Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama (CIF) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama (CIF) - 2022
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,342 per ton in 2022, picking up by 35% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 50%. As a result, import price reached the peak level of $3,930 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2,612 per ton), while the price for Tunisia ($754 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+121.2%), while the prices for the other major suppliers experienced a decline.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $2,355 per ton, rising by 14% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +51.2% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 55%. As a result, the export price attained the peak level of $2,702 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($8,256 per ton), while the average price for exports to Colombia ($699 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 Guatemala (+9.3%), while the prices for the other major destinations experienced a decline.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama
For the fourth year in a row, Panama recorded growth in purchases abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, which increased by 15% to 6.4K tons in 2022. The total import volume increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $8.5M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 402 | 541 | 444 | 2,316 | 79.3% |
| United States | 261 | 504 | 1,031 | 2,057 | 99.0% |
| Tunisia | 576 | 564 | 893 | 1,496 | 37.5% |
| Belgium | 336 | 269 | 432 | 602 | 21.5% |
| Russia | 516 | 310 | 384 | 461 | -3.7% |
| Dominican Republic | 521 | 498 | 257 | 316 | -15.4% |
| Germany | 304 | 386 | 515 | 181 | -15.9% |
| Spain | 190 | 143 | 338 | 108 | -17.2% |
| Venezuela | 312 | 297 | 361 | N/A | 7.6% |
| Peru | 164 | 132 | 125 | N/A | -12.7% |
| Others | 448 | 498 | 686 | 1,000 | 30.7% |
| Total | 4,031 | 4,142 | 5,467 | 8,536 | 28.4% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Panama in 2022:
- Tunisia (1982.5 tons)
- United States (1557.3 tons)
- China (1505.5 tons)
- Russia (313.4 tons)
- Dominican Republic (276.0 tons)
- Belgium (230.3 tons)
- Spain (87.5 tons)
- Germany (61.6 tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama
In 2022, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from Panama surged to 23 tons, rising by 31% on the previous year. Over the period under review, exports, however, faced a deep slump.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $53K in 2022. In general, exports, however, showed a pronounced slump.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 44.8 | 46.6 | 25.0 | 34.1 | -8.7% |
| Guatemala | 5.2 | 5.5 | 3.4 | 5.3 | 0.6% |
| Dominican Republic | 1.3 | 5.8 | 3.1 | 4.2 | 47.8% |
| Suriname | N/A | N/A | N/A | 4.0 | 0% |
| Ecuador | 2.6 | 4.3 | 2.7 | 3.6 | 11.5% |
| Colombia | 1.2 | 0.4 | 0.7 | 0.9 | -9.1% |
| Costa Rica | 1.4 | 0.7 | 0.3 | 0.2 | -47.7% |
| Others | 2.3 | 7.6 | 0.9 | 1.0 | -24.2% |
| Total | 58.8 | 70.9 | 36.0 | 53.4 | -3.2% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Panama in 2022:
- Venezuela (17.5 tons)
- Colombia (1.3 tons)
- Dominican Republic (1.3 tons)
- Ecuador (0.8 tons)
- Suriname (0.7 tons)
- Guatemala (0.6 tons)
- Costa Rica (0.1 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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