Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama - 2023

Contents:

1. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama (CIF) - 2022
2. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama (FOB) - 2022
3. Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama
4. Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama (CIF) - 2022

The average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $4,228 per ton in 2022, declining by -16.1% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 672% against the previous year. As a result, import price reached the peak level of $75,037 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($35,936 per ton), while the price for China ($2,847 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama (FOB) - 2022

In 2022, the average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $15,101 per ton, flattening at the previous year. Overall, the export price saw a noticeable downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 121%. Over the period under review, the average export prices attained the peak figure at $20,004 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($357,000 per ton), while the average price for exports to Jamaica ($536 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 Ecuador (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama

For the fourth consecutive year, Panama recorded growth in supplies from abroad of heterocyclic compounds with oxygen hetero-atom(s) onlies, which increased by 2.1% to 61 tons in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies reduced to $256K in 2022. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, imports attained the peak of $299K, and then contracted in the following year.

Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to Panama in 2022:

1. China (51.3 tons)
2. Free Zones (7.1 tons)
3. United States (1.0 tons)
4. Uruguay (1.0 tons)

Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Panama

In 2022, shipments abroad of heterocyclic compounds with oxygen hetero-atom(s) onlies decreased by 0% to 1.8 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 748% against the previous year. As a result, the exports reached the peak of 4.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies totaled $27K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 900%. As a result, the exports attained the peak of $54K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from Panama in 2022:

1. Jamaica (1112.0 kg)
2. Colombia (261.0 kg)
3. Dominican Republic (150.0 kg)
4. Costa Rica (71.0 kg)
5. Venezuela (70.0 kg)
6. Chile (55.0 kg)
7. Honduras (25.0 kg)

Source: IndexBox Market Intelligence Platform