Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Panama - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Panama (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Panama

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Panama (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $57,333 per ton in 2022, which is down by -3.6% against the previous year. Over the period under review, the import price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 360% against the previous year. Over the period under review, average import prices attained the maximum at $59,500 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($71,500 per ton), while the price for Costa Rica amounted to $29,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.7%).

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Panama

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into Panama plummeted to 3 kg, dropping by -25% against 2021 figures. Over the period under review, imports recorded a precipitous shrinkage. The smallest decline of -14.3% was in 2020.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids declined notably to $172 in 2022. In general, imports recorded a abrupt downturn. The smallest decline of -15% was in 2021.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States330280238143-24.3%
Costa RicaN/AN/AN/A29.00%
OthersN/AN/AN/AN/A0%
Total330280238172-19.5%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Panama in 2022:

  1. United States (2.0 kg)
  2. Costa Rica (1.0 kg)

Source: IndexBox Market Intelligence Platform

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