Carbonates; Strontium Carbonate Price in Panama - 2023

Contents:

  1. Carbonates; Strontium Carbonate Price in Panama (CIF) - 2022
  2. Carbonates; Strontium Carbonate Imports in Panama

Carbonates; Strontium Carbonate Price in Panama (CIF) - 2022

In 2022, the average carbonates; strontium carbonate import price amounted to $5,749 per ton, with an increase of 29% against the previous year. Over the period under review, the import price posted a prominent increase. The import price peaked at $7,674 per ton in 2018; however, from 2019 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 China ($15,835 per ton), while the price for Mexico totaled $5,489 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.6%), while the prices for the other major suppliers experienced a decline.

Carbonates; Strontium Carbonate Imports in Panama

In 2022, imports of carbonates; strontium carbonates into Panama dropped markedly to 7.9 tons, with a decrease of -30.5% against 2021 figures. Overall, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 362%. As a result, imports attained the peak of 11 tons, and then fell notably in the following year.

In value terms, carbonates; strontium carbonate imports reduced to $46K in 2022. Over the period under review, imports, however, saw a moderate increase. The pace of growth was the most pronounced in 2021 with an increase of 393%. As a result, imports attained the peak of $51K, and then fell in the following year.

Import of Carbonates; Strontium Carbonate in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico29.25.044.142.513.3%
China2.42.6N/A3.210.1%
SpainN/A2.76.7N/A148.1%
Free Zones8.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total39.810.350.845.74.7%

Top Suppliers of Carbonates; Strontium Carbonate to Panama in 2022:

  1. Mexico (7.7 tons)
  2. China (0.2 tons)

Source: IndexBox Market Intelligence Platform

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