Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama - 2024
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama (CIF) - 2024
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama (CIF) - 2024
In March 2024, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $49.4 per unit, growing by 328% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $63.3 per unit in May 2023; however, from June 2023 to March 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Italy ($68.5 per unit), while the price for China ($6.7 per unit) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Mexico (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of iron or steel stood at $17 per unit in 2022, reducing by -39.9% against the previous year. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 140%. As a result, the export price reached the peak level of $53 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($34 per unit), while the average price for exports to the United States ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+60.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama
In 2022, the amount of containers for compressed or liquefied gas, of iron or steel imported into Panama shrank sharply to 108K units, falling by -42.7% against 2021 figures. In general, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 5.5% against the previous year. Imports peaked at 196K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel contracted dramatically to $3.9M in 2022. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 8.6% against the previous year. As a result, imports reached the peak of $5.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,897 | 1,984 | 2,588 | 1,695 | -3.7% |
| Mexico | 1,164 | 214 | 546 | 951 | -6.5% |
| China | 556 | 1,374 | 1,078 | 575 | 1.1% |
| Colombia | 118 | 4.5 | 37.0 | 257 | 29.6% |
| India | 68.4 | 962 | N/A | N/A | 1306.4% |
| Portugal | 405 | 640 | 581 | N/A | 19.8% |
| Others | 674 | 122 | 231 | 407 | -15.5% |
| Total | 4,882 | 5,300 | 5,060 | 3,885 | -7.3% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Panama in 2022:
- United States (56.8K units)
- China (22.4K units)
- Mexico (16.4K units)
- Colombia (8.4K units)
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama
In 2022, approx. 1.5K units of containers for compressed or liquefied gas, of iron or steel were exported from Panama; falling by -72.4% on 2021. In general, exports recorded a sharp decline. The smallest decline of -32.8% was in 2021. Over the period under review, the exports of attained the peak figure at 18K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel declined dramatically to $26K in 2022. Over the period under review, exports saw a precipitous slump. The smallest decline of -11.9% was in 2021. Over the period under review, the exports of attained the maximum at $347K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 17.6 | 0.2 | N/A | 15.4 | -4.4% |
| United States | 7.4 | 6.0 | N/A | 7.2 | -0.9% |
| Spain | N/A | 0.7 | N/A | 1.1 | 25.4% |
| Dominican Republic | 33.2 | N/A | 60.4 | 1.0 | -68.9% |
| Benin | N/A | 85.5 | N/A | N/A | 0% |
| South Korea | N/A | N/A | 18.4 | N/A | 0% |
| Guatemala | 44.5 | 60.8 | 8.4 | N/A | -56.6% |
| India | 2.0 | 1.9 | N/A | N/A | -5.0% |
| Jamaica | 233 | 0.8 | N/A | N/A | -99.7% |
| Others | 8.8 | 20.0 | 67.7 | 1.0 | -51.6% |
| Total | 347 | 176 | 155 | 25.7 | -58.0% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Panama in 2022:
- United States (841.0 units)
- Netherlands (514.0 units)
- Spain (103.0 units)
- Dominican Republic (38.0 units)
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