Slaked Lime Price in Panama - 2023
Contents:
Slaked Lime Price in Panama (CIF) - 2022
In 2022, the average slaked lime import price amounted to $273 per ton, increasing by 19% against the previous year. Over the last five-year period, it increased at an average annual rate of +8.0%. The pace of growth appeared the most rapid in 2018 an increase of 24%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($342 per ton), while the price for Guatemala ($92 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Slaked Lime Imports in Panama
In 2022, the amount of slaked lime imported into Panama declined rapidly to 1.4K tons, with a decrease of -67% against the year before. In general, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports reached the peak of 4.4K tons, and then declined sharply in the following year.
In value terms, slaked lime imports fell significantly to $394K in 2022. Overall, imports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports attained the peak of $999K, and then reduced dramatically in the following year.
| Import of Slaked Lime in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 2.3 | 1.2 | 1.3 | 210 | 350.3% |
| Spain | 448 | 244 | 371 | 171 | -27.5% |
| Colombia | 37.2 | 38.1 | 107 | 7.9 | -40.3% |
| Honduras | 69.4 | 9.0 | 9.2 | 5.1 | -58.1% |
| Ecuador | N/A | N/A | 45.3 | N/A | 0% |
| United Kingdom | 124 | 82.2 | 105 | N/A | -8.0% |
| Mexico | 109 | 76.8 | 110 | N/A | 0.5% |
| United States | 101 | 94.4 | 121 | N/A | 9.5% |
| Others | 50.0 | 45.6 | 128 | N/A | 60.0% |
| Total | 941 | 591 | 999 | 394 | -25.2% |
Top Suppliers of Slaked Lime to Panama in 2022:
- Guatemala (2284.5 tons)
- Spain (500.0 tons)
- Colombia (58.0 tons)
- Honduras (24.0 tons)
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The global lime market revenue amounted to $20.7B in 2017, picking up by 4.2% against the previous year. This figure refle...
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