Price for Quinones; Other than Anthraquinone in Panama - 2022

Contents:

  1. Price for Quinones; Other than Anthraquinone in Panama (FOB) - 2022
  2. Price for Quinones; Other than Anthraquinone in Panama (CIF) - 2022
  3. Exports of Quinones; Other than Anthraquinone in Panama
  4. Imports of Quinones; Other than Anthraquinone in Panama

Price for Quinones; Other than Anthraquinone in Panama (FOB) - 2022

In 2022, the average quinones; other than anthraquinone export price amounted to $52,764 per ton, increasing by 52% against the previous year. In general, the export price, however, showed a noticeable reduction. The growth pace was the most rapid in 2014 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices reached the peak figure at $159,988 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -10.6% per year.

Price for Quinones; Other than Anthraquinone in Panama (CIF) - 2022

The average quinones; other than anthraquinone import price stood at $19,375 per ton in 2022, approximately equating the previous year. In general, the import price posted a strong increase. The pace of growth was the most pronounced in 2018 an increase of 111% against the previous year. Over the period under review, average import prices hit record highs at $22,300 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($53,071 per ton), while the price for China ($16,492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Quinones; Other than Anthraquinone in Panama

In 2022, the amount of quinones; other than anthraquinones exported from Panama soared to 3.3 tons, picking up by 254% against 2021. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, quinones; other than anthraquinone exports skyrocketed to $173K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Quinones; Other than Anthraquinone in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador58.532.332.317343.5%
OthersN/AN/AN/AN/A0%
Total58.532.332.317343.5%

Top Export Markets for Quinones; Other than Anthraquinone from Panama in 2022:

  1. Ecuador (3.3 tons)

Imports of Quinones; Other than Anthraquinone in Panama

In 2022, overseas purchases of quinones; other than anthraquinones decreased by -59.4% to 208 kg, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year. As a result, imports attained the peak of 1 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, quinones; other than anthraquinone imports declined markedly to $4K in 2022. Over the period under review, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 41%. As a result, imports reached the peak of $16K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Quinones; Other than Anthraquinone in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.58.86.63.1-4.0%
Free Zones2.53.72.30.7-34.6%
Germany4.73.00.8N/A-58.7%
Others0.50.40.20.1-41.5%
Total11.215.89.94.0-29.1%

Top Suppliers of Quinones; Other than Anthraquinone to Panama in 2022:

  1. China (191.0 kg)
  2. Free Zones (14.0 kg)
  3. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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