Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Panama - 2023

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Panama (CIF) - 2022
  2. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Panama

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Panama (CIF) - 2022

The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $7,144 per ton in 2022, rising by 46% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by +80.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +15.0% per year.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Panama

Imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Panama skyrocketed to 2.3 tons in 2022, picking up by 1,862% against the previous year's figure. Over the period under review, imports enjoyed strong growth.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia skyrocketed to $16K in 2022. In general, imports saw a significant increase.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.235.30.316.472.4%
Hong Kong SAR0.84.1N/AN/A412.5%
Colombia3.016.80.2N/A-74.2%
Others1.77.40.1N/A-75.7%
Total8.663.70.616.424.0%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Panama in 2022:

  1. China (2.3 tons)

Source: IndexBox Market Intelligence Platform

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