Chalk and Dolomite Price in Panama - 2023

Contents:

1. Chalk and Dolomite Price in Panama (CIF) - 2022
2. Chalk and Dolomite Price in Panama (FOB) - 2022
3. Chalk and Dolomite Imports in Panama
4. Chalk and Dolomite Exports in Panama

Chalk and Dolomite Price in Panama (CIF) - 2022

The average chalk and dolomite import price stood at $200 per ton in 2022, growing by 42% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 288% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($1,597 per ton), while the price for Guatemala ($103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Chalk and Dolomite Price in Panama (FOB) - 2022

The average chalk and dolomite export price stood at $556 per ton in 2022, dropping by -58.4% against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2020 when the average export price increased by 922%. The export price peaked at $2,865 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Trinidad and Tobago ($5,714 per ton), while the average price for exports to Jamaica ($318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+6.7%), while the prices for the other major destinations experienced a decline.

Chalk and Dolomite Imports in Panama

In 2022, after three years of growth, there was significant decline in supplies from abroad of chalk and dolomite, when their volume decreased by -30.5% to 456 tons. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 269% against the previous year. As a result, imports reached the peak of 656 tons, and then reduced rapidly in the following year.

In value terms, chalk and dolomite imports dropped slightly to $91K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 435% against the previous year. As a result, imports attained the peak of $93K, and then contracted modestly in the following year.

Top Suppliers of Chalk and Dolomite to Panama in 2022:

1. Guatemala (327.9 tons)
2. Spain (93.7 tons)
3. Greece (19.0 tons)
4. Mexico (9.0 tons)

Chalk and Dolomite Exports in Panama

In 2022, the amount of chalk and dolomite exported from Panama skyrocketed to 414 kg, growing by 41% compared with the previous year's figure. Over the period under review, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 365%.

In value terms, chalk and dolomite exports contracted sharply to $230 in 2022. Overall, exports, however, faced a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 443% against the previous year.

Top Export Markets for Chalk and Dolomite from Panama in 2022:

1. Jamaica (333.0 kg)
2. Belize (44.0 kg)
3. Guyana (30.0 kg)
4. Trinidad and Tobago (7.0 kg)

Source: IndexBox Market Intelligence Platform