Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama - 2022

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama (CIF) - 2022
  2. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama (FOB) - 2022
  3. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama
  4. Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama (CIF) - 2022

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,133 per ton in 2022, increasing by 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 71%. Over the period under review, average import prices reached the maximum at $2,329 per ton in 2020; however, from 2021 to 2022, 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 China ($7,500 per ton), while the price for the United States amounted to $2,091 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+35.0%).

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama (FOB) - 2022

The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $932 per ton in 2021, shrinking by -2.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $954 per ton in 2020, and then shrank slightly in the following year.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Guatemala ($1,067 per ton), while the average price for exports to Ecuador amounted to $832 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+11.7%).

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama

In 2022, approx. 256 kg of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were imported into Panama; waning by -2.3% compared with the year before. Overall, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 4% against the previous year.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses expanded rapidly to $546 in 2022. Over the period under review, imports continue to indicate a abrupt decline.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States825560480531-13.7%
China23.016.014.015.0-13.3%
Others12611.010.0N/A-71.8%
Total974587504546-17.5%

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Panama in 2022:

  1. United States (254.0 kg)
  2. China (2.0 kg)

Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama

Exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses from Panama surged to 738 kg in 2021, increasing by 20% compared with the previous year. The total export volume increased at an average annual rate of +20.0% over the period from 2020 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $688 in 2021. The total export value increased at an average annual rate of +17.2% over the period from 2020 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Panama (USD)
COUNTRY20202021CAGR,
2020-2021
EcuadorN/A3520%
Guatemala567336-40.7%
Others20.0N/A0%
Total58768817.2%

Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Panama in 2022:

  1. Ecuador (423.0 kg)
  2. Guatemala (315.0 kg)

Source: IndexBox Market Intelligence Platform

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