Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama - 2023

Contents:

  1. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (CIF) - 2022
  2. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (FOB) - 2022
  3. Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama
  4. Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (CIF) - 2022

In 2022, the average import price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses amounted to $2,607 per ton, rising by 5.3% against the previous year. In general, the import price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2015 an increase of 61%. Over the period under review, average import prices reached the peak figure at $5,665 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,705 per ton), while the price for Spain stood at $1,218 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.7%), while the prices for the other major suppliers experienced a decline.

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (FOB) - 2022

The average export price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses stood at $18,087 per ton in 2022, surging by 6.5% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 chlorates and perchlorates; bromates and perbromates; iodates and periodateses decreased by -20.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 84% against the previous year. The export price peaked at $22,840 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($91,897 per ton), while the average price for exports to Venezuela ($730 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 Colombia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama

In 2022, approx. 74 tons of chlorates and perchlorates; bromates and perbromates; iodates and periodateses were imported into Panama; surging by 8.9% on 2021 figures. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 213% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses expanded markedly to $193K in 2022. Overall, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 160% against the previous year.

Import of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.912.624.054.522.2%
Spain64.217.249.248.4-9.0%
India47.211.736.541.9-3.9%
Chile47.96.715.3N/A-43.5%
Sweden24.05.46.5N/A-48.0%
Others25.911.237.248.623.3%
Total23964.8169193-6.9%

Top Suppliers of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates to Panama in 2022:

  1. Spain (39.7 tons)
  2. China (32.0 tons)
  3. India (0.9 tons)

Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama

In 2022, shipments abroad of chlorates and perchlorates; bromates and perbromates; iodates and periodateses was finally on the rise to reach 1.9 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a abrupt downturn.

In value terms, exports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses expanded notably to $34K in 2022. Overall, exports, however, faced a sharp setback.

Export of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua42.734.318.221.5-20.4%
Colombia12.99.44.54.9-27.6%
Dominican Republic0.46.93.13.095.7%
El Salvador5.84.01.81.9-31.1%
Costa Rica2.51.80.90.9-28.9%
Honduras3.42.20.90.8-38.3%
Venezuela2.10.60.60.6-34.1%
Ecuador1.00.60.20.2-41.5%
Others0.90.40.1N/A-66.7%
Total71.760.030.333.9-22.1%

Top Export Markets for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates from Panama in 2022:

  1. Venezuela (820.0 kg)
  2. Nicaragua (234.0 kg)
  3. Dominican Republic (209.0 kg)
  4. Ecuador (181.0 kg)
  5. Colombia (177.0 kg)
  6. Costa Rica (103.0 kg)
  7. Honduras (88.0 kg)
  8. El Salvador (58.0 kg)

Source: IndexBox Market Intelligence Platform

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