Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama - 2024

Contents:

  1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama (CIF) - 2022
  2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama (FOB) - 2022
  3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama
  4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $884 per ton, waning by -27.3% against the previous year. Overall, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2016 an increase of 21%. Over the period under review, average import prices reached the maximum at $1,217 per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,891 per ton), while the price for Chile ($494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $3,815 per ton in 2022, falling by -28% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 139% against the previous year. The export price peaked at $7,034 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($4,824 per ton), while the average price for exports to Ecuador ($1,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-2.0%), while the prices for the other major destinations experienced a decline.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama

In 2022, approx. 267 tons of granules and powders, of pig iron, spiegeleisen, iron or steels were imported into Panama; surging by 124% against the previous year's figure. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 364%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels soared to $236K in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 399%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany43.51.238.992.628.6%
Chile29.19.422.170.834.5%
Spain10.81.420.737.251.0%
United States33.36.554.920.5-14.9%
Others14.110.68.515.43.0%
Total13129.114523621.7%

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Panama in 2022:

  1. Chile (143.2 tons)
  2. Germany (60.3 tons)
  3. Spain (29.5 tons)
  4. United States (25.8 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels exported from Panama dropped sharply to 27 kg, declining by -42.6% on the previous year. Overall, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 6.8%.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels shrank rapidly to $103 in 2022. Over the period under review, exports saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year.

Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica2.50.10.20.1-65.8%
EcuadorN/AN/AN/AN/A0%
Venezuela1.3N/AN/AN/A0%
Dominican Republic33.4N/AN/AN/A0%
Guatemala1.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total38.30.10.20.1-86.2%

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Panama in 2022:

  1. Costa Rica (17.0 kg)
  2. Venezuela (8.0 kg)
  3. Guatemala (1.0 kg)
  4. Ecuador (1.0 kg)
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