Sulphides; of Sodium Price in Panama - 2023
Contents:
Sulphides; of Sodium Price in Panama (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $736 per ton, dropping by -5.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure at $834 per ton in 2018; however, from 2019 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 Mexico ($1,265 per ton), while the price for Nicaragua ($590 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.5%), while the prices for the other major suppliers experienced a decline.
Sulphides; of Sodium Imports in Panama
For the fourth year in a row, Panama recorded growth in overseas purchases of sulphides; of sodia, which increased by 2.2% to 123 tons in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 150% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, sulphides; of sodium imports dropped slightly to $90K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 128% against the previous year.
Import of Sulphides; of Sodium in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.5 | 34.6 | 61.8 | 58.8 | 83.6% |
Mexico | 16.9 | 26.6 | 31.0 | 30.2 | 21.4% |
Nicaragua | 0.9 | 1.1 | 1.1 | 0.9 | 0.0% |
Others | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
Total | 27.5 | 62.5 | 94.0 | 90.3 | 48.6% |
Top Suppliers of Sulphides; of Sodium to Panama in 2022:
- China (97.1 tons)
- Mexico (23.8 tons)
- Nicaragua (1.4 tons)
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