Panama - Calcium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

Panama - Calcium Carbonate - Market Analysis, Forecast, Size, Trends And Insights

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Calcium Carbonate Price in Panama - 2023

Contents:

  1. Calcium Carbonate Price in Panama (CIF) - 2023
  2. Calcium Carbonate Price in Panama (FOB) - 2022
  3. Calcium Carbonate Imports in Panama
  4. Calcium Carbonate Exports in Panama

Calcium Carbonate Price in Panama (CIF) - 2023

In September 2023, the average calcium carbonate import price amounted to $244 per ton, waning by -28% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 75% m-o-m. Over the period under review, average import prices attained the peak figure at $383 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Colombia ($497 per ton), while the price for Vietnam ($165 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Calcium Carbonate Price in Panama (FOB) - 2022

The average calcium carbonate export price stood at $500 per ton in 2022, rising by 59% against the previous year. Overall, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 108%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Venezuela.

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +36.2% per year.

Calcium Carbonate Imports in Panama

In 2022, imports of calcium carbonate into Panama plummeted to 5.4K tons, which is down by -29.7% compared with 2021. In general, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. As a result, imports attained the peak of 7.6K tons, and then declined significantly in the following year.

In value terms, calcium carbonate imports totaled $1.5M in 2022. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Calcium Carbonate in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia13113351164269.9%
Spain26520139838613.4%
Free Zones0.9N/AN/A105388.6%
Italy5.117.769.599.3169.0%
Dominican Republic0.323.152.994.6580.6%
Mexico2.36.231.953.3185.1%
Costa Rica10.418.439.218.621.4%
Peru23.622.726.4N/A5.8%
Vietnam10513941.1N/A-37.4%
United States75.965.05.0N/A-74.3%
Greece11560.267.2N/A-23.6%
Turkey13644.4125N/A-4.1%
Others38.847.973.667.920.5%
Total9087781,4411,46717.3%

Top Suppliers of Calcium Carbonate to Panama in 2022:

  1. Colombia (2743.1 tons)
  2. Spain (1031.2 tons)
  3. Dominican Republic (650.3 tons)
  4. Free Zones (333.9 tons)
  5. Italy (287.1 tons)
  6. Mexico (147.3 tons)
  7. Costa Rica (88.5 tons)

Calcium Carbonate Exports in Panama

In 2022, exports of calcium carbonate from Panama soared to 173 tons, growing by 267% against the previous year's figure. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, calcium carbonate exports soared to $87K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Calcium Carbonate in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela0.73.67.186.7398.5%
SpainN/A0.7N/AN/A0%
Guatemala2.12.70.4N/A-56.4%
Costa Rica0.92.22.2N/A56.3%
Jamaica0.81.91.8N/A50.0%
Others0.91.13.4N/A94.4%
Total5.412.214.986.7152.3%

Top Export Markets for Calcium Carbonate from Panama in 2022:

  1. Venezuela (173.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the calcium carbonate market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20134340 - Calcium carbonate

Country coverage:

  • Panama

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Panama
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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