Price for Zinc; Bars, Rods, Profiles and Wire in Panama - 2024
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Panama (FOB) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in Panama (CIF) - 2022
- Exports of Zinc; Bars, Rods, Profiles and Wire in Panama
- Imports of Zinc; Bars, Rods, Profiles and Wire in Panama
Price for Zinc; Bars, Rods, Profiles and Wire in Panama (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $3,322 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,413 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($5,565 per ton), while the average price for exports to Venezuela totaled $3,321 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.3%), while the prices for the other major destinations experienced a decline.
Price for Zinc; Bars, Rods, Profiles and Wire in Panama (CIF) - 2022
The average import price for zinc; bars, rods, profiles and wires stood at $7,220 per ton in 2022, surging by 5.9% against the previous year. Overall, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 102%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Free Zones ($21,707 per ton), while the price for China ($3,717 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Bars, Rods, Profiles and Wire in Panama
In 2022, overseas shipments of zinc; bars, rods, profiles and wires decreased by -6.8% to 35 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 74%. As a result, the exports reached the peak of 40 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of zinc; bars, rods, profiles and wires dropped to $116K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $135K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Zinc; Bars, Rods, Profiles and Wire in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 87.1 | 135 | 125 | 116 | 10.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Total | 87.4 | 135 | 125 | 116 | 9.9% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Panama in 2022:
- Venezuela (34.9 tons)
Imports of Zinc; Bars, Rods, Profiles and Wire in Panama
In 2022, purchases abroad of zinc; bars, rods, profiles and wires decreased by -8.6% to 3.8 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 64%. As a result, imports attained the peak of 45 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of zinc; bars, rods, profiles and wires reduced to $27K in 2022. In general, imports showed a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of $150K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Zinc; Bars, Rods, Profiles and Wire in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 59.3 | 68.0 | 19.4 | 13.2 | -39.4% |
| United States | 26.9 | 64.6 | 1.2 | 7.5 | -34.7% |
| China | 14.2 | 3.0 | 2.3 | 2.7 | -42.5% |
| Free Zones | 8.9 | 11.3 | 3.6 | 2.7 | -32.8% |
| Spain | 7.5 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 3.5 | 1.6 | 1.1 | -32.6% |
| Total | 120 | 150 | 28.0 | 27.1 | -39.1% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Panama in 2022:
- Mexico (1656.0 kg)
- United States (1115.0 kg)
- China (727.0 kg)
- Free Zones (123.0 kg)
1199
In value terms, zinc bars, rods, profiles and wire imports amounted to $X in 2016. Overall, zinc bars, rods, profiles and wire imports continue to indicate a drastic decline. Over the period under ...
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In value terms, zinc plates, sheets, strip and foil imports totaled $X in 2016. Overall, zinc plates, sheets, strip and foil imports continue to indicate a perceptible shrinkage. Global zinc plates...
1427
In value terms, zinc bars, rods, profiles and wire exports amounted to $X in 2016. Overall, zinc bars, rods, profiles and wire exports continue to indicate a deep decrease. Global zinc bars, rods, ...
686
In value terms, zinc plates, sheets, strip and foil exports totaled $X in 2016. In general, zinc plates, sheets, strip and foil exports continue to indicate a pronounced deduction. Global zinc plat...
