Panama - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhosphoric Acid Price in Panama - 2023
Contents:
- Phosphoric Acid Price in Panama (CIF) - 2022
- Phosphoric Acid Price in Panama (FOB) - 2022
- Phosphoric Acid Imports in Panama
- Phosphoric Acid Exports in Panama
Phosphoric Acid Price in Panama (CIF) - 2022
The average phosphoric acid import price stood at $1,603 per ton in 2022, surging by 69% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphoric acid import price increased by +69.7% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($4,257 per ton), while the price for China ($1,728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphoric Acid Price in Panama (FOB) - 2022
The average phosphoric acid export price stood at $876 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, recorded mild growth. The most prominent rate of growth was recorded in 2018 an increase of 155% against the previous year. As a result, the export price reached the peak level of $2,136 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($2,649 per ton), while the average price for exports to the United States stood at $670 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+56.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphoric Acid Imports in Panama
In 2022, phosphoric acid imports into Panama rose sharply to 472 tons, increasing by 5.5% on the previous year's figure. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports attained the peak of 497 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, phosphoric acid imports soared to $757K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Phosphoric Acid in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 103 | 143 | 39.1 | 346 | 49.8% |
Brazil | 208 | 215 | 293 | 33.1 | -45.8% |
Colombia | N/A | N/A | N/A | 32.4 | 0% |
Costa Rica | 9.4 | 16.4 | 10.1 | 12.2 | 9.1% |
Guatemala | 31.5 | 31.8 | 44.1 | 8.6 | -35.1% |
Netherlands | N/A | 23.6 | N/A | N/A | 0% |
Others | 25.3 | 45.8 | 39.3 | 325 | 134.2% |
Total | 376 | 476 | 426 | 757 | 26.3% |
Top Suppliers of Phosphoric Acid to Panama in 2022:
- China (200.4 tons)
- Brazil (15.6 tons)
- Colombia (7.6 tons)
- Costa Rica (5.4 tons)
- Guatemala (2.2 tons)
Phosphoric Acid Exports in Panama
In 2022, phosphoric acid exports from Panama skyrocketed to 105 tons, jumping by 19% on the year before. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 125% against the previous year. As a result, the exports attained the peak of 123 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, phosphoric acid exports soared to $92K in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 120% against the previous year. As a result, the exports attained the peak of $107K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Phosphoric Acid in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 5.8 | 31.3 | 63.3 | 230.4% |
Belize | N/A | N/A | 7.2 | 29.1 | 304.2% |
Argentina | 23.6 | N/A | N/A | N/A | 0% |
Guatemala | 24.9 | 99.6 | N/A | N/A | 300.0% |
Honduras | N/A | N/A | 35.7 | N/A | 0% |
Others | N/A | 1.6 | 3.5 | N/A | 118.8% |
Total | 48.5 | 107 | 77.8 | 92.4 | 24.0% |
Top Export Markets for Phosphoric Acid from Panama in 2022:
- United States (94.5 tons)
- Belize (11.0 tons)
This report provides an in-depth analysis of the phosphoric acid market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132455 - Phosphoric acid and polyphosphoric acids
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the phosphoric acid market in Panama.
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This report provides an in-depth analysis of the global diphosphorus pentaoxide market.
This report provides an in-depth analysis of the phosphoric acid market in Panama.
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Panama.
This report provides an in-depth analysis of the global phosphoric acid market.
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Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...