Price for Railway or Tramway Track Constructions of Iron or Steel in Panama - 2024

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Panama (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Panama (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Panama
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Panama

Price for Railway or Tramway Track Constructions of Iron or Steel in Panama (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $4,168 per ton, which is down by -57% against the previous year. In general, the import price, however, recorded a notable increase. The growth pace was the most rapid in 2020 an increase of 154%. Over the period under review, average import prices attained the maximum at $9,701 per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($10,209 per ton), while the price for China ($2,294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Panama (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $4,813 per ton in 2022, picking up by 1.9% against the previous year. In general, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of 1,238%. Over the period under review, the average export prices attained the maximum at $7,753 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($5,957 per ton), while the average price for exports to Ecuador totaled $4,766 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Panama

After two years of decline, overseas purchases of railway or tramway track constructions of iron or steel increased by 324% to 105 tons in 2022. Over the period under review, imports, however, continue to indicate a precipitous setback.

In value terms, imports of railway or tramway track constructions of iron or steel soared to $437K in 2022. In general, imports, however, continue to indicate a precipitous decrease.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Panama in 2022:

1. South Korea (37.9 tons)
2. United States (22.3 tons)
3. China (20.5 tons)
4. Free Zones (13.5 tons)
5. Spain (7.3 tons)
6. Belgium (3.0 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Panama

In 2022, shipments abroad of railway or tramway track constructions of iron or steel decreased by -59% to 1.8 tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 11,257%. As a result, the exports attained the peak of 69 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of railway or tramway track constructions of iron or steel fell markedly to $8.7K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 755% against the previous year. As a result, the exports reached the peak of $24K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Panama in 2022:

1. Ecuador (1730.0 kg)
2. Guatemala (70.0 kg)

Source: IndexBox Market Intelligence Platform