Price for Lecithins and Other Phosphoaminolipids in Panama - 2023

Contents:

  1. Price for Lecithins and Other Phosphoaminolipids in Panama (CIF) - 2022
  2. Price for Lecithins and Other Phosphoaminolipids in Panama (FOB) - 2022
  3. Imports of Lecithins and Other Phosphoaminolipids in Panama
  4. Exports of Lecithins and Other Phosphoaminolipids in Panama

Price for Lecithins and Other Phosphoaminolipids in Panama (CIF) - 2022

The average lecithins and other phosphoaminolipids import price stood at $1,848 per ton in 2022, reducing by -17% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2013 when the average import price increased by 52%. The import price peaked at $2,227 per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,644 per ton), while the price for Brazil ($1,254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lecithins and Other Phosphoaminolipids in Panama (FOB) - 2022

The average lecithins and other phosphoaminolipids export price stood at $2,002 per ton in 2022, which is down by -2.2% against the previous year. Overall, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 2.2% against the previous year. Over the period under review, the average export prices reached the maximum at $6,746 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Curacao ($3,375 per ton), while the average price for exports to the United States ($631 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 the Netherlands (+56.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lecithins and Other Phosphoaminolipids in Panama

Lecithins and other phosphoaminolipids imports into Panama shrank remarkably to 64 tons in 2022, reducing by -55.3% compared with 2021 figures. In general, imports continue to indicate a precipitous decline. The smallest decline of -13.1% was in 2021.

In value terms, lecithins and other phosphoaminolipids imports reduced markedly to $118K in 2022. Over the period under review, imports faced a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 4.9% against the previous year.

Import of Lecithins and Other Phosphoaminolipids in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica23.026.064.961.538.8%
United States18114412942.0-38.5%
China46.125.515.49.0-42.0%
Brazil46.143.426.74.2-55.0%
Hong Kong SAR27.0N/AN/AN/A0%
Netherlands6.65.14.3N/A-19.3%
Ukraine27.622.520.0N/A-14.9%
Others32.637.057.21.2-66.7%
Total390303318118-32.9%

Top Suppliers of Lecithins and Other Phosphoaminolipids to Panama in 2022:

  1. Costa Rica (42.1 tons)
  2. United States (16.3 tons)
  3. Brazil (3.4 tons)
  4. China (1.6 tons)

Exports of Lecithins and Other Phosphoaminolipids in Panama

In 2022, after two years of decline, there was significant decline in overseas shipments of lecithins and other phosphoaminolipidses, when their volume decreased by -48.9% to 2.6 tons. Overall, exports, however, posted significant growth.

In value terms, lecithins and other phosphoaminolipids exports contracted significantly to $5.2K in 2022. In general, exports, however, recorded significant growth.

Export of Lecithins and Other Phosphoaminolipids in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba16.0N/A3,9842,163413.2%
Dominican Republic12.0N/A2,4651,196363.6%
Venezuela8.0N/A1,241528304.1%
United States6.0N/A901376297.2%
Guatemala4.0N/A501284314.1%
Curacao1.0N/A298162445.1%
Trinidad and Tobago1.0N/A321146426.6%
Others9.0N/A635316227.5%
Total57.0N/A10,3465,171349.3%

Top Export Markets for Lecithins and Other Phosphoaminolipids from Panama in 2022:

  1. Dominican Republic (781.0 kg)
  2. Aruba (666.0 kg)
  3. United States (596.0 kg)
  4. Venezuela (214.0 kg)
  5. Guatemala (109.0 kg)
  6. Trinidad and Tobago (53.0 kg)
  7. Curacao (48.0 kg)

Source: IndexBox Market Intelligence Platform

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