Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama - 2022
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $86,455 per ton in 2022, surging by 36% against the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 382%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +346.7% per year.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama (FOB) - 2022
In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $12,617 per ton, approximately equating the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for chromium and articles thereof; wrought other than waste and scrap decreased by -20.6% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 80%. As a result, the export price reached the peak level of $19,115 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($88,000 per ton), while the average price for exports to Aruba totaled $12,196 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+9.5%).
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama
In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap imported into Panama reduced remarkably to 11 kg, which is down by -50% on 2021 figures. In general, imports saw a precipitous curtailment. The smallest decline of -35.3% was in 2021.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap dropped significantly to $951 in 2022. Over the period under review, imports recorded a perceptible descent. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 1.2 | 1.4 | 1.0 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 1.2 | 1.4 | 1.0 | 0.0% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Panama in 2022:
- United States (11.0 kg)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama
In 2022, approx. 180 kg of chromium and articles thereof; wrought other than waste and scrap were exported from Panama; falling by -48.7% on 2021 figures. Overall, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 3,800%. As a result, the exports attained the peak of 351 kg, and then contracted rapidly in the following year.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap reduced markedly to $2.3K in 2022. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,294% against the previous year. As a result, the exports reached the peak of $4.4K, and then reduced rapidly in the following year.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 1.5 | 0.1 | 4.3 | 2.2 | 13.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 1.6 | 0.1 | 4.4 | 2.3 | 12.9% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Panama in 2022:
- Aruba (179.0 kg)
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