Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama - 2024

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama (CIF) - 2022
  2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama (FOB) - 2022
  3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama
  4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $112,578 per ton, increasing by 62% against the previous year. Over the period under review, the import price showed significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,509% against the previous year. The import price peaked at $129,174 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($686,452 per ton), while the price for Free Zones ($16,298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $80,191 per ton, declining by -21.1% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 342%. Over the period under review, the average export prices reached the maximum at $137,354 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($665,429 per ton), while the average price for exports to Costa Rica ($11,795 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 the UK (+124.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama

Imports of balances; of a sensitivity of 5cg or better, with or without weightses into Panama fell rapidly to 3 tons in 2022, reducing by -45.1% on the previous year. Over the period under review, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 57%.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses shrank markedly to $239K in 2022. In general, imports showed a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 22%.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A30.81.394.575.2%
Switzerland75.43.1N/A50.1-12.7%
China41478.552.927.3-59.6%
United States32516027625.5-57.2%
Free Zones5.12.414.222.163.0%
NorwayN/AN/AN/A12.30%
PeruN/AN/AN/A3.50%
Others36.115.98.13.3-55.0%
Total856290353239-34.6%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Panama in 2022:

  1. Free Zones (1357.0 kg)
  2. Germany (735.0 kg)
  3. China (307.0 kg)
  4. United States (247.0 kg)
  5. Peru (118.0 kg)
  6. Norway (114.0 kg)
  7. Switzerland (73.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama

In 2022, overseas shipments of balances; of a sensitivity of 5cg or better, with or without weightses were finally on the rise to reach 143 kg after two years of decline. Over the period under review, exports, however, faced a dramatic decrease.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $11K in 2022. Overall, exports, however, saw a deep reduction.

Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom12.3N/A1.54.7-27.4%
Ecuador0.2N/AN/A4.0171.4%
FranceN/AN/AN/A1.00%
Costa Rica3.00.5N/A0.9-33.1%
Guatemala0.9N/A1.30.8-3.9%
SwitzerlandN/A3.9N/AN/A0%
Others0.90.6N/AN/A-33.3%
Total17.45.12.811.5-12.9%

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Panama in 2022:

  1. Costa Rica (78.0 kg)
  2. Ecuador (30.0 kg)
  3. Guatemala (15.0 kg)
  4. France (13.0 kg)
  5. United Kingdom (7.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Panama