Panama - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Benzol, Toluol and Xylol in Panama - 2023
Contents:
- Price for Benzol, Toluol and Xylol in Panama (CIF) - 2022
- Price for Benzol, Toluol and Xylol in Panama (FOB) - 2022
- Imports of Benzol, Toluol and Xylol in Panama
- Exports of Benzol, Toluol and Xylol in Panama
Price for Benzol, Toluol and Xylol in Panama (CIF) - 2022
The average benzol, toluol and xylol import price stood at $3,455 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 83%. The import price peaked at $3,460 per ton in 2021, and then dropped in the following year.
As there is only one major supplying country, the average price level is determined by prices for Costa Rica.
From 2017 to 2022, the rate of growth in terms of prices for Colombia amounted to +37.6% per year.
Price for Benzol, Toluol and Xylol in Panama (FOB) - 2022
The average benzol, toluol and xylol export price stood at $1,181 per ton in 2022, approximately reflecting the previous year. Overall, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2017 a decrease of -19.8% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,617 per ton in 2014; however, from 2015 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 the United States.
From 2014 to 2022, the rate of growth in terms of prices for Cuba amounted to 0.0% per year.
Imports of Benzol, Toluol and Xylol in Panama
In 2022, imports of benzol (benzene), toluol (toluene) and xylol (xylenes) into Panama contracted rapidly to 3.1 tons, with a decrease of -37.3% compared with 2021. Overall, imports recorded a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 539% against the previous year.
In value terms, benzol, toluol and xylol imports fell notably to $11K in 2022. Over the period under review, imports faced a sharp slump. The growth pace was the most rapid in 2021 with an increase of 879%.
Import of Benzol, Toluol and Xylol in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 0.7 | N/A | 0.8 | 10.8 | 148.9% |
South Korea | 7.9 | N/A | N/A | N/A | 0% |
Dominican Republic | 29.0 | 0.4 | 8.4 | N/A | -46.2% |
Colombia | 4.2 | N/A | 1.9 | N/A | -32.7% |
United States | 51.5 | 0.6 | 2.3 | N/A | -78.9% |
Netherlands | 14.4 | 0.4 | 1.4 | N/A | -68.8% |
Others | 15.1 | 0.4 | 2.4 | N/A | -60.1% |
Total | 123 | 1.8 | 17.3 | 10.8 | -55.6% |
Top Suppliers of Benzol, Toluol and Xylol to Panama in 2022:
- Costa Rica (3.1 tons)
Exports of Benzol, Toluol and Xylol in Panama
In 2022, overseas shipments of benzol (benzene), toluol (toluene) and xylol (xylenes) decreased by 0% to 190 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a resilient increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, benzol, toluol and xylol exports stood at $224K in 2022. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Benzol, Toluol and Xylol in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 224 | 0% |
Cuba | 117 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 117 | N/A | N/A | 224 | 24.2% |
Top Export Markets for Benzol, Toluol and Xylol from Panama in 2022:
- United States (189.6 tons)
This report provides an in-depth analysis of the market for benzol, toluol and xylol in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...