Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama - 2023

Contents:

1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama (CIF) - 2022
2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama (FOB) - 2022
3. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama
4. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama (CIF) - 2022

In 2022, the average import price for liquefied ethylene, propylene, butylene and butadienes amounted to $2,648 per ton, increasing by 16% against the previous year. In general, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2017 an increase of 88% against the previous year. Over the period under review, average import prices reached the peak figure at $3,332 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Costa Rica ($3,331 per ton), while the price for China ($2,670 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama (FOB) - 2022

In 2021, the average export price for liquefied ethylene, propylene, butylene and butadienes amounted to $2,336 per ton, picking up by 80% against the previous year. In general, the export price posted a significant expansion. The growth pace was the most rapid in 2020 when the average export price increased by 151%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Guyana.

From 2019 to 2021, the rate of growth in terms of prices for Guyana amounted to 0.0% per year.

Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama

In 2022, approx. 5.4 tons of liquefied ethylene, propylene, butylene and butadienes were imported into Panama; which is down by -23.5% against the previous year's figure. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 89%.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes contracted to $14K in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 30%.

Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to Panama in 2022:

1. China (2.2 tons)
2. United States (1.7 tons)
3. Costa Rica (1.1 tons)

Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Panama

In 2022, shipments abroad of liquefied ethylene, propylene, butylene and butadienes was finally on the rise to reach 522 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt descent.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes surged to $1.3K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 52%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Liquefied Ethylene, Propylene, Butylene and Butadiene from Panama in 2022:

1. Guyana (446.0 kg)

Source: IndexBox Market Intelligence Platform