Gold Compounds Price in Panama - 2023
Contents:
Gold Compounds Price in Panama (CIF) - 2022
The average gold compounds import price stood at $437,000 per ton in 2022, which is down by -91.1% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 550%. The import price peaked at $9,985,000 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.9% per year.
Gold Compounds Imports in Panama
In 2022, approx. 6 kg of gold compoundses were imported into Panama; rising by 500% against the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, gold compounds imports declined remarkably to $2.6K in 2022. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 550%. As a result, imports reached the peak of $4.9K, and then shrank remarkably in the following year.
| Import of Gold Compounds in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | N/A | N/A | N/A | 2.6 | 0% |
| United States | 2.1 | 0.8 | 4.9 | N/A | 52.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 0.8 | 4.9 | 2.6 | 7.4% |
Top Suppliers of Gold Compounds to Panama in 2022:
- Free Zones (6.0 kg)
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