Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $5,669 per ton in 2022, rising by 5.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 110%. As a result, import price attained the peak level of $8,022 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($15,658 per ton), while the price for Costa Rica ($2,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $3,378 per ton in 2022, waning by -21.8% against the previous year. Overall, the export price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 73% against the previous year. Over the period under review, the average export prices attained the maximum at $20,675 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($36,152 per ton), while the average price for exports to Ecuador ($1,265 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 Guatemala (+14.4%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama
In 2022, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Panama fell significantly to 22 tons, waning by -41.2% compared with the previous year. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 38 tons, and then fell notably in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia shrank remarkably to $127K in 2022. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports reached the peak of $204K, and then reduced sharply in the following year.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.9 | 43.7 | 60.7 | 26.2 | -12.3% |
| Italy | 49.1 | 24.8 | 24.0 | 21.0 | -24.7% |
| Spain | 16.4 | 12.7 | 20.5 | 15.5 | -1.9% |
| Mexico | 1.4 | 8.5 | 21.7 | 10.3 | 94.5% |
| Argentina | 7.1 | 4.8 | 6.8 | 4.8 | -12.2% |
| Brazil | 1.7 | 1.2 | 13.8 | 4.5 | 38.3% |
| Costa Rica | 2.0 | 8.0 | 9.8 | 4.1 | 27.0% |
| United States | 39.8 | 9.2 | 9.1 | 3.7 | -54.7% |
| Taiwan (Chinese) | 3.6 | 2.3 | 3.1 | 2.0 | -17.8% |
| Others | 24.0 | 13.2 | 34.7 | 34.4 | 12.7% |
| Total | 184 | 129 | 204 | 127 | -11.6% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Panama in 2022:
- China (6.4 tons)
- Italy (5.9 tons)
- Argentina (2.1 tons)
- Costa Rica (2.0 tons)
- Mexico (1.9 tons)
- Spain (1.0 tons)
- Brazil (0.5 tons)
- Taiwan (Chinese) (0.5 tons)
- United States (0.3 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama
In 2022, approx. 14 tons of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were exported from Panama; increasing by 216% against 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 673% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia soared to $46K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 591% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 11.3 | 1.5 | 10.3 | 27.4 | 34.3% |
| Cuba | 3.6 | 0.4 | 2.7 | 6.6 | 22.4% |
| Ecuador | 1.9 | 0.2 | 1.5 | 4.2 | 30.3% |
| Colombia | 3.9 | 0.4 | 1.9 | 3.3 | -5.4% |
| Honduras | 0.9 | 0.1 | 0.7 | 1.6 | 21.1% |
| Others | 2.3 | 0.1 | 1.5 | 2.8 | 6.8% |
| Total | 23.9 | 2.7 | 18.6 | 45.9 | 24.3% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Panama in 2022:
- Venezuela (6.2 tons)
- Ecuador (3.3 tons)
- Colombia (2.0 tons)
- Honduras (1.2 tons)
- Cuba (0.7 tons)
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