Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama - 2023

Contents:

1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama (CIF) - 2022
2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama (FOB) - 2022
3. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama
4. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $2,298 per ton, picking up by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +3.7% per year.

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama (FOB) - 2022

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,286 per ton in 2022, approximately reflecting the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2014 an increase of 4.2%. Over the period under review, the average export prices hit record highs at $3,660 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,648 per ton), while the average price for exports to Canada amounted to $689 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (-20.8%).

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama

In 2022, imports of propylene, other olefin polymers; propylene copolymers in primary formses into Panama soared to 258 tons, jumping by 20% compared with the previous year's figure. Over the period under review, imports, however, showed a mild descent. The pace of growth appeared the most rapid in 2021 when imports increased by 95%.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses soared to $593K in 2022. Overall, imports recorded prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 148%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Panama in 2022:

1. Colombia (257.9 tons)

Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Panama

Exports of propylene, other olefin polymers; propylene copolymers in primary formses from Panama was estimated at 196 kg in 2022, standing approx. at 2021. Overall, exports showed a significant decrease. The smallest decline of 99.9% was in 2021.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses stood at $252 in 2022. In general, exports saw a sharp shrinkage. The smallest decline of 99.9% was in 2021.

Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Panama in 2022:

1. United Kingdom (122.0 kg)
2. Canada (74.0 kg)

Source: IndexBox Market Intelligence Platform