Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama - 2024
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama (FOB) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama (CIF) - 2022
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama (FOB) - 2022
In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,023 per ton, stabilizing at the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 65% against the previous year. As a result, the export price reached the peak level of $5,606 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($7,324 per ton), while the average price for exports to Colombia ($2,412 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 Trinidad and Tobago (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,445 per ton, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 28%. The import price peaked at $6,423 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($32,455 per ton), while the price for Germany ($2,487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama
For the fourth year in a row, Panama recorded growth in shipments abroad of colouring matter; pigments and preparations based on chromium compoundses, which increased by 0.5% to 14 tons in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 320%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses totaled $57K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 227% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 1.2 | 8.2 | 36.6 | 36.9 | 213.3% |
| Trinidad and Tobago | 2.9 | 8.5 | 6.9 | 7.1 | 34.8% |
| Dominican Republic | 2.8 | 8.2 | 6.8 | 7.0 | 35.7% |
| Honduras | 1.5 | 4.2 | 3.3 | 3.3 | 30.1% |
| Colombia | 1.0 | 2.3 | 1.4 | 1.2 | 6.3% |
| Venezuela | 0.7 | 1.8 | 1.3 | 1.2 | 19.7% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 10.2 | 33.3 | 56.4 | 56.7 | 77.1% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Panama in 2022:
- Guatemala (9.3 tons)
- Dominican Republic (1.8 tons)
- Honduras (1.3 tons)
- Trinidad and Tobago (1.0 tons)
- Colombia (0.5 tons)
- Venezuela (0.2 tons)
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama
Imports of colouring matter; pigments and preparations based on chromium compoundses into Panama shrank rapidly to 1 tons in 2022, waning by -32.2% compared with the year before. In general, imports saw a significant decrease.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses dropped sharply to $5.7K in 2022. Overall, imports continue to indicate a sharp setback.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 25.7 | 13.2 | 4.7 | 3.2 | -50.1% |
| United States | 1.1 | 0.8 | 0.4 | 0.8 | -10.1% |
| Germany | 5.2 | 2.2 | 0.7 | 0.4 | -57.5% |
| China | 26.7 | 2.8 | 0.7 | 0.3 | -77.6% |
| India | 1.9 | 1.1 | 0.3 | 0.2 | -52.8% |
| Colombia | 0.7 | 1.7 | 0.1 | 0.2 | -34.1% |
| South Korea | 3.1 | 1.2 | 0.3 | 0.2 | -59.9% |
| Free Zones | 2.8 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 0.6 | 0.3 | 0.4 | -45.0% |
| Total | 69.6 | 23.7 | 7.5 | 5.7 | -56.6% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Panama in 2022:
- Hong Kong SAR (492.0 kg)
- Germany (154.0 kg)
- China (122.0 kg)
- United States (107.0 kg)
- India (70.0 kg)
- Colombia (52.0 kg)
- South Korea (18.0 kg)
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