Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Panama - 2022

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Panama (CIF) - 2022
  2. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Panama

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Panama (CIF) - 2022

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $8,335 per ton, remaining stable against the previous year. Over the period under review, the import price recorded a significant increase. The growth pace was the most rapid in 2015 an increase of 95% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,936 per ton), while the price for Ecuador amounted to $4,857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+24.4%).

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Panama

In 2022, the amount of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses imported into Panama skyrocketed to 227 kg, increasing by 19% compared with the year before. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 249% against the previous year. As a result, imports attained the peak of 614 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $1.9K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 289%. As a result, imports attained the peak of $3.7K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8832,2611,4511,74625.5%
Ecuador33.028434.034.01.0%
Others44.01,18692.011236.5%
Total9603,7311,5771,89225.4%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Panama in 2022:

  1. Spain (220.0 kg)
  2. Ecuador (7.0 kg)

Source: IndexBox Market Intelligence Platform

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