Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama - 2022

Contents:

1. Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama (CIF) - 2022
2. Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama (FOB) - 2022
3. Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama
4. Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama

Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama (CIF) - 2022

The average import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides stood at $4,709 per ton in 2022, picking up by 3.8% against the previous year. Over the period under review, the import price recorded buoyant growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 71% against the previous year. Over the period under review, average import prices hit record highs at $5,070 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the United States ($12,559 per ton), while the price for Costa Rica ($2,657 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama (FOB) - 2022

In 2022, the average export price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides amounted to $2,905 per ton, with an increase of 7.7% against the previous year. Over the period under review, the export price, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 119% against the previous year. Over the period under review, the average export prices attained the peak figure at $24,176 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Jamaica.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +67.8% per year.

Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama

Imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides into Panama declined dramatically to 1.2 tons in 2022, waning by -36.8% on 2021 figures. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 309%. As a result, imports attained the peak of 1.9 tons, and then shrank dramatically in the following year.

In value terms, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides contracted dramatically to $5.8K in 2022. In general, imports, however, showed notable growth. The pace of growth was the most pronounced in 2021 when imports increased by 354%. As a result, imports attained the peak of $8.8K, and then dropped markedly in the following year.

Top Suppliers of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide to Panama in 2022:

1. Costa Rica (764.0 kg)
2. Germany (370.0 kg)
3. China (53.0 kg)
4. United States (34.0 kg)

Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Panama

For the third consecutive year, Panama recorded decline in shipments abroad of colouring matter; lithopone and other pigments and preparations based on zinc sulphides, which decreased by -7% to 346 kg in 2022. Overall, exports showed a abrupt curtailment. The smallest decline of -6.8% was in 2021.

In value terms, exports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides totaled $1K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 0.2% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide from Panama in 2022:

1. Jamaica (346.0 kg)

Source: IndexBox Market Intelligence Platform