Price for Bromides; of Sodium or of Potassium in Panama - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in Panama (CIF) - 2022
- Imports of Bromides; of Sodium or of Potassium in Panama
Price for Bromides; of Sodium or of Potassium in Panama (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $6,911 per ton, increasing by 72% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 bromides; of sodium or of potassia increased by +81.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($42,167 per ton), while the price for the United States amounted to $2,680 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-7.6%).
Imports of Bromides; of Sodium or of Potassium in Panama
In 2022, supplies from abroad of bromides; of sodium or of potassia decreased by -97.3% to 56 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 7.3%. As a result, imports attained the peak of 3.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of bromides; of sodium or of potassia shrank markedly to $387 in 2022. Overall, imports continue to indicate a precipitous slump. The smallest decline of -1.3% was in 2020.
| Import of Bromides; of Sodium or of Potassium in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 0.3 | 0% |
| United States | 5.1 | 7.1 | 2.0 | 0.1 | -73.0% |
| Free Zones | N/A | N/A | 6.2 | N/A | 0% |
| Costa Rica | 7.7 | 5.5 | N/A | N/A | -28.6% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 12.9 | 12.7 | 8.2 | 0.4 | -68.6% |
Top Suppliers of Bromides; of Sodium or of Potassium to Panama in 2022:
- United States (50.0 kg)
- United Kingdom (6.0 kg)
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