Price for Chromium Oxides and Hydroxides in Panama - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Panama (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Panama (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Panama
- Exports of Chromium Oxides and Hydroxides in Panama
Price for Chromium Oxides and Hydroxides in Panama (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $3,405 per ton in 2022, shrinking by -30.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 72% against the previous year. Over the period under review, average import prices reached the maximum at $9,263 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +5.8% per year.
Price for Chromium Oxides and Hydroxides in Panama (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $3,656 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price showed a mild contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 65% against the previous year. As a result, the export price reached the peak level of $5,764 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to -1.1% per year.
Imports of Chromium Oxides and Hydroxides in Panama
In 2022, the amount of chromium oxides and hydroxideses imported into Panama fell rapidly to 294 kg, reducing by -21.2% against the previous year's figure. In general, imports faced a abrupt shrinkage. The smallest decline of -7.4% was in 2021.
In value terms, chromium oxides and hydroxides imports shrank markedly to $1K in 2022. Over the period under review, imports recorded a deep reduction. The smallest decline of -1% was in 2021.
| Import of Chromium Oxides and Hydroxides in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 249 | 447 | 97.0 | 1,001 | 59.0% |
| China | 1,197 | 971 | 1,274 | N/A | 3.2% |
| Mexico | 102 | 123 | 130 | N/A | 12.9% |
| Italy | 270 | 289 | 317 | N/A | 8.4% |
| Others | 43.0 | 12.0 | 6.0 | N/A | -62.6% |
| Total | 1,861 | 1,842 | 1,824 | 1,001 | -18.7% |
Top Suppliers of Chromium Oxides and Hydroxides to Panama in 2022:
- Colombia (294.0 kg)
Exports of Chromium Oxides and Hydroxides in Panama
In 2022, overseas shipments of chromium oxides and hydroxideses decreased by -0.2% to 5.2 tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 4.4% against the previous year. As a result, the exports attained the peak of 6.5 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, chromium oxides and hydroxides exports declined to $19K in 2022. Over the period under review, exports continue to indicate a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 0.5%.
| Export of Chromium Oxides and Hydroxides in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 20.7 | 7.8 | 19.2 | 19.2 | -2.5% |
| Colombia | N/A | 5.9 | N/A | N/A | 0% |
| Dominican Republic | N/A | 5.5 | N/A | N/A | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 21.3 | 19.1 | 19.2 | 19.2 | -3.4% |
Top Export Markets for Chromium Oxides and Hydroxides from Panama in 2022:
- Venezuela (5.2 tons)
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