Price for Cellulose Acetates; Plasticised, in Primary Forms in Panama - 2023
Contents:
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Panama (FOB) - 2022
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Panama (CIF) - 2022
- Exports of Cellulose Acetates; Plasticised, in Primary Forms in Panama
- Imports of Cellulose Acetates; Plasticised, in Primary Forms in Panama
Price for Cellulose Acetates; Plasticised, in Primary Forms in Panama (FOB) - 2022
The average export price for cellulose acetates; plasticised, in primary formses stood at $6,866 per ton in 2022, picking up by 6.6% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cellulose acetates; plasticised, in primary formses increased by +46.0% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 58% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +8.9% per year.
Price for Cellulose Acetates; Plasticised, in Primary Forms in Panama (CIF) - 2022
In 2022, the average import price for cellulose acetates; plasticised, in primary formses amounted to $4,816 per ton, with an increase of 1.7% against the previous year. In general, the import price, however, showed a noticeable slump. The growth pace was the most rapid in 2017 when the average import price increased by 49% against the previous year. The import price peaked at $7,585 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,000 per ton), while the price for the United States stood at $4,811 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.7%).
Exports of Cellulose Acetates; Plasticised, in Primary Forms in Panama
For the fourth consecutive year, Panama recorded growth in overseas shipments of cellulose acetates; plasticised, in primary formses, which increased by 3.8% to 6.3 tons in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,101% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of cellulose acetates; plasticised, in primary formses expanded notably to $43K in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,228%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cellulose Acetates; Plasticised, in Primary Forms in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 2.1 | 8.8 | 39.3 | 43.4 | 174.4% |
| El Salvador | N/A | 26.7 | N/A | N/A | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 2.7 | 35.5 | 39.3 | 43.4 | 152.4% |
Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Panama in 2022:
- Venezuela (6.3 tons)
Imports of Cellulose Acetates; Plasticised, in Primary Forms in Panama
In 2022, overseas purchases of cellulose acetates; plasticised, in primary formses decreased by -95.6% to 38 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 182%. As a result, imports attained the peak of 1.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cellulose acetates; plasticised, in primary formses contracted significantly to $183 in 2022. Overall, imports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 197% against the previous year. As a result, imports attained the peak of $9.8K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cellulose Acetates; Plasticised, in Primary Forms in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 2.5 | 3.3 | 0.2 | -51.0% |
| Hong Kong SAR | N/A | 6.2 | N/A | N/A | 0% |
| China | 1.3 | 1.1 | 0.7 | N/A | -26.6% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 3.3 | 9.8 | 4.0 | 0.2 | -60.7% |
Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Panama in 2022:
- United States (37.0 kg)
- China (1.0 kg)
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Panama.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
