Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama - 2023

Contents:

  1. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (CIF) - 2023
  2. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (FOB) - 2022
  3. Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama
  4. Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (CIF) - 2023

In September 2023, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,411 per ton, shrinking by -59.9% against the previous month. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in June 2023 an increase of 255% against the previous month. The import price peaked at $5,656 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($15,996 per ton), while the price for Colombia ($612 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (FOB) - 2022

In 2022, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,676 per ton, approximately mirroring the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2019 when the average export price increased by 34% against the previous year. The export price peaked at $5,348 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($1,699 per ton), while the average price for exports to Colombia stood at $1,080 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+10.1%), while the prices for the other major destinations experienced a decline.

Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama

In 2022, supplies from abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses increased by 25% to 1.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt shrinkage.

In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses rose remarkably to $2.4M in 2022. Over the period under review, imports, however, recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 12%.

Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,936982977666-44.7%
ColombiaN/A0.51493622590.7%
China3174953313584.1%
Brazil32.210683.325298.5%
India12.753.219.6187145.1%
Netherlands35.596.815517469.9%
RussiaN/AN/A10147.0-53.5%
Others3412684303682.6%
Total4,6742,0012,2462,414-19.8%

Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Panama in 2022:

  1. Colombia (370.6 tons)
  2. United States (312.7 tons)
  3. Brazil (282.1 tons)
  4. China (164.7 tons)
  5. India (146.0 tons)
  6. Netherlands (82.7 tons)
  7. Russia (29.5 tons)

Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama

For the third consecutive year, Panama recorded decline in overseas shipments of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses, which decreased by 0% to 16 tons in 2022. Overall, exports recorded a sharp descent. The smallest decline of -87.3% was in 2020.

In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $28K in 2022. Over the period under review, exports recorded a precipitous decrease. The smallest decline of -90.8% was in 2020.

Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela51223.6N/A26.9-62.5%
Colombia2.87.5N/A0.7-37.0%
Ecuador49.9N/AN/AN/A0%
HaitiN/A9.3N/AN/A0%
Guyana18.21.2N/AN/A-93.4%
Others16.913.5N/AN/A-20.1%
Total60055.0N/A27.5-64.2%

Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Panama in 2022:

  1. Venezuela (15.8 tons)
  2. Colombia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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