Price for Steel, Alloy; Ingots and Other Primary Forms in Panama - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Panama (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Panama
Price for Steel, Alloy; Ingots and Other Primary Forms in Panama (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $2,341 per ton, rising by 5.2% against the previous year. Overall, the import price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 97% against the previous year. As a result, import price attained the peak level of $6,412 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
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 +3.3% per year.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Panama
In 2022, approx. 22 tons of steel, alloy; ingots and other primary formses were imported into Panama; reducing by -20.1% on the previous year. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,068%. As a result, imports reached the peak of 28 tons, and then contracted notably in the following year.
In value terms, imports of steel, alloy; ingots and other primary formses fell markedly to $52K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,133% against the previous year. As a result, imports attained the peak of $62K, and then shrank remarkably in the following year.
Import of Steel, Alloy; Ingots and Other Primary Forms in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.1 | 5.0 | 61.6 | 51.8 | 116.6% |
Australia | 8.2 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 13.4 | 5.0 | 61.6 | 51.8 | 56.9% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Panama in 2022:
- United States (22.1 tons)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Panama.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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