Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Panama - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Panama (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Panama (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Panama
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Panama
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Panama (CIF) - 2023
In September 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,434 per ton, waning by -79.7% against the previous month. In general, the import price saw a pronounced decrease. The pace of growth appeared the most rapid in July 2023 an increase of 370% month-to-month. As a result, import price reached the peak level of $7,815 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($3,461 per ton), while the price for Colombia stood at $1,393 per ton.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Panama (FOB) - 2022
Panama has no trade partners to describe.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Panama
In 2022, approx. 535 tons of polymers of propylene or of other olefins, in primary formses were imported into Panama; growing by 5.5% compared with the previous year's figure. Over the period under review, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 33%.
In value terms, imports of polymers of propylene or of other olefins, in primary formses soared to $1.2M in 2022. Overall, imports recorded perceptible growth. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 494 | 205 | 798 | 905 | 22.4% |
| China | 1.6 | 3.8 | 33.9 | 75.4 | 261.2% |
| Taiwan (Chinese) | N/A | N/A | 29.3 | 66.5 | 127.0% |
| United States | 232 | 105 | 72.1 | 42.9 | -43.0% |
| Spain | 9.6 | N/A | 16.5 | 19.8 | 27.3% |
| United Arab Emirates | 2.7 | 174 | N/A | N/A | 6344.4% |
| Others | 283 | 12.3 | 56.0 | 67.5 | -38.0% |
| Total | 1,023 | 501 | 1,006 | 1,177 | 4.8% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Panama in 2022:
- Colombia (405.8 tons)
- Taiwan (Chinese) (52.8 tons)
- China (38.6 tons)
- United States (17.0 tons)
- Spain (13.6 tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Panama
In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by 0% to 17 tons, falling for the second year in a row after two years of growth. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 536%. As a result, the exports reached the peak of 31 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of polymers of propylene or of other olefins, in primary formses totaled $42K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 479%. As a result, the exports attained the peak of $83K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | 33.0 | N/A | N/A | 0% |
| Chile | N/A | 0.7 | N/A | N/A | 0% |
| Venezuela | N/A | 5.0 | N/A | N/A | 0% |
| Others | 14.3 | 44.4 | N/A | 41.5 | 42.6% |
| Total | 14.3 | 83.0 | N/A | 41.5 | 42.6% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Panama in 2022:
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Panama.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Panama.
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