Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Panama - 2022
Contents:
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Panama (CIF) - 2022
- Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Panama
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Panama (CIF) - 2022
The average import price for silicon; containing by weight not less than 99.99% of silica stood at $27,667 per ton in 2022, rising by 2.3% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 82%. As a result, import price reached the peak level of $30,429 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +11.0% per year.
Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Panama
In 2022, purchases abroad of silicon; containing by weight not less than 99.99% of silica decreased by -13.7% to 258 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of 299 kg, and then shrank in the following year.
In value terms, imports of silicon; containing by weight not less than 99.99% of silica declined to $7.1K in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports reached the peak of $8.1K, and then fell in the following year.
| Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.4 | 6.2 | 8.1 | 7.1 | 9.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.4 | 6.2 | 8.1 | 7.1 | 9.6% |
Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to Panama in 2022:
- United States (258.0 kg)
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