Artificial Graphite Price in Panama - 2023

Contents:

1. Artificial Graphite Price in Panama (CIF) - 2022
2. Artificial Graphite Price in Panama (FOB) - 2022
3. Artificial Graphite Imports in Panama
4. Artificial Graphite Exports in Panama

Artificial Graphite Price in Panama (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $93,082 per ton, rising by 9,902% against the previous year. In general, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($147,200 per ton), while the price for the United States totaled $66,683 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Artificial Graphite Price in Panama (FOB) - 2022

The average artificial graphite export price stood at $776 per ton in 2022, dropping by -19.5% against the previous year. Overall, the export price showed a dramatic downturn. The most prominent rate of growth was recorded in 2013 an increase of 73%. As a result, the export price reached the peak level of $14,724 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($1,168 per ton), while the average price for exports to Venezuela amounted to $241 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-22.5%).

Artificial Graphite Imports in Panama

In 2022, the amount of artificial graphite imported into Panama dropped notably to 61 kg, reducing by -99.4% on 2021 figures. Overall, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 345,300%.

In value terms, artificial graphite imports fell markedly to $5.7K in 2022. In general, imports showed a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 321,333% against the previous year.

Top Suppliers of Artificial Graphite to Panama in 2022:

1. United States (41.0 kg)
2. Germany (20.0 kg)

Artificial Graphite Exports in Panama

For the fourth year in a row, Panama recorded growth in overseas shipments of artificial graphite, which increased by 8.8% to 1.7 tons in 2022. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 8.8%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, artificial graphite exports dropped to $1.3K in 2022. Overall, exports, however, continue to indicate a abrupt setback.

Top Export Markets for Artificial Graphite from Panama in 2022:

1. Costa Rica (953.0 kg)
2. Venezuela (698.0 kg)

Source: IndexBox Market Intelligence Platform