Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama - 2022

Contents:

  1. Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama (FOB) - 2022
  2. Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama (CIF) - 2022
  3. Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama
  4. Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama

Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama (FOB) - 2022

In 2022, the average export price for colouring matter; inorganic products of a kind used as luminophoreses amounted to $1,037 per ton, reducing by -13.1% against the previous year. Over the period under review, the export price recorded a sharp decrease. The most prominent rate of growth was recorded in 2018 an increase of 4.9% against the previous year. Over the period under review, the average export prices hit record highs at $16,854 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($22,537 per ton), while the average price for exports to Costa Rica ($89 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 Chile (+26.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama (CIF) - 2022

In 2022, the average import price for colouring matter; inorganic products of a kind used as luminophoreses amounted to $14,989 per ton, remaining relatively unchanged against the previous year. In general, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $46,262 per ton in 2012; however, from 2013 to 2022, 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 China ($51,188 per ton), while the price for the United States amounted to $7,215 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama

For the third year in a row, Panama recorded decline in overseas shipments of colouring matter; inorganic products of a kind used as luminophoreses, which decreased by -30.3% to 9.2 tons in 2022. Overall, exports saw a dramatic decrease. The smallest decline of -16.6% was in 2021.

In value terms, exports of colouring matter; inorganic products of a kind used as luminophoreses shrank significantly to $9.5K in 2022. In general, exports saw a sharp setback. The smallest decline of -22.2% was in 2021.

Export of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago12.915.612.78.0-14.7%
Ecuador4.44.12.51.2-35.2%
Colombia0.20.30.40.20.0%
Costa Rica0.30.20.10.1-30.7%
Dominican Republic8.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total26.020.215.79.5-28.5%

Top Export Markets for Colouring Matter; Inorganic Products of A Kind Used As Luminophores from Panama in 2022:

  1. Ecuador (7.7 tons)
  2. Costa Rica (0.7 tons)
  3. Colombia (0.5 tons)
  4. Trinidad and Tobago (0.4 tons)

Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama

In 2022, the amount of colouring matter; inorganic products of a kind used as luminophoreses imported into Panama reached 181 kg, remaining stable against 2021 figures. Overall, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 205% against the previous year.

In value terms, imports of colouring matter; inorganic products of a kind used as luminophoreses totaled $2.7K in 2022. In general, imports showed noticeable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 223% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.80.51.51.6-3.9%
United States0.60.21.21.122.4%
OthersN/A0.1N/AN/A0%
Total2.40.82.72.74.0%

Top Suppliers of Colouring Matter; Inorganic Products of A Kind Used As Luminophores to Panama in 2022:

  1. United States (149.0 kg)
  2. China (32.0 kg)

Source: IndexBox Market Intelligence Platform

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