Price for Hydrogen, Rare Gases and Other Non-Metals in Panama - 2023
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Panama (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Panama (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Panama
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Panama
Price for Hydrogen, Rare Gases and Other Non-Metals in Panama (CIF) - 2022
The average import price for hydrogen, rare gases and other non-metalses stood at $1 per cubic meter in 2022, jumping by 69% against the previous year. Overall, the import price, however, recorded a abrupt slump. Over the period under review, average import prices hit record highs at $1.7 per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($2.2 per cubic meter), while the price for Colombia ($0.3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydrogen, Rare Gases and Other Non-Metals in Panama (FOB) - 2022
The average export price for hydrogen, rare gases and other non-metalses stood at $0.6 per cubic meter in 2022, falling by -63.2% against the previous year. Overall, the export price faced a sharp decrease. The most prominent rate of growth was recorded in 2014 an increase of 418%. The export price peaked at $94 per cubic meter 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 the Dominican Republic ($2 per cubic meter), while the average price for exports to Costa Rica ($0.3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (-0.8%), while the prices for the other major destinations experienced a decline.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Panama
In 2022, purchases abroad of hydrogen, rare gases and other non-metalses decreased by -50.2% to 2.5M cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year. As a result, imports reached the peak of 5.8M cubic meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of hydrogen, rare gases and other non-metalses dropped remarkably to $2.4M in 2022. Overall, imports showed a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 1.7%. As a result, imports attained the peak of $2.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Hydrogen, Rare Gases and Other Non-Metals in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 488 | 479 | 636 | 770 | 16.4% |
Costa Rica | 636 | 727 | 764 | 558 | -4.3% |
Mexico | 138 | 162 | 266 | 469 | 50.3% |
Guatemala | 1,039 | 1,146 | 760 | 272 | -36.0% |
France | 217 | 70.0 | 96.3 | 54.4 | -36.9% |
Belgium | 149 | 62.2 | 115 | 53.6 | -28.9% |
Colombia | N/A | 49.7 | 82.3 | 42.3 | -7.7% |
Nicaragua | N/A | N/A | 13.0 | 30.9 | 137.7% |
China | 114 | 58.9 | 33.8 | 15.6 | -48.5% |
Others | 52.7 | 128 | 81.7 | 132 | 35.8% |
Total | 2,835 | 2,882 | 2,848 | 2,397 | -5.4% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Panama in 2022:
- Costa Rica (1206.2K cubic meters)
- Guatemala (394.5K cubic meters)
- United States (344.0K cubic meters)
- Mexico (209.2K cubic meters)
- Colombia (142.0K cubic meters)
- France (58.6K cubic meters)
- Nicaragua (41.6K cubic meters)
- Belgium (36.4K cubic meters)
- China (27.8K cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Panama
In 2022, approx. 1M cubic meters of hydrogen, rare gases and other non-metalses were exported from Panama; picking up by 105% against the previous year. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,427% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of hydrogen, rare gases and other non-metalses fell sharply to $644K in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 135%. As a result, the exports attained the peak of $855K, and then contracted significantly in the following year.
Export of Hydrogen, Rare Gases and Other Non-Metals in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Dominican Republic | N/A | 50.5 | 112 | 357 | 165.9% |
Costa Rica | 27.4 | 75.8 | 385 | 236 | 105.0% |
Jamaica | N/A | N/A | 81.4 | 52.0 | -36.1% |
Nicaragua | N/A | N/A | 247 | N/A | 0% |
Others | 285 | 238 | 29.9 | N/A | -67.6% |
Total | 312 | 364 | 855 | 644 | 27.3% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Panama in 2022:
- Costa Rica (699.9K cubic meters)
- Dominican Republic (182.1K cubic meters)
- Jamaica (121.7K cubic meters)
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