Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $6,400 per ton in 2022, dropping by -63.6% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. As a result, import price attained the peak level of $19,019 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +13.4% per year.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $11,928 per ton in 2022, rising by 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2013 when the average export price increased by 55%. As a result, the export price attained the peak level of $13,510 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($55,000 per ton), while the average price for exports to Venezuela ($643 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 Trinidad and Tobago (+129.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama

Imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Panama declined dramatically to 130 kg in 2022, with a decrease of -97.1% compared with the year before. Over the period under review, imports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 8.9% against the previous year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses declined significantly to $832 in 2022. Overall, imports showed a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $79K, and then reduced sharply in the following year.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Panama in 2022:

1. Mexico (130.0 kg)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Panama

Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Panama soared to 321 kg in 2022, picking up by 63% on the year before. Overall, exports posted resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 113% against the previous year. As a result, the exports reached the peak of 443 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $3.8K in 2022. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 107%. As a result, the exports attained the peak of $5.4K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Panama in 2022:

1. Dominican Republic (136.0 kg)
2. Guatemala (129.0 kg)
3. Costa Rica (40.0 kg)
4. Venezuela (14.0 kg)
5. Trinidad and Tobago (2.0 kg)

Source: IndexBox Market Intelligence Platform