Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Panama - 2023
Contents:
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Panama (CIF) - 2022
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Panama (FOB) - 2022
- Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Panama
- Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Panama
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Panama (CIF) - 2022
The average sulphates; alums; peroxosulphates (persulphates) import price stood at $280 per ton in 2022, rising by 33% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 51%. As a result, import price attained the peak level of $990 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($337 per ton), while the price for Russia ($240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Panama (FOB) - 2022
The average sulphates; alums; peroxosulphates (persulphates) export price stood at $521 per ton in 2022, picking up by 45% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 100% against the previous year. As a result, the export price reached the peak level of $5,003 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -2.4% per year.
Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Panama
In 2022, the amount of sulphates; alums; peroxosulphates (persulphates)s imported into Panama soared to 26K tons, rising by 16% compared with the year before. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, sulphates; alums; peroxosulphates (persulphates) imports soared to $7.3M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.5 | 0.2 | 0.4 | 4.8 | 112.5% |
Spain | 0.9 | 0.8 | 2.8 | 1.9 | 28.3% |
Russia | 0.8 | 0.7 | 0.6 | 0.2 | -37.0% |
Others | 0.7 | 1.0 | 0.9 | 0.4 | -17.0% |
Total | 2.8 | 2.6 | 4.7 | 7.3 | 37.6% |
Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Panama in 2022:
- China (19.1K tons)
- Spain (5.5K tons)
- Russia (0.8K tons)
Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Panama
In 2022, after three years of growth, there was significant decline in shipments abroad of sulphates; alums; peroxosulphates (persulphates)s, when their volume decreased by -44% to 560 tons. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of 1K tons, and then fell rapidly in the following year.
In value terms, sulphates; alums; peroxosulphates (persulphates) exports shrank sharply to $292K in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $360K, and then contracted notably in the following year.
Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 262 | 267 | 360 | 292 | 3.7% |
Others | 14.3 | 12.3 | N/A | N/A | -14.0% |
Total | 277 | 279 | 360 | 292 | 1.8% |
Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Panama in 2022:
- Costa Rica (560.0 tons)
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