Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama - 2024
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama (CIF) - 2024
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama (FOB) - 2022
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama (CIF) - 2024
The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $7,045 per ton in April 2024, rising by 111% against the previous month. Overall, import price indicated a resilient expansion from April 2023 to April 2024: its price increased at an average monthly rate of +5.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms increased by +111.5% against March 2024 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Italy ($14,620 per ton), while the price for China ($2,788 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Italy (+10.9%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama (FOB) - 2022
In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $50,772 per ton, rising by 58% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 108%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($62,541 per ton), while the average price for exports to Colombia ($1,446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama
In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms imported into Panama contracted to 8.8K tons, with a decrease of -8.7% on the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 9.6K tons, and then contracted in the following year.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms rose rapidly to $38M in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 113% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.2 | 12.5 | 29.4 | 34.4 | 45.4% |
| Slovenia | 3.5 | 1.4 | 2.5 | 2.7 | -8.3% |
| Germany | 1.4 | 0.4 | 0.6 | 0.2 | -47.7% |
| South Korea | 3.8 | 0.8 | N/A | N/A | -78.9% |
| Brazil | 4.4 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 0.5 | 0.7 | 0.8 | -18.9% |
| Total | 25.8 | 15.6 | 33.3 | 38.0 | 13.8% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Panama in 2022:
- China (8.1K tons)
- Slovenia (0.6K tons)
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama
In 2022, shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms decreased by -31.5% to 110 tons, falling for the second year in a row after two years of growth. In general, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 116% against the previous year. As a result, the exports attained the peak of 274 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms expanded rapidly to $5.6M in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 4,105 | 3,304 | 4,653 | 5,261 | 8.6% |
| Bolivia | 18.1 | 356 | 137 | 205 | 124.6% |
| Trinidad and Tobago | 164 | 158 | 98.3 | 69.3 | -25.0% |
| Costa Rica | 14.1 | 63.4 | 19.7 | 29.3 | 27.6% |
| Guatemala | 28.7 | 34.0 | 190 | 4.0 | -48.2% |
| Suriname | N/A | N/A | N/A | 3.3 | 0% |
| El Salvador | 19.0 | 22.2 | N/A | 0.1 | -82.6% |
| Ecuador | N/A | 257 | N/A | N/A | 0% |
| Others | 8.5 | 30.0 | 42.6 | 5.2 | -15.1% |
| Total | 4,358 | 4,225 | 5,141 | 5,577 | 8.6% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Panama in 2022:
- Peru (84.1 tons)
- Bolivia (14.3 tons)
- Trinidad and Tobago (4.2 tons)
- Costa Rica (3.9 tons)
- Suriname (1.6 tons)
- Guatemala (0.8 tons)
136
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Panama.
109
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Panama.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
136
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Panama.
109
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Panama.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
Nothing found. Please try again.
