Price for Aluminium; Alloys, Hollow Profiles in Panama - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Panama (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Panama (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Panama
- Exports of Aluminium; Alloys, Hollow Profiles in Panama
Price for Aluminium; Alloys, Hollow Profiles in Panama (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $5,421 per ton in 2022, rising by 26% against the previous year. Overall, the import price, however, saw a perceptible downturn. The import price peaked at $6,821 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($6,945 per ton), while the price for China ($4,475 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Panama (FOB) - 2022
In 2022, the average aluminium; alloys, hollow profiles export price amounted to $4,736 per ton, remaining constant against the previous year. In general, the export price recorded a perceptible decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 10%. The export price peaked at $6,897 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Venezuela ($6,000 per ton), while the average price for exports to Colombia ($3,375 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 Bolivia (+10.1%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Alloys, Hollow Profiles in Panama
In 2022, approx. 491 tons of aluminium; alloys, hollow profileses were imported into Panama; surging by 4.6% against the previous year's figure. Over the period under review, imports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 307% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, aluminium; alloys, hollow profiles imports skyrocketed to $2.7M in 2022. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 235% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Aluminium; Alloys, Hollow Profiles in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 492 | 59.1 | 806 | 1,288 | 37.8% |
| Spain | 411 | 176 | 209 | 690 | 18.9% |
| El Salvador | 585 | 35.6 | 355 | 507 | -4.7% |
| Colombia | 10.7 | 1.8 | 28.3 | 75.2 | 91.5% |
| United States | 149 | 103 | 186 | 9.6 | -59.9% |
| Ecuador | 46.3 | 27.0 | 41.0 | N/A | -5.9% |
| South Korea | 173 | 121 | 219 | N/A | 12.5% |
| Others | 190 | 77.8 | 174 | 91.2 | -21.7% |
| Total | 2,057 | 602 | 2,018 | 2,661 | 9.0% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Panama in 2022:
- China (287.8 tons)
- Spain (100.4 tons)
- El Salvador (79.2 tons)
- Colombia (10.8 tons)
- United States (1.0 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Panama
In 2022, the amount of aluminium; alloys, hollow profileses exported from Panama was estimated at 106 kg, flattening at 2021. Over the period under review, exports showed a dramatic decrease. The smallest decline of -94.8% was in 2020.
In value terms, aluminium; alloys, hollow profiles exports amounted to $502 in 2022. In general, exports recorded a sharp reduction. The smallest decline of -94.8% was in 2020.
| Export of Aluminium; Alloys, Hollow Profiles in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 8,056 | 361 | N/A | 271 | -67.7% |
| United States | 6,544 | 255 | N/A | 145 | -71.9% |
| Colombia | 1,348 | 51.0 | N/A | 27.0 | -72.8% |
| Dominican Republic | 732 | 10.0 | N/A | 14.0 | -73.3% |
| Costa Rica | 559 | 21.0 | N/A | 12.0 | -72.2% |
| Venezuela | 534 | 21.0 | N/A | 12.0 | -71.8% |
| Bolivia | 261 | 9.0 | N/A | 4.0 | -75.2% |
| Others | 1,138 | 270 | N/A | 17.0 | -75.4% |
| Total | 19,172 | 998 | N/A | 502 | -70.3% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Panama in 2022:
- Cuba (58.0 kg)
- United States (26.0 kg)
- Colombia (8.0 kg)
- Dominican Republic (3.0 kg)
- Venezuela (2.0 kg)
- Costa Rica (1.0 kg)
- Bolivia (1.0 kg)
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