Price for Alkaloids, Vegetable; Caffeine and Its Salts in Panama - 2023

Contents:

  1. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Panama (CIF) - 2022
  2. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Panama (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Panama
  4. Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Panama

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Panama (CIF) - 2022

The average import price for alkaloids, vegetable; caffeine and its saltses stood at $20,715 per ton in 2022, surging by 14% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of 60% against the previous year. The import price peaked at $21,229 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($22,068 per ton), while the price for Free Zones amounted to $19,632 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%).

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Panama (FOB) - 2022

The average export price for alkaloids, vegetable; caffeine and its saltses stood at $15,655 per ton in 2022, growing by 44% against the previous year. In general, the export price showed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($95,176 per ton), while the average price for exports to Colombia totaled $9,367 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+24.5%).

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Panama

After three years of growth, supplies from abroad of alkaloids, vegetable; caffeine and its saltses decreased by -24.2% to 17 tons in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports reached the peak of 22 tons, and then declined markedly in the following year.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses shrank to $345K in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free ZonesN/AN/AN/A1960%
Germany1432812751460.7%
China2.030.494.1N/A585.9%
Others28.315.929.93.4-50.7%
Total17432739934525.6%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Panama in 2022:

  1. Free Zones (10.0 tons)
  2. Germany (6.6 tons)

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Panama

Exports of alkaloids, vegetable; caffeine and its saltses from Panama rose significantly to 232 kg in 2022, surging by 10% on 2021 figures. In general, exports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 193% against the previous year.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses surged to $3.6K in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 142% against the previous year.

Export of Alkaloids, Vegetable; Caffeine and Its Salts in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3.90.41.72.0-20.0%
Costa Rica0.60.50.61.638.7%
OthersN/AN/AN/AN/A0%
Total4.50.92.33.6-7.2%

Top Export Markets for Alkaloids, Vegetable; Caffeine and Its Salts from Panama in 2022:

  1. Colombia (215.0 kg)
  2. Costa Rica (17.0 kg)

Source: IndexBox Market Intelligence Platform

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