Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Panama - 2023
Contents:
- Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Panama (CIF) - 2022
- Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Panama
Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Panama (CIF) - 2022
The average import price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $92 per ton in 2022, with an increase of 19% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $97 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($92 per ton), while the price for South Africa totaled $88 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%).
Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Panama
In 2022, imports of coal; bituminous, whether or not pulverised, but not agglomerateds into Panama shrank rapidly to 865K tons, which is down by -25.5% compared with the year before. Overall, imports, however, continue to indicate slight growth. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of 1.2M tons, and then contracted remarkably in the following year.
In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds contracted to $80M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 93%. As a result, imports reached the peak of $90M, and then dropped in the following year.
| Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 61.7 | 41.8 | 83.3 | 74.3 | 6.4% |
| South Africa | N/A | N/A | N/A | 5.3 | 0% |
| United States | 4.2 | 4.6 | 6.3 | N/A | 22.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 65.8 | 46.4 | 89.6 | 79.6 | 6.6% |
Top Suppliers of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated to Panama in 2022:
- Colombia (805.5K tons)
- South Africa (59.7K tons)
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