Price for Dithionites and Sulphoxylates; of Sodium in Panama - 2022
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Panama (CIF) - 2022
- Price for Dithionites and Sulphoxylates; of Sodium in Panama (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Panama
- Exports of Dithionites and Sulphoxylates; of Sodium in Panama
Price for Dithionites and Sulphoxylates; of Sodium in Panama (CIF) - 2022
The average import price for dithionites and sulphoxylates; of sodia stood at $3,302 per ton in 2022, growing by 60% against the previous year. In general, the import price posted a resilient expansion. The growth pace was the most rapid in 2020 an increase of 94% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
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 the United States amounted to +5.4% per year.
Price for Dithionites and Sulphoxylates; of Sodium in Panama (FOB) - 2022
The average export price for dithionites and sulphoxylates; of sodia stood at $917 per ton in 2022, reducing by -4.2% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 24%. Over the period under review, the average export prices attained the maximum at $2,165 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($995 per ton), while the average price for exports to Namibia ($780 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 Guatemala (-6.3%).
Imports of Dithionites and Sulphoxylates; of Sodium in Panama
For the third year in a row, Panama recorded decline in overseas purchases of dithionites and sulphoxylates; of sodia, which decreased by -73% to 106 kg in 2022. Over the period under review, imports saw a sharp downturn. The smallest decline of -56.8% was in 2021.
In value terms, dithionites and sulphoxylates; of sodium imports fell sharply to $350 in 2022. Overall, imports saw a dramatic decline. The smallest decline of -36.1% was in 2021.
| Import of Dithionites and Sulphoxylates; of Sodium in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | N/A | N/A | 0.3 | -43.9% |
| China | 115 | 1.2 | 0.8 | N/A | -91.7% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 118 | 1.3 | 0.8 | 0.3 | -86.4% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Panama in 2022:
- United States (106.0 kg)
Exports of Dithionites and Sulphoxylates; of Sodium in Panama
For the fourth year in a row, Panama recorded growth in overseas shipments of dithionites and sulphoxylates; of sodia, which increased by 22% to 291 tons in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 101%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, dithionites and sulphoxylates; of sodium exports surged to $267K in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 80% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Dithionites and Sulphoxylates; of Sodium in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | N/A | N/A | N/A | 179 | 0% |
| Namibia | N/A | N/A | N/A | 80.1 | 0% |
| Guatemala | 70.3 | 127 | 229 | 7.7 | -52.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 70.3 | 127 | 229 | 267 | 56.0% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Panama in 2022:
- Zambia (180.1 tons)
- Namibia (102.8 tons)
- Guatemala (8.2 tons)
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