Panama - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Panama - 2023
Contents:
- Carboxylic Acid Price in Panama (CIF) - 2022
- Carboxylic Acid Price in Panama (FOB) - 2022
- Carboxylic Acid Imports in Panama
- Carboxylic Acid Exports in Panama
Carboxylic Acid Price in Panama (CIF) - 2022
The average carboxylic acid import price stood at $2,051 per ton in 2022, with an increase of 32% against the previous year. In general, the import price, however, recorded a perceptible setback. The growth pace was the most rapid in 2014 an increase of 49%. As a result, import price attained the peak level of $4,017 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($6,304 per ton), while the price for Hong Kong SAR ($1,205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Price in Panama (FOB) - 2022
In 2022, the average carboxylic acid export price amounted to $2,417 per ton, increasing by 11% against the previous year. Over the period under review, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $5,634 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($2,609 per ton), while the average price for exports to Colombia stood at $2,116 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+24.3%), while the prices for the other major destinations experienced a decline.
Carboxylic Acid Imports in Panama
In 2022, carboxylic acid imports into Panama shrank notably to 359 tons, with a decrease of -38.7% on the previous year's figure. Overall, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 585 tons, and then dropped dramatically in the following year.
In value terms, carboxylic acid imports dropped sharply to $735K in 2022. In general, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year.
| Import of Carboxylic Acid in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 393 | 305 | 491 | 292 | -9.4% |
| Spain | 183 | 151 | 162 | 192 | 1.6% |
| United States | 165 | 229 | 54.5 | 91.0 | -18.0% |
| Netherlands | N/A | 16.5 | 71.5 | 58.8 | 88.8% |
| Free Zones | 30.0 | 8.4 | 39.3 | 53.0 | 20.9% |
| Hong Kong SAR | 94.6 | 4.5 | N/A | 29.0 | -32.6% |
| Belgium | 77.0 | 32.1 | 23.7 | N/A | -44.5% |
| Others | 74.6 | 30.8 | 68.9 | 19.7 | -35.8% |
| Total | 1,017 | 777 | 911 | 735 | -10.3% |
Top Suppliers of Carboxylic Acid to Panama in 2022:
- China (214.1 tons)
- Spain (66.8 tons)
- Hong Kong SAR (24.1 tons)
- Netherlands (22.8 tons)
- United States (20.1 tons)
- Free Zones (8.4 tons)
Carboxylic Acid Exports in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, which decreased by -15.5% to 37 tons in 2022. In general, exports showed a sharp decline. The smallest decline of -14.1% was in 2021.
In value terms, carboxylic acid exports declined to $89K in 2022. Over the period under review, exports saw a dramatic curtailment.
| Export of Carboxylic Acid in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 89.8 | 6.5 | 63.9 | 58.5 | -13.3% |
| Colombia | 41.2 | 8.8 | 30.8 | 30.1 | -9.9% |
| Venezuela | 21.9 | N/A | N/A | N/A | 0% |
| Guatemala | 9.2 | 45.0 | N/A | N/A | 389.1% |
| Costa Rica | N/A | 22.6 | N/A | N/A | 0% |
| Jamaica | 51.9 | 19.6 | N/A | N/A | -62.2% |
| Others | N/A | 5.8 | N/A | N/A | 0% |
| Total | 214 | 108 | 94.7 | 88.6 | -25.5% |
Top Export Markets for Carboxylic Acid from Panama in 2022:
- El Salvador (22.4 tons)
- Colombia (14.2 tons)
This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
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In value terms, carboxyamide-function compounds and amide-function compounds exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; t...
905
In value terms, carboxyimide-function compounds exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
1246
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
984
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
723
In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
658
In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
