Panama - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nitric and Sulphonitric Acids in Panama - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in Panama (CIF) - 2022
- Price for Nitric and Sulphonitric Acids in Panama (FOB) - 2022
- Imports of Nitric and Sulphonitric Acids in Panama
- Exports of Nitric and Sulphonitric Acids in Panama
Price for Nitric and Sulphonitric Acids in Panama (CIF) - 2022
The average nitric and sulphonitric acids import price stood at $326 per ton in 2022, with a decrease of -40.6% against the previous year. Over the period under review, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $643 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($338 per ton), while the price for the Netherlands amounted to $291 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.4%).
Price for Nitric and Sulphonitric Acids in Panama (FOB) - 2022
The average nitric and sulphonitric acids export price stood at $341 per ton in 2021, with a decrease of -12.2% against the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27%. As a result, the export price reached the peak level of $699 per ton. From 2014 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2021, the rate of growth in terms of prices for Guatemala amounted to -5.2% per year.
Imports of Nitric and Sulphonitric Acids in Panama
In 2022, supplies from abroad of nitric acid and sulphonitric acids increased by 95% to 323 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitric and sulphonitric acids imports skyrocketed to $105K in 2022. Over the period under review, imports, however, saw a pronounced curtailment.
Import of Nitric and Sulphonitric Acids in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 38.7 | 30.0 | 25.6 | 72.8 | 23.4% |
Belgium | 16.9 | 12.9 | 7.7 | 24.1 | 12.6% |
India | 31.1 | 44.6 | 50.1 | N/A | 26.9% |
Others | 31.4 | 17.0 | 7.5 | 8.1 | -36.3% |
Total | 118 | 104 | 90.8 | 105 | -3.8% |
Top Suppliers of Nitric and Sulphonitric Acids to Panama in 2022:
- Netherlands (250.2 tons)
- Belgium (71.3 tons)
Exports of Nitric and Sulphonitric Acids in Panama
In 2021, nitric and sulphonitric acids exports from Panama skyrocketed to 36 tons, with an increase of 50% against the year before. In general, exports, however, faced a abrupt downturn.
In value terms, nitric and sulphonitric acids exports soared to $12K in 2021. Overall, exports, however, recorded a abrupt curtailment.
Export of Nitric and Sulphonitric Acids in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Guatemala | 9.5 | 8.5 | 12.2 | 13.3% | |
Jamaica | N/A | 0.8 | N/A | 0% | |
Others | 5.7 | N/A | N/A | 0% | |
Total | 15.2 | 9.3 | 12.2 | -10.4% |
Top Export Markets for Nitric and Sulphonitric Acids from Panama in 2022:
- Guatemala (35.9 tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20151050 - Nitric acid, sulphonitric acids
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Panama.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Panama.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...