Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Panama - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Panama (CIF) - 2022
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Panama
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Panama (CIF) - 2022
In 2022, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $9,788 per ton, rising by 67% against the previous year. In general, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($10,995 per ton), while the price for Nicaragua stood at $8,667 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+135.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Panama
In 2022, after three years of growth, there was significant decline in supplies from abroad of cyclic hydrocarbons; mixed xylene isomerses, when their volume decreased by -31.2% to 6.8 tons. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 1,178% against the previous year.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports skyrocketed to $66K in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,547%. As a result, imports attained the peak of $67K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 4.7 | 35.8 | 661.7% |
| Nicaragua | 0.8 | 11.5 | 7.4 | 30.3 | 235.8% |
| Spain | N/A | 11.4 | 4.5 | N/A | -60.5% |
| Colombia | 2.5 | 26.7 | 27.0 | N/A | 228.6% |
| United States | 0.1 | 6.6 | 6.9 | N/A | 730.7% |
| Costa Rica | 0.6 | 9.9 | 6.8 | N/A | 236.7% |
| Others | N/A | 0.7 | 0.2 | N/A | -71.4% |
| Total | 4.1 | 66.8 | 57.5 | 66.1 | 152.6% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Panama in 2022:
- Nicaragua (3.5 tons)
- Netherlands (3.3 tons)
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