Price for Portland Cement, White, Whether or Not Artificially Coloured in Panama - 2023

Contents:

  1. Price for Portland Cement, White, Whether or Not Artificially Coloured in Panama (CIF) - 2022
  2. Price for Portland Cement, White, Whether or Not Artificially Coloured in Panama (FOB) - 2022
  3. Imports of Portland Cement, White, Whether or Not Artificially Coloured in Panama
  4. Exports of Portland Cement, White, Whether or Not Artificially Coloured in Panama

Price for Portland Cement, White, Whether or Not Artificially Coloured in Panama (CIF) - 2022

In 2022, the average import price for portland cement, white, whether or not artificially coloured amounted to $303 per ton, jumping by 53% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for portland cement, white, whether or not artificially coloured increased by +74.0% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($320 per ton), while the price for Portugal amounted to $297 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Portland Cement, White, Whether or Not Artificially Coloured in Panama (FOB) - 2022

The average export price for portland cement, white, whether or not artificially coloured stood at $175 per ton in 2022, surging by 24% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the peak figure at $471 per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 Mexico ($5,448 per ton), while the average price for exports to Cuba ($58 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 Bahamas (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Portland Cement, White, Whether or Not Artificially Coloured in Panama

In 2022, approx. 713 tons of portland cement, white, whether or not artificially coloured were imported into Panama; which is down by -54.7% against 2021. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 30%.

In value terms, imports of portland cement, white, whether or not artificially coloured shrank significantly to $216K in 2022. Over the period under review, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year.

Import of Portland Cement, White, Whether or Not Artificially Coloured in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal90.594.711415519.6%
Turkey10139.274.460.4-15.7%
Mexico13547.873.7N/A-26.1%
Others45.937.650.0N/A4.4%
Total372219312216-16.6%

Top Suppliers of Portland Cement, White, Whether or Not Artificially Coloured to Panama in 2022:

  1. Portugal (523.8 tons)
  2. Turkey (188.9 tons)

Exports of Portland Cement, White, Whether or Not Artificially Coloured in Panama

For the fourth consecutive year, Panama recorded growth in overseas shipments of portland cement, white, whether or not artificially coloured, which increased by 208% to 13K tons in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 4,857% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of portland cement, white, whether or not artificially coloured surged to $2.2M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 3,127%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Portland Cement, White, Whether or Not Artificially Coloured in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico5.012.66.820.560.1%
El Salvador0.30.60.30.838.7%
Costa Rica0.20.50.30.751.8%
Colombia0.10.50.20.681.7%
Cuba0.20.40.10.314.5%
Venezuela0.10.20.10.344.2%
Dominican RepublicN/AN/A0.10.2100.0%
BarbadosN/A1.6N/AN/A0%
Chile0.3N/AN/AN/A0%
Cayman IslandsN/AN/A23.3N/A0%
Others4.41.65492,192692.7%
Total10.618.05802,216493.5%

Top Export Markets for Portland Cement, White, Whether or Not Artificially Coloured from Panama in 2022:

    Source: IndexBox Market Intelligence Platform

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