Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Panama - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Panama (CIF) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Panama
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Panama (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,981 per ton, increasing by 8.8% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by +70.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($19,656 per ton), while the price for China ($1,784 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Panama
After three years of growth, supplies from abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -39.8% to 11 tons in 2022. In general, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of 18 tons, and then reduced rapidly in the following year.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses declined sharply to $22K in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 89% against the previous year. As a result, imports attained the peak of $33K, and then declined rapidly in the following year.
Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.7 | 9.7 | 18.5 | 17.2 | 54.1% |
Netherlands | 6.8 | 7.5 | 13.7 | 3.6 | -19.1% |
Others | N/A | 0.2 | 0.7 | 0.8 | 100.0% |
Total | 11.5 | 17.4 | 32.9 | 21.5 | 23.2% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Panama in 2022:
- China (9.6 tons)
- Netherlands (1.2 tons)
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