Unsaturated Acyclic Hydrocarbons Price in Panama - 2023
Contents:
- Unsaturated Acyclic Hydrocarbons Price in Panama (CIF) - 2022
- Unsaturated Acyclic Hydrocarbons Price in Panama (FOB) - 2022
- Unsaturated Acyclic Hydrocarbons Imports in Panama
- Unsaturated Acyclic Hydrocarbons Exports in Panama
Unsaturated Acyclic Hydrocarbons Price in Panama (CIF) - 2022
In 2022, the average unsaturated acyclic hydrocarbons import price amounted to $7,623 per ton, waning by -10% against the previous year. Overall, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 an increase of 48%. The import price peaked at $8,465 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($20,039 per ton), while the price for Spain ($276 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Unsaturated Acyclic Hydrocarbons Price in Panama (FOB) - 2022
In 2022, the average unsaturated acyclic hydrocarbons export price amounted to $3,311 per ton, rising by 88% against the previous year. In general, the export price, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,506 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($7,937 per ton), while the average price for exports to Venezuela ($411 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 Costa Rica (+1.6%), while the prices for the other major destinations experienced a decline.
Unsaturated Acyclic Hydrocarbons Imports in Panama
In 2022, approx. 46 tons of unsaturated acyclic hydrocarbons were imported into Panama; declining by -12.2% compared with the year before. In general, imports recorded a slight reduction. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of 53 tons, and then shrank in the following year.
In value terms, unsaturated acyclic hydrocarbons imports reduced markedly to $354K in 2022. Overall, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports attained the peak of $447K, and then fell markedly in the following year.
| Import of Unsaturated Acyclic Hydrocarbons in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 103 | 58.5 | 66.4 | 102 | -0.3% |
| Brazil | 106 | 23.6 | 38.5 | 86.5 | -6.6% |
| Free Zones | 16.1 | 14.8 | 35.5 | 54.3 | 50.0% |
| Netherlands | 30.1 | 18.8 | 23.0 | 39.3 | 9.3% |
| United States | 44.8 | 12.3 | 24.1 | 36.9 | -6.3% |
| Turkey | 30.8 | 7.3 | 16.4 | 6.7 | -39.9% |
| Spain | 5.0 | 2.7 | 2.8 | 4.2 | -5.6% |
| Costa Rica | 3.8 | 2.1 | 2.2 | 3.2 | -5.6% |
| El Salvador | N/A | 75.3 | 224 | N/A | 197.5% |
| Singapore | 4.8 | N/A | N/A | N/A | 0% |
| Others | 21.8 | 12.2 | 13.5 | 20.9 | -1.4% |
| Total | 367 | 228 | 447 | 354 | -1.2% |
Top Suppliers of Unsaturated Acyclic Hydrocarbons to Panama in 2022:
- Spain (15.3 tons)
- Netherlands (8.1 tons)
- Brazil (6.4 tons)
- China (5.5 tons)
- United States (3.5 tons)
- Costa Rica (2.8 tons)
- Free Zones (2.7 tons)
- Turkey (0.5 tons)
Unsaturated Acyclic Hydrocarbons Exports in Panama
In 2022, the amount of unsaturated acyclic hydrocarbons exported from Panama fell sharply to 4.8 tons, reducing by -44.9% on the year before. In general, exports, however, saw tangible growth. The growth pace was the most rapid in 2021 when exports increased by 176%. As a result, the exports reached the peak of 8.6 tons, and then shrank dramatically in the following year.
In value terms, unsaturated acyclic hydrocarbons exports expanded to $16K in 2022. Overall, exports recorded a abrupt setback.
| Export of Unsaturated Acyclic Hydrocarbons in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 14.4 | 7.3 | 5.5 | 7.9 | -18.1% |
| Ecuador | 3.0 | 1.8 | 1.5 | 2.5 | -5.9% |
| Guatemala | 2.4 | 0.9 | 0.7 | 0.9 | -27.9% |
| Costa Rica | 1.6 | 0.6 | 0.4 | 0.4 | -37.0% |
| Venezuela | 1.4 | 0.5 | 0.3 | 0.3 | -40.2% |
| United States | N/A | N/A | 4.1 | N/A | 0% |
| Others | 0.6 | 5.1 | 2.7 | 3.7 | 83.4% |
| Total | 23.5 | 16.3 | 15.2 | 15.7 | -12.6% |
Top Export Markets for Unsaturated Acyclic Hydrocarbons from Panama in 2022:
- El Salvador (3101.0 kg)
- Venezuela (845.0 kg)
- Guatemala (340.0 kg)
- Ecuador (318.0 kg)
- Costa Rica (150.0 kg)
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