Mica; Waste Price in Panama - 2022

Contents:

  1. Mica; Waste Price in Panama (FOB) - 2022
  2. Mica; Waste Exports in Panama

Mica; Waste Price in Panama (FOB) - 2022

The average mica; waste export price stood at $2,522 per ton in 2022, declining by -5.7% against the previous year. In general, export price indicated a prominent increase from 2020 to 2022: its price increased at an average annual rate of +19.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica; waste export price increased by +43.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 52%. As a result, the export price attained the peak level of $2,674 per ton, and then declined in the following year.

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

From 2020 to 2022, the rate of growth in terms of prices for Barbados amounted to +19.7% per year.

Mica; Waste Exports in Panama

In 2022, shipments abroad of mica; wastes decreased by -40.1% to 4.7 tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 404%. As a result, the exports attained the peak of 7.8 tons, and then fell notably in the following year.

In value terms, mica; waste exports dropped rapidly to $12K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 666% against the previous year. As a result, the exports attained the peak of $21K, and then shrank significantly in the following year.

Export of Mica; Waste in Panama (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Barbados2.720.911.8109.1%
OthersN/AN/AN/A0%
Total2.720.911.8109.1%

Top Export Markets for Mica; Waste from Panama in 2022:

  1. Barbados (4.7 tons)

Source: IndexBox Market Intelligence Platform

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