Price for Mineral Substances Not Elsewhere Specified or Included in Panama - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Panama (CIF) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Panama
Price for Mineral Substances Not Elsewhere Specified or Included in Panama (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $1,707 per ton, surging by 52% against the previous year. In general, the import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 807% against the previous year. As a result, import price reached the peak level of $3,793 per ton. From 2014 to 2022, the average 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 ($3,483 per ton), while the price for France ($753 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Mineral Substances Not Elsewhere Specified or Included in Panama
In 2022, purchases abroad of mineral substances not elsewhere specified or includeds increased by 88% to 57 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a dramatic decrease.
In value terms, imports of mineral substances not elsewhere specified or includeds surged to $98K in 2022. Overall, imports, however, saw a abrupt slump.
Import of Mineral Substances Not Elsewhere Specified or Included in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.4 | 25.9 | 2.2 | 32.9 | 186.4% |
United States | 13.3 | 12.2 | 20.9 | 30.8 | 32.3% |
Mexico | 6.1 | 2.5 | 4.3 | 18.7 | 45.3% |
France | N/A | N/A | N/A | 6.3 | 0% |
Germany | N/A | N/A | N/A | 4.8 | 0% |
Hong Kong SAR | N/A | 1.9 | N/A | N/A | 0% |
Turkey | 121 | N/A | N/A | N/A | 0% |
Others | 4.7 | 1.0 | 6.8 | 4.2 | -3.7% |
Total | 146 | 43.5 | 34.3 | 97.7 | -12.5% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Panama in 2022:
- Mexico (22.3 tons)
- United States (14.7 tons)
- China (9.5 tons)
- France (8.4 tons)
- Germany (1.5 tons)
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