Price for Hydroxide and Peroxide of Magnesium in Panama - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Panama (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Panama (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Panama
- Exports of Hydroxide and Peroxide of Magnesium in Panama
Price for Hydroxide and Peroxide of Magnesium in Panama (CIF) - 2022
The average import price for hydroxide and peroxide of magnesia stood at $3,531 per ton in 2022, jumping by 20% against the previous year. Overall, the import price recorded a measured expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 120%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +8.9% per year.
Price for Hydroxide and Peroxide of Magnesium in Panama (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $1,645 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price recorded a mild descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 188%. As a result, the export price attained the peak level of $5,436 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -0.8% per year.
Imports of Hydroxide and Peroxide of Magnesium in Panama
After three years of growth, overseas purchases of hydroxide and peroxide of magnesia decreased by -90.9% to 2.3 tons in 2022. In general, imports recorded a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 198%.
In value terms, hydroxide and peroxide of magnesium imports dropped remarkably to $8K in 2022. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 220%.
| Import of Hydroxide and Peroxide of Magnesium in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 3.4 | 14.8 | 8.0 | 107.1% |
| China | 11.9 | 38.4 | 46.7 | N/A | 98.1% |
| Others | 0.9 | 1.8 | 12.0 | N/A | 265.1% |
| Total | 13.6 | 43.6 | 73.5 | 8.0 | -16.2% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Panama in 2022:
- United States (2.3 tons)
Exports of Hydroxide and Peroxide of Magnesium in Panama
In 2022, the amount of hydroxide and peroxide of magnesia exported from Panama was estimated at 6.9 tons, approximately equating the year before. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 170% against the previous year. As a result, the exports reached the peak of 9.3 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hydroxide and peroxide of magnesium exports totaled $11K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 99%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Hydroxide and Peroxide of Magnesium in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 5.7 | 5.8 | 11.3 | 11.4 | 26.0% |
| Honduras | N/A | 5.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.7 | 11.3 | 11.3 | 11.4 | 26.0% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Panama in 2022:
- Guatemala (6.9 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Panama.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Panama.
728
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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In value terms, hydroxides and magnesium peroxides imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ann...
752
In value terms, hydroxides and magnesium peroxides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the t...
1320
In value terms, hydroxides and magnesium peroxides imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ann...
752
In value terms, hydroxides and magnesium peroxides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the t...
