Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Panama - 2022

Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Panama (CIF) - 2022

In 2022, the average import price for metals; iridium, osmium, ruthenium, semi-manufactureds amounted to $711,000 per ton, picking up by 3.9% against the previous year. Overall, the import price showed a buoyant increase. The growth pace was the most rapid in 2017 when the average import price increased by 54% against the previous year. The import price peaked at $717,500 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 the United States amounted to +10.6% per year.

Imports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Panama

In 2022, the amount of metals; iridium, osmium, ruthenium, semi-manufactureds imported into Panama was estimated at 1 kg, almost unchanged from the previous year. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, metals; iridium, osmium, ruthenium, semi-manufactured imports amounted to $711 in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 4%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.