Price for Sodium Sulphates; Disodium Sulphate in Panama - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Panama (CIF) - 2022
- Price for Sodium Sulphates; Disodium Sulphate in Panama (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Panama
- Exports of Sodium Sulphates; Disodium Sulphate in Panama
Price for Sodium Sulphates; Disodium Sulphate in Panama (CIF) - 2022
The average sodium sulphates; disodium sulphate import price stood at $206 per ton in 2022, with an increase of 27% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The import price peaked at $451 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($242 per ton), while the price for Spain ($150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.9%), while the prices for the other major suppliers experienced a decline.
Price for Sodium Sulphates; Disodium Sulphate in Panama (FOB) - 2022
The average sodium sulphates; disodium sulphate export price stood at $63 per ton in 2022, increasing by 7.5% against the previous year. Overall, the export price, however, recorded a sharp curtailment. Over the period under review, the average export prices hit record highs at $591 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -11.6% per year.
Imports of Sodium Sulphates; Disodium Sulphate in Panama
For the fourth consecutive year, Panama recorded growth in purchases abroad of sodium sulphates; disodium sulphates, which increased by 27% to 32K tons in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, sodium sulphates; disodium sulphate imports skyrocketed to $6.5M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Sodium Sulphates; Disodium Sulphate in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 83.9 | 20.0 | 27.9 | 4,457 | 275.9% |
| Spain | 496 | 602 | 1,205 | 1,863 | 55.4% |
| Russia | 437 | 523 | 525 | 183 | -25.2% |
| Mexico | 307 | 400 | 408 | N/A | 15.3% |
| Others | 536 | 527 | 1,881 | 16.0 | -69.0% |
| Total | 1,860 | 2,072 | 4,048 | 6,519 | 51.9% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Panama in 2022:
- China (18.4K tons)
- Spain (12.4K tons)
- Russia (0.8K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Panama
After three years of growth, shipments abroad of sodium sulphates; disodium sulphates decreased by -3.4% to 97 tons in 2022. The total export volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 7.2% against the previous year. As a result, the exports reached the peak of 101 tons, and then reduced slightly in the following year.
In value terms, sodium sulphates; disodium sulphate exports stood at $6.2K in 2022. In general, exports saw a noticeable decline.
| Export of Sodium Sulphates; Disodium Sulphate in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 6.9 | 6.4 | 5.9 | 6.2 | -3.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.9 | 6.4 | 5.9 | 6.2 | -3.5% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Panama in 2022:
- Guatemala (97.3 tons)
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