Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama - 2023
Contents:
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (CIF) - 2022
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (FOB) - 2022
- Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama
- Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (CIF) - 2022
In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $26,341 per ton, approximately reflecting the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -37.7% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 55% against the previous year. The import price peaked at $42,312 per ton in 2019; however, from 2020 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 Spain ($49,426 per ton), while the price for Free Zones ($3,171 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+39.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (FOB) - 2022
In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $169,750 per ton, stabilizing at the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2013 an increase of 281% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +21.3% per year.
Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama
In 2022, purchases abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -27.5% to 7.6 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 121%. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses shrank dramatically to $199K in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 62%. As a result, imports attained the peak of $559K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 187 | 331 | 166 | 141 | -9.0% |
| United States | 14.6 | 28.7 | 30.1 | 36.6 | 35.8% |
| South Korea | 29.8 | N/A | N/A | 11.8 | -26.6% |
| Spain | N/A | 7.2 | 4.7 | 6.7 | -3.5% |
| Germany | N/A | 18.8 | 7.2 | 2.1 | -66.6% |
| Free Zones | N/A | N/A | N/A | 1.1 | 0% |
| India | 99.0 | 82.5 | 67.5 | N/A | -17.4% |
| Singapore | N/A | 76.3 | N/A | N/A | 0% |
| Others | 15.0 | 15.0 | N/A | 0.1 | -81.2% |
| Total | 345 | 559 | 276 | 199 | -16.8% |
Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Panama in 2022:
- China (6.1 tons)
- United States (0.8 tons)
- Free Zones (0.4 tons)
- Germany (0.1 tons)
- South Korea (0.1 tons)
- Spain (0.1 tons)
Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama
In 2022, overseas shipments of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by 0% to 1.4 tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 2,792%. As a result, the exports reached the peak of 63 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses totaled $234K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,323% against the previous year. As a result, the exports attained the peak of $469K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 19.8 | 0.3 | N/A | 234 | 127.8% |
| Honduras | 9.3 | 450 | N/A | N/A | 4738.7% |
| Others | 3.8 | 18.3 | N/A | N/A | 381.6% |
| Total | 32.9 | 469 | N/A | 234 | 92.3% |
Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Panama in 2022:
- Colombia (1.4 tons)
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