Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Panama - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Panama (CIF) - 2022
  2. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Panama

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Panama (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $11,645 per ton, picking up by 30% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -22.3% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 38%. Over the period under review, average import prices attained the maximum at $14,983 per ton in 2018; however, from 2019 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 South Korea ($25,954 per ton), while the price for China ($6,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+74.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Panama

In 2022, approx. 12 tons of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were imported into Panama; declining by -30.7% against the previous year. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 25%.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses shrank to $134K in 2022. In general, imports faced a abrupt slump. The smallest decline of -8.1% was in 2021.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones45.636.768.872.716.8%
South Korea8.87.67.523.238.1%
India43.164.710.212.4-34.0%
Germany7.8N/A3.09.15.3%
China21.235.651.78.5-26.3%
Costa Rica4.64.50.55.66.8%
Belgium42.3N/AN/AN/A0%
Guatemala17.7N/AN/AN/A0%
Others4.712.77.12.8-15.9%
Total196162149134-11.9%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Panama in 2022:

  1. Free Zones (6.2 tons)
  2. India (1.5 tons)
  3. China (1.3 tons)
  4. South Korea (0.9 tons)
  5. Costa Rica (0.8 tons)
  6. Germany (0.7 tons)

Source: IndexBox Market Intelligence Platform

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