Price for Cement of Hydraulic Kinds in Panama - 2023

Contents:

  1. Price for Cement of Hydraulic Kinds in Panama (CIF) - 2022
  2. Price for Cement of Hydraulic Kinds in Panama (FOB) - 2022
  3. Imports of Cement of Hydraulic Kinds in Panama
  4. Exports of Cement of Hydraulic Kinds in Panama

Price for Cement of Hydraulic Kinds in Panama (CIF) - 2022

The average cement of hydraulic kinds import price stood at $121 per ton in 2022, growing by 66% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of 586% against the previous year. As a result, import price reached the peak level of $5,597 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -17.9% per year.

Price for Cement of Hydraulic Kinds in Panama (FOB) - 2022

The average cement of hydraulic kinds export price stood at $174 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 an increase of 163% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,442 per ton in 2014; however, from 2015 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 Venezuela ($5,718 per ton), while the average price for exports to Cuba ($1,242 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 Colombia (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cement of Hydraulic Kinds in Panama

Cement of hydraulic kinds imports into Panama shrank notably to 3K tons in 2022, waning by -96.3% compared with the previous year. In general, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 41%.

In value terms, cement of hydraulic kinds imports dropped rapidly to $362K in 2022. Overall, imports faced a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year.

Import of Cement of Hydraulic Kinds in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica1.10.20.50.4-28.6%
Colombia5.42.80.8N/A-61.5%
VietnamN/AN/A4.5N/A0%
Others1.21.20.1N/A-71.1%
Total7.64.35.90.4-62.5%

Top Suppliers of Cement of Hydraulic Kinds to Panama in 2022:

  1. Costa Rica (3.0K tons)

Exports of Cement of Hydraulic Kinds in Panama

In 2022, cement of hydraulic kinds exports from Panama shrank remarkably to 697 tons, dropping by -49.9% compared with the previous year's figure. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 47,746% against the previous year. As a result, the exports attained the peak of 1.4K tons, and then dropped rapidly in the following year.

In value terms, cement of hydraulic kinds exports shrank significantly to $122K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 31,048% against the previous year. As a result, the exports attained the peak of $242K, and then shrank significantly in the following year.

Export of Cement of Hydraulic Kinds in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia68.71368.013224.3%
Venezuela65.71307.712624.2%
Cuba10.918.00.912.34.1%
Dominican RepublicN/A6.7N/AN/A0%
GrenadaN/AN/A226N/A0%
Others-144.3-289.1N/A-148.61.0%
Total1.00.8242122396.0%

Top Export Markets for Cement of Hydraulic Kinds from Panama in 2022:

  1. Colombia (106.1 tons)
  2. Venezuela (22.0 tons)
  3. Cuba (9.9 tons)

Source: IndexBox Market Intelligence Platform

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