Chlorides; of Aluminium Price in Panama - 2023

Contents:

1. Chlorides; of Aluminium Price in Panama (CIF) - 2022
2. Chlorides; of Aluminium Price in Panama (FOB) - 2022
3. Chlorides; of Aluminium Imports in Panama
4. Chlorides; of Aluminium Exports in Panama

Chlorides; of Aluminium Price in Panama (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $2,514 per ton, surging by 54% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,645 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,810 per ton), while the price for Mexico ($970 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-1.3%), while the prices for the other major suppliers experienced a decline.

Chlorides; of Aluminium Price in Panama (FOB) - 2022

The average chlorides; of aluminium export price stood at $582 per ton in 2022, remaining stable against the previous year. Overall, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2019 an increase of 41% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,882 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -8.4% per year.

Chlorides; of Aluminium Imports in Panama

In 2022, overseas purchases of chlorides; of aluminia decreased by -56.5% to 53 tons, falling for the second consecutive year after two years of growth. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 110%. As a result, imports reached the peak of 129 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chlorides; of aluminium imports reduced dramatically to $134K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 48%.

Top Suppliers of Chlorides; of Aluminium to Panama in 2022:

1. United States (41.3 tons)
2. Free Zones (4.8 tons)
3. Mexico (4.3 tons)
4. China (1.9 tons)
5. India (1.1 tons)

Chlorides; of Aluminium Exports in Panama

In 2022, shipments abroad of chlorides; of aluminia decreased by 0% to 8.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 1% against the previous year. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chlorides; of aluminium exports totaled $5K in 2022. Overall, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 5% against the previous year. As a result, the exports reached the peak of $10K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Chlorides; of Aluminium from Panama in 2022:

1. Costa Rica (8.5 tons)

Source: IndexBox Market Intelligence Platform