; peroxoborates (perborates) export price amounted to $4,221 per ton, surging by 55% against the previous year. In general, the export price saw a pronounced expansion. The growth pace was the most rapid in 2015 when the average export price increased by 128%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($10,708 per ton), while the average price for exports to Colombia ($1,854 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 Costa Rica (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Panama
In 2022, purchases abroad of borates; peroxoborates (perborates)s decreased by -35.4% to 14 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 251%. As a result, imports attained the peak of 68 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, borates; peroxoborates (perborates) imports fell markedly to $18K in 2022. Overall, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 44%. As a result, imports reached the peak of $59K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Borates; Peroxoborates (Perborates) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.8 | 3.4 | 1.6 | 11.5 | 85.6% |
| Hong Kong SAR | 0.5 | 0.3 | 0.4 | 3.2 | 85.7% |
| Peru | N/A | N/A | N/A | 1.5 | 0% |
| United States | 9.3 | 6.3 | 1.8 | 1.2 | -49.5% |
| Spain | N/A | N/A | 4.1 | N/A | 0% |
| Bolivia | N/A | 20.3 | N/A | N/A | 0% |
| Belgium | 0.5 | 0.6 | 0.3 | N/A | -22.5% |
| Costa Rica | 4.7 | 18.7 | 9.7 | N/A | 43.7% |
| South Africa | 17.6 | N/A | N/A | N/A | 0% |
| Others | 6.7 | 9.8 | 6.0 | 0.2 | -69.0% |
| Total | 41.3 | 59.3 | 23.7 | 17.6 | -24.7% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Panama in 2022:
- Netherlands (10.5 tons)
- Hong Kong SAR (2.2 tons)
- Peru (0.6 tons)
- United States (0.3 tons)
Borates; Peroxoborates (Perborates) Exports in Panama
In 2022, exports of borates; peroxoborates (perborates)s from Panama fell modestly to 18 tons, waning by -2.1% on the previous year. Overall, exports showed a mild slump. The smallest decline of -1.1% was in 2021.
In value terms, borates; peroxoborates (perborates) exports surged to $76K in 2022. Over the period under review, exports, however, posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Borates; Peroxoborates (Perborates) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 27.8 | 32.5 | 33.5 | 51.8 | 23.1% |
| Costa Rica | 0.9 | 3.4 | 12.2 | 17.8 | 170.4% |
| Colombia | 2.8 | 3.0 | 2.8 | 3.9 | 11.7% |
| Others | 1.8 | 1.9 | 1.8 | 2.5 | 11.6% |
| Total | 33.2 | 40.8 | 50.2 | 76.0 | 31.8% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Panama in 2022:
- Venezuela (10.5 tons)
- Costa Rica (5.2 tons)
- Colombia (2.1 tons)
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