Price for Zinc; Powders and Flakes in Panama - 2022

Contents:

  1. Price for Zinc; Powders and Flakes in Panama (CIF) - 2022
  2. Imports of Zinc; Powders and Flakes in Panama

Price for Zinc; Powders and Flakes in Panama (CIF) - 2022

In 2022, the average zinc; powders and flakes import price amounted to $3,424 per ton, declining by -30% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 252% against the previous year. As a result, import price attained the peak level of $8,601 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,734 per ton), while the price for El Salvador amounted to $3,319 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+23.9%), while the prices for the other major suppliers experienced a decline.

Imports of Zinc; Powders and Flakes in Panama

Zinc; powders and flakes imports into Panama skyrocketed to 363 kg in 2022, increasing by 56% compared with the year before. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 468% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, zinc; powders and flakes imports expanded notably to $1.2K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 797% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Zinc; Powders and Flakes in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/AN/AN/A9360%
United States72.057.041529560.0%
Free ZonesN/AN/A708N/A0%
Others6.070.016.012.026.0%
Total78.01271,1391,243151.6%

Top Suppliers of Zinc; Powders and Flakes to Panama in 2022:

  1. El Salvador (282.0 kg)
  2. United States (79.0 kg)

Source: IndexBox Market Intelligence Platform

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