Panama: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Panama

The Panamanian chlorates, bromates and iodates market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, continues to indicate a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Panama

In value terms, chlorates, bromates and iodates production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Panama

In 2022, approx. X tons of chlorates and perchlorates, bromates and perbromates, iodates and periodates were exported from Panama; with a decrease of X% compared with 2021 figures. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chlorates, bromates and iodates exports declined markedly to $X in 2022. In general, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Venezuela (X tons), the Dominican Republic (X tons) and Colombia (X tons) were the main destinations of chlorates, bromates and iodates exports from Panama, together accounting for X% of total exports. El Salvador, Honduras, Ecuador and Guatemala lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Colombia ($X), the Dominican Republic ($X) and El Salvador ($X) were the largest markets for chlorates, bromates and iodates exported from Panama worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, El Salvador, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average chlorates, bromates and iodates export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Venezuela ($X 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 El Salvador (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Panama

In 2022, imports of chlorates and perchlorates, bromates and perbromates, iodates and periodates into Panama skyrocketed to X tons, rising by X% on 2021. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, chlorates, bromates and iodates imports reached $X in 2022. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons) and Spain (X tons) were the main suppliers of chlorates, bromates and iodates imports to Panama.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%).

In value terms, the largest chlorates, bromates and iodates suppliers to Panama were China ($X) and Spain ($X).

Among the main suppliers, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average chlorates, bromates and iodates import price amounted to $X per ton, waning by X% against the previous year. In general, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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