Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Panama - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama (CIF) - 2022
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama (FOB) - 2022
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama (CIF) - 2022

The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $469 per ton in 2022, increasing by 79% against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 103% against the previous year. As a result, import price reached the peak level of $1,066 per ton. From 2014 to 2022, the average 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 the United States ($965 per ton), while the price for the Dominican Republic ($145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama (FOB) - 2022

The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $500 per ton in 2022, declining by -16.5% against the previous year. Over the period under review, the export price showed a noticeable descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 68%. Over the period under review, the average export prices attained the peak figure at $792 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Venezuela.

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to -0.5% per year.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama

In 2022, the amount of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates imported into Panama dropped to 9.7K tons, falling by -12.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports reached the peak of 11K tons, and then contracted in the following year.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $4.5M in 2022. Overall, imports, however, posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3943862641,15743.2%
Italy20532733277055.4%
United States34079528074529.9%
Colombia14014151764266.1%
Spain44.472.9139389106.2%
Russia16827453138431.7%
Dominican Republic0.324.553.594.6580.6%
Turkey33211520211.9-67.0%
Vietnam11214741.5N/A-39.1%
Greece12463.968.0N/A-25.9%
Romania48.452.766.7N/A17.4%
Others3213113833331.2%
Total2,2312,7102,8774,52726.6%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Panama in 2022:

  1. Colombia (2.7K tons)
  2. China (1.5K tons)
  3. Italy (1.4K tons)
  4. Spain (1.0K tons)
  5. Russia (0.9K tons)
  6. United States (0.8K tons)
  7. Dominican Republic (0.7K tons)
  8. Turkey (0.1K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama

Exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from Panama shrank rapidly to 173 tons in 2022, dropping by -38.1% against the previous year. In general, exports saw a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 43% against the previous year.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates contracted sharply to $87K in 2022. Over the period under review, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 141%.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela88.711.514.486.7-0.8%
Dominican Republic5.71.36.1N/A3.4%
Guatemala15.16.48.7N/A-24.1%
United States23.141.9103N/A111.2%
Costa Rica7.41.32.8N/A-38.5%
Jamaica3.30.61.6N/A-30.4%
Others25.66.731.3N/A10.6%
Total16969.716886.7-19.9%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Panama in 2022:

  1. Venezuela (173.3 tons)

Source: IndexBox Market Intelligence Platform

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