Price for Poly(Lactic Acid); in Primary Forms in Panama - 2022
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Panama (FOB) - 2022
- Exports of Poly(Lactic Acid); in Primary Forms in Panama
Price for Poly(Lactic Acid); in Primary Forms in Panama (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $3,063 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 56%. Over the period under review, the average export prices hit record highs at $4,680 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -4.0% per year.
Exports of Poly(Lactic Acid); in Primary Forms in Panama
For the fourth year in a row, Panama recorded growth in shipments abroad of poly(lactic acid); in primary formses, which increased by 20% to 16 tons in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 29%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, poly(lactic acid); in primary forms exports soared to $48K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Poly(Lactic Acid); in Primary Forms in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 23.6 | 30.7 | 39.9 | 47.9 | 26.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.6 | 30.7 | 39.9 | 47.9 | 26.6% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Panama in 2022:
- Colombia (15.6 tons)
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