Dithionites and Sulphoxylates Price in Panama - 2022
Contents:
- Dithionites and Sulphoxylates Price in Panama (CIF) - 2022
- Dithionites and Sulphoxylates Price in Panama (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Panama
- Dithionites and Sulphoxylates Exports in Panama
Dithionites and Sulphoxylates Price in Panama (CIF) - 2022
In 2022, the average dithionites and sulphoxylates import price amounted to $5,357 per ton, surging by 120% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. As a result, import price reached 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 Colombia ($25,280 per ton), while the price for China ($2,072 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Price in Panama (FOB) - 2022
The average dithionites and sulphoxylates export price stood at $1,192 per ton in 2022, remaining stable against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of 24% against the previous year. The export price peaked at $3,015 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -7.2% per year.
Dithionites and Sulphoxylates Imports in Panama
For the third consecutive year, Panama recorded decline in overseas purchases of dithionites and sulphoxylateses, which decreased by -19.6% to 1.8 tons in 2022. Overall, imports continue to indicate a sharp slump.
In value terms, dithionites and sulphoxylates imports skyrocketed to $9.6K in 2022. In general, imports saw a significant curtailment.
| Import of Dithionites and Sulphoxylates in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 5.6 | 2.7 | 1.0 | 5.1 | -3.1% |
| Free Zones | N/A | N/A | N/A | 2.3 | 0% |
| China | 82.9 | 31.5 | 3.8 | 1.9 | -71.6% |
| United States | 1.6 | 0.5 | 0.1 | 0.3 | -42.8% |
| Others | 1.5 | 1.1 | 0.5 | N/A | -42.3% |
| Total | 91.6 | 35.7 | 5.4 | 9.6 | -52.9% |
Top Suppliers of Dithionites and Sulphoxylates to Panama in 2022:
- China (941.0 kg)
- Free Zones (560.0 kg)
- Colombia (200.0 kg)
- United States (93.0 kg)
Dithionites and Sulphoxylates Exports in Panama
After three years of growth, overseas shipments of dithionites and sulphoxylateses decreased by -3.9% to 67 tons in 2022. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8.6% against the previous year. As a result, the exports reached the peak of 70 tons, and then dropped slightly in the following year.
In value terms, dithionites and sulphoxylates exports contracted to $80K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 8.7% against the previous year.
| Export of Dithionites and Sulphoxylates in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 70.3 | 76.4 | 83.0 | 79.7 | 4.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 70.3 | 76.4 | 83.0 | 79.7 | 4.3% |
Top Export Markets for Dithionites and Sulphoxylates from Panama in 2022:
- Guatemala (66.9 tons)
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