Price for Dyes; Reactive Dyes and Preparations Based Thereon in Panama - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Panama (FOB) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Panama (CIF) - 2022
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Panama
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Panama
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Panama (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $6,038 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2014 when the average export price increased by 23% against the previous year. The export price peaked at $10,472 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Honduras ($6,356 per ton) and Mexico ($6,228 per ton), while the average price for exports to Chile ($5,681 per ton) and Peru ($5,903 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.7%), while the prices for the other major destinations experienced a decline.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Panama (CIF) - 2022
The average import price for dyes; reactive dyes and preparations based therea stood at $17,593 per ton in 2022, with a decrease of -21.7% against the previous year. Overall, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of 194%. As a result, import price attained the peak level of $22,477 per ton, and then contracted markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.7% per year.
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Panama
In 2022, exports of dyes; reactive dyes and preparations based therea from Panama totaled 62 tons, therefore, remained relatively stable against 2021. Overall, exports saw a sharp decrease. The smallest decline of -63.5% was in 2020.
In value terms, exports of dyes; reactive dyes and preparations based therea stood at $374K in 2022. In general, exports saw a sharp contraction. The smallest decline of -75.1% was in 2020.
Export of Dyes; Reactive Dyes and Preparations Based Thereon in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 1,666 | 547 | N/A | 209 | -49.9% |
Colombia | 587 | 54.2 | N/A | 68.0 | -51.3% |
Ecuador | 476 | 49.6 | N/A | 57.0 | -50.7% |
Honduras | 120 | 21.4 | N/A | 24.8 | -40.9% |
Mexico | 53.3 | 5.4 | N/A | 6.4 | -50.7% |
Chile | 43.1 | 26.1 | N/A | 6.3 | -47.3% |
Others | 58.2 | 44.7 | N/A | 2.9 | -63.2% |
Total | 3,003 | 748 | N/A | 374 | -50.1% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Panama in 2022:
- Peru (35.3 tons)
- Colombia (10.9 tons)
- Ecuador (9.2 tons)
- Honduras (3.9 tons)
- Chile (1.1 tons)
- Mexico (1.0 tons)
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Panama
For the third consecutive year, Panama recorded decline in supplies from abroad of dyes; reactive dyes and preparations based therea, which decreased by -1.9% to 514 kg in 2022. Over the period under review, imports showed a dramatic shrinkage.
In value terms, imports of dyes; reactive dyes and preparations based therea dropped markedly to $9K in 2022. Overall, imports recorded a sharp descent. The smallest decline of -14.7% was in 2020.
Import of Dyes; Reactive Dyes and Preparations Based Thereon in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | 0.6 | 11.6 | 9.0 | 287.3% |
Thailand | 1,263 | 603 | N/A | N/A | -52.3% |
China | 270 | 770 | N/A | N/A | 185.2% |
United States | 68.1 | 157 | N/A | N/A | 130.5% |
India | 1,099 | 501 | N/A | N/A | -54.4% |
Indonesia | 99.2 | 143 | N/A | N/A | 44.2% |
Mexico | 27.9 | 167 | N/A | N/A | 498.6% |
Honduras | 523 | 241 | N/A | N/A | -53.9% |
Others | 30.4 | 299 | 0.1 | N/A | -94.3% |
Total | 3,381 | 2,883 | 11.8 | 9.0 | -86.1% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Panama in 2022:
- France (514.0 kg)
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