Panama - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene Glycol and Polyether in Panama - 2021
Contents:
- Price for Polyethylene Glycol and Polyether in Panama (CIF) - 2021
- Price for Polyethylene Glycol and Polyether in Panama (FOB) - 2022
- Imports of Polyethylene Glycol and Polyether in Panama
- Exports of Polyethylene Glycol and Polyether in Panama
Price for Polyethylene Glycol and Polyether in Panama (CIF) - 2021
In December 2021, the average polyethylene glycol and polyether import price amounted to $3,052 per ton, leveling off at the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 25% month-to-month. As a result, import price reached the peak level of $4,054 per ton. From November 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from South Korea ($3,500 per ton) and China ($3,454 per ton), while the price for Singapore ($2,840 per ton) and the United States ($3,071 per ton) were amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyethylene Glycol and Polyether in Panama (FOB) - 2022
In 2022, the average polyethylene glycol and polyether export price amounted to $2,144 per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of 53% against the previous year. As a result, the export price attained the peak level of $4,141 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 Colombia.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +15.6% per year.
Imports of Polyethylene Glycol and Polyether in Panama
In 2022, the amount of polyethylene glycols and polyethers in primary forms imported into Panama expanded significantly to 2.3K tons, growing by 6.9% against the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.9% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 92% against the previous year. As a result, imports attained the peak of 2.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, polyethylene glycol and polyether imports fell to $5.9M in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 114% against the previous year.
| Import of Polyethylene Glycol and Polyether in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,945 | 1,453 | 2,587 | 2,489 | 8.6% |
| China | 162 | 3,311 | 2,505 | 2,410 | 145.9% |
| South Korea | 2.2 | 13.6 | 506 | 486 | 504.5% |
| Spain | 178 | 121 | 274 | 263 | 13.9% |
| Free Zones | 9.8 | 14.4 | 228 | 219 | 181.7% |
| Singapore | N/A | 55.7 | 472 | N/A | 747.4% |
| Others | 57.4 | 68.4 | 143 | 7.5 | -49.3% |
| Total | 2,354 | 5,038 | 6,714 | 5,876 | 35.7% |
Top Suppliers of Polyethylene Glycol and Polyether to Panama in 2022:
- United States (1035.9 tons)
- China (886.6 tons)
- South Korea (175.9 tons)
- Spain (167.7 tons)
- Free Zones (38.0 tons)
Exports of Polyethylene Glycol and Polyether in Panama
In 2022, shipments abroad of polyethylene glycols and polyethers in primary forms decreased by 0% to 46 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of 92 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, polyethylene glycol and polyether exports stood at $99K in 2022. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 35%. As a result, the exports attained the peak of $198K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Polyethylene Glycol and Polyether in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 12.0 | 8.1 | N/A | 99.1 | 102.1% |
| Venezuela | 39.7 | 17.0 | N/A | N/A | -57.2% |
| United States | 40.3 | 20.1 | N/A | N/A | -50.1% |
| Costa Rica | 23.2 | N/A | N/A | N/A | 0% |
| Mexico | N/A | 95.6 | N/A | N/A | 0% |
| Honduras | 25.9 | N/A | N/A | N/A | 0% |
| Brazil | N/A | 40.2 | N/A | N/A | 0% |
| Others | 5.8 | 17.2 | N/A | N/A | 196.6% |
| Total | 147 | 198 | N/A | 99.1 | -12.3% |
Top Export Markets for Polyethylene Glycol and Polyether from Panama in 2022:
- Colombia (46.2 tons)
This report provides an in-depth analysis of the market for polyethylene glycol and polyether in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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