Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama - 2023

Contents:

1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama (CIF) - 2022
2. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama (FOB) - 2022
3. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama
4. Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama (CIF) - 2022

The average import price for imides and their derivatives; other kinds, excluding saccharins stood at $37,952 per ton in 2022, surging by 228% against the previous year. Overall, the import price recorded prominent growth. 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 Germany ($51,107 per ton), while the price for Free Zones totaled $36,749 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+56.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama (FOB) - 2022

The average export price for imides and their derivatives; other kinds, excluding saccharins stood at $3,562 per ton in 2022, which is down by -3.9% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. As a result, the export price attained the peak level of $8,706 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($4,950 per ton), while the average price for exports to the Dominican Republic ($2,927 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-2.7%), while the prices for the other major destinations experienced a decline.

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama

Imports of imides and their derivatives; other kinds, excluding saccharins into Panama reduced remarkably to 2.1 tons in 2022, waning by -67% compared with the previous year. Overall, imports recorded a mild slump. The pace of growth was the most pronounced in 2021 when imports increased by 218% against the previous year. As a result, imports attained the peak of 6.4 tons, and then reduced sharply in the following year.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins rose sharply to $81K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Panama in 2022:

1. Free Zones (1.9 tons)
2. Germany (0.2 tons)

Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Panama

In 2022, exports of imides and their derivatives; other kinds, excluding saccharins from Panama totaled 8.2 tons, surging by 4.5% against 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 104%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of imides and their derivatives; other kinds, excluding saccharins reached $29K in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Imides and Their Derivatives; Other Kinds, Excluding Saccharin from Panama in 2022:

1. Dominican Republic (4.9 tons)
2. Guatemala (1.8 tons)
3. Trinidad and Tobago (1.0 tons)
4. Venezuela (0.6 tons)

Source: IndexBox Market Intelligence Platform