Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama - 2022

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama (FOB) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama (CIF) - 2022
3. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama
4. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,521 per ton, picking up by 14% against the previous year. In general, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $1,897 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($1,557 per ton), while the average price for exports to Colombia ($1,481 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 Brazil (-0.1%).

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,291 per ton, growing by 19% against the previous year. Overall, the import price, however, showed a slight contraction. The import price peaked at $1,545 per ton in 2012; however, from 2013 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 South Korea.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +20.2% per year.

Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama

For the fourth year in a row, Panama recorded growth in overseas shipments of acids; aromatic polycarboxylic acids; phthalic anhydrides, which increased by 171% to 303 tons in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides surged to $461K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Panama in 2022:

1. Brazil (112.0 tons)
2. Dominican Republic (108.0 tons)
3. Colombia (83.3 tons)

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Panama

In 2022, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Panama fell rapidly to 61 tons, reducing by -34.3% on the previous year's figure. Over the period under review, imports recorded a significant decrease.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides shrank remarkably to $78K in 2022. In general, imports continue to indicate a sharp shrinkage.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Panama in 2022:

1. South Korea (60.8 tons)

Source: IndexBox Market Intelligence Platform