Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Panama - 2023

Contents:

  1. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Panama (CIF) - 2022
  2. Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Panama

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Panama (CIF) - 2022

The average import price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $1,385 per ton in 2022, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2019 an increase of 21%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,440 per ton), while the price for Colombia stood at $894 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-0.5%).

Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Panama

In 2022, the amount of briquettes, ovoids and similar solid fuels; manufactured from coals imported into Panama reduced rapidly to 16 tons, waning by -75.9% on 2021. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of 65 tons, and then fell markedly in the following year.

In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals reduced sharply to $22K in 2022. In general, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of $81K, and then dropped markedly in the following year.

Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States53.340.879.520.3-27.5%
Colombia2.82.21.81.4-20.6%
OthersN/A0.5N/AN/A0%
Total56.043.481.321.7-27.1%

Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to Panama in 2022:

  1. United States (14.1 tons)
  2. Colombia (1.6 tons)

Source: IndexBox Market Intelligence Platform

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