Price for Iodides and Iodide Oxides in Panama - 2023
Contents:
- Price for Iodides and Iodide Oxides in Panama (CIF) - 2022
- Price for Iodides and Iodide Oxides in Panama (FOB) - 2022
- Imports of Iodides and Iodide Oxides in Panama
- Exports of Iodides and Iodide Oxides in Panama
Price for Iodides and Iodide Oxides in Panama (CIF) - 2022
In 2022, the average iodides and iodide oxides import price amounted to $30,503 per ton, with an increase of 5.5% against the previous year. Over the period under review, the import price posted noticeable growth. The most prominent rate of growth was recorded in 2017 an increase of 76% against the previous year. Over the period under review, average import prices reached the maximum at $48,653 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($99,923 per ton), while the price for Germany ($17,116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iodides and Iodide Oxides in Panama (FOB) - 2022
In 2022, the average iodides and iodide oxides export price amounted to $28,145 per ton, declining by -2.4% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 65%. Over the period under review, the average export prices reached the maximum at $48,620 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($36,628 per ton), while the average price for exports to Venezuela ($23,647 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 (+2.3%), while the prices for the other major destinations experienced a decline.
Imports of Iodides and Iodide Oxides in Panama
In 2022, overseas purchases of iodides and iodide oxideses decreased by -25.4% to 356 kg, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 120%. As a result, imports reached the peak of 1.1 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, iodides and iodide oxides imports dropped notably to $11K in 2022. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 182%. As a result, imports reached the peak of $54K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Iodides and Iodide Oxides in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 2.8 | 4.0 | 1.5 | 5.0 | 21.3% |
| Germany | 0.4 | 3.1 | 1.7 | 3.7 | 109.9% |
| Spain | 0.4 | 0.8 | 0.4 | 1.3 | 48.1% |
| United States | 1.0 | 21.9 | 2.1 | 0.5 | -20.6% |
| India | 1.4 | 4.1 | 0.9 | 0.3 | -40.2% |
| South Korea | 5.1 | 6.4 | 2.0 | N/A | -37.4% |
| Hong Kong SAR | 4.2 | 6.5 | 2.6 | N/A | -21.3% |
| Guatemala | 0.9 | 2.1 | 0.9 | N/A | 0.0% |
| France | 1.1 | 1.8 | 0.8 | N/A | -14.7% |
| Singapore | N/A | 2.5 | N/A | N/A | 0% |
| Others | 1.8 | 1.1 | 1.0 | N/A | -25.5% |
| Total | 19.3 | 54.3 | 13.8 | 10.9 | -17.3% |
Top Suppliers of Iodides and Iodide Oxides to Panama in 2022:
- Germany (216.0 kg)
- Chile (100.0 kg)
- United States (15.0 kg)
- Spain (13.0 kg)
- India (12.0 kg)
Exports of Iodides and Iodide Oxides in Panama
In 2022, approx. 819 kg of iodides and iodide oxideses were exported from Panama; waning by -18.6% against 2021 figures. In general, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% 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 +29.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports attained the peak of 1 tons, and then contracted sharply in the following year.
In value terms, iodides and iodide oxides exports contracted markedly to $23K in 2022. Overall, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% 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 +34.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports reached the peak of $29K, and then declined markedly in the following year.
| Export of Iodides and Iodide Oxides in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 13.7 | 12.2 | 17.9 | 14.5 | 1.9% |
| Guatemala | 6.4 | 4.5 | 10.6 | 8.2 | 8.6% |
| Venezuela | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.6 | 17.1 | 29.0 | 23.1 | 3.9% |
Top Export Markets for Iodides and Iodide Oxides from Panama in 2022:
- Costa Rica (579.0 kg)
- Guatemala (223.0 kg)
- Venezuela (17.0 kg)
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