Price for Steel, Stainless; Angles, Shapes and Sections in Panama - 2024
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Panama (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Panama (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Panama
- Exports of Steel, Stainless; Angles, Shapes and Sections in Panama
Price for Steel, Stainless; Angles, Shapes and Sections in Panama (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $4,144 per ton, which is down by -46.1% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 an increase of 158%. Over the period under review, average import prices attained the peak figure at $7,692 per ton in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($54,967 per ton), while the price for Chile ($335 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Panama (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $4,079 per ton, which is down by -35% against the previous year. Over the period under review, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 7,480%. The export price peaked at $35,138 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($10,273 per ton), while the average price for exports to Nicaragua totaled $3,833 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+198.5%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Stainless; Angles, Shapes and Sections in Panama
In 2022, approx. 10 tons of steel, stainless were imported into Panama; with an increase of 8.5% compared with the previous year. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 215%.
In value terms, imports of steel, stainless skyrocketed to $71K in 2022. Over the period under review, imports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 202%.
| Import of Steel, Stainless; Angles, Shapes and Sections in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 23.6 | 0% |
| Colombia | 3.1 | 1.2 | 4.5 | 14.1 | 65.7% |
| United States | 15.2 | 1.1 | 15.8 | 6.7 | -23.9% |
| Costa Rica | 7.6 | 1.7 | 6.0 | 4.9 | -13.6% |
| Spain | 0.3 | 0.2 | 1.2 | 4.7 | 150.2% |
| Germany | 7.3 | 0.8 | 2.2 | 2.6 | -29.1% |
| Guatemala | 0.9 | 0.5 | 2.0 | 2.5 | 40.6% |
| Sweden | 1.7 | 0.8 | 2.3 | 1.8 | 1.9% |
| Denmark | 0.6 | 0.1 | N/A | 1.6 | 38.7% |
| India | 1.1 | 0.5 | 0.9 | 1.6 | 13.3% |
| China | 16.0 | 2.4 | 2.1 | 1.2 | -57.8% |
| Italy | 11.7 | 1.0 | 4.5 | 0.5 | -65.0% |
| Chile | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 9.0 | 5.2 | 5.3 | 4.9 | -18.3% |
| Total | 74.6 | 15.5 | 46.9 | 70.7 | -1.8% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Panama in 2022:
- Costa Rica (2914.0 kg)
- Colombia (2819.0 kg)
- United States (1042.0 kg)
- Spain (757.0 kg)
- Greece (429.0 kg)
- China (396.0 kg)
- Guatemala (309.0 kg)
- Sweden (286.0 kg)
- Germany (270.0 kg)
- Denmark (235.0 kg)
- India (222.0 kg)
- Chile (155.0 kg)
- Italy (88.0 kg)
Exports of Steel, Stainless; Angles, Shapes and Sections in Panama
In 2022, the amount of steel, stainless exported from Panama skyrocketed to 287 kg, growing by 43% on the previous year's figure. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,240%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of steel, stainless contracted slightly to $1.2K in 2022. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 857% against the previous year. As a result, the exports reached the peak of $1.2K, and then shrank modestly in the following year.
| Export of Steel, Stainless; Angles, Shapes and Sections in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | 1,107 | 1,058 | -4.4% |
| Costa Rica | 315 | 14.0 | 109 | 113 | -28.9% |
| Venezuela | N/A | 113 | N/A | N/A | 0% |
| Jamaica | 357 | N/A | N/A | N/A | 0% |
| Others | 69.0 | N/A | N/A | N/A | 0% |
| Total | 741 | 127 | 1,216 | 1,171 | 16.5% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Panama in 2022:
- Nicaragua (276.0 kg)
- Costa Rica (11.0 kg)
98
This report provides an in-depth analysis of the stainless steel angle market in Panama.
86
This report provides an in-depth analysis of the market for forged stainless steel bar in Panama.
116
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in Panama.
368
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Panama.
1395
This report provides an in-depth analysis of the global stainless steel angle market.
667
This report provides an in-depth analysis of the global market for forged stainless steel bar.
519
This report provides an in-depth analysis of the global market for hot-rolled round stainless steel.
1700
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
98
This report provides an in-depth analysis of the stainless steel angle market in Panama.
86
This report provides an in-depth analysis of the market for forged stainless steel bar in Panama.
1431
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
965
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1124
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
115
Global demand for forged stainless steel bar is forecasted to increase over the next seven years, with the market volume expected to reach 4.3M tons and value to reach $22.1B by 2030. China leads in consumption and production, while India and the United States also play significant roles in the market. Import and export prices and trends are analyzed, with India emerging as a major exporter of forged stainless steel bars.
154
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1470
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4329
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1169
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
1431
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
965
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
