Price for Dyes; Pigments and Preparations Based Thereon in Panama - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Panama (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Panama (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Panama
- Exports of Dyes; Pigments and Preparations Based Thereon in Panama
Price for Dyes; Pigments and Preparations Based Thereon in Panama (CIF) - 2022
In 2022, the average import price for dyes; pigments and preparations based therea amounted to $6,842 per ton, which is down by -16.6% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 an increase of 34% against the previous year. The import price peaked at $9,794 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($13,578 per ton), while the price for Hong Kong SAR ($1,744 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Panama (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $9,038 per ton in 2022, approximately equating the previous year. Overall, the export price saw a pronounced decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 31%. The export price peaked at $11,335 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($9,149 per ton), while the average price for exports to Guatemala ($8,991 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 Honduras (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Dyes; Pigments and Preparations Based Thereon in Panama
In 2022, overseas purchases of dyes; pigments and preparations based therea were finally on the rise to reach 97 tons after two years of decline. Overall, imports, however, continue to indicate a abrupt setback.
In value terms, imports of dyes; pigments and preparations based therea shrank modestly to $661K in 2022. In general, imports, however, continue to indicate a pronounced downturn.
| Import of Dyes; Pigments and Preparations Based Thereon in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 183 | 144 | 72.6 | 221 | 6.5% |
| Colombia | 227 | 244 | 146 | 204 | -3.5% |
| Mexico | 99.9 | 49.7 | 96.9 | 64.5 | -13.6% |
| Costa Rica | 9.4 | 11.9 | 21.9 | 42.0 | 64.7% |
| Brazil | 50.1 | 41.3 | 58.2 | 40.1 | -7.2% |
| Canada | 9.6 | N/A | N/A | 39.2 | 59.8% |
| Free Zones | N/A | 38.4 | 192 | 23.9 | -21.1% |
| China | 27.8 | 148 | 3.0 | 5.4 | -42.1% |
| Guatemala | 7.3 | 9.3 | 15.6 | 4.3 | -16.2% |
| Spain | 12.3 | 14.7 | 10.7 | N/A | -6.7% |
| Germany | 29.1 | 7.1 | 43.5 | N/A | 22.3% |
| El Salvador | 57.4 | N/A | 1.3 | N/A | -85.0% |
| Others | 56.0 | 40.1 | 10.7 | 16.2 | -33.9% |
| Total | 768 | 749 | 673 | 661 | -4.9% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Panama in 2022:
- United States (47.2 tons)
- Colombia (24.7 tons)
- Mexico (5.2 tons)
- Free Zones (4.6 tons)
- Costa Rica (4.2 tons)
- Canada (3.3 tons)
- Brazil (3.0 tons)
- China (0.9 tons)
- Guatemala (0.5 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Panama
In 2022, overseas shipments of dyes; pigments and preparations based therea decreased by 0% to 6.3 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a mild decrease. The growth pace was the most rapid in 2020 with an increase of 90% against the previous year. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of dyes; pigments and preparations based therea stood at $57K in 2022. Over the period under review, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 78%. As a result, the exports attained the peak of $114K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Dyes; Pigments and Preparations Based Thereon in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 18.6 | 33.6 | N/A | 36.4 | 25.1% |
| Venezuela | 4.5 | 5.5 | N/A | 13.4 | 43.9% |
| Honduras | 15.4 | 0.1 | N/A | 6.9 | -23.5% |
| Dominican Republic | 14.7 | 31.9 | N/A | N/A | 117.0% |
| Chile | N/A | 24.8 | N/A | N/A | 0% |
| Costa Rica | N/A | 13.4 | N/A | N/A | 0% |
| Cuba | 3.0 | 2.0 | N/A | N/A | -33.3% |
| Others | 7.7 | 2.3 | N/A | 0.1 | -76.5% |
| Total | 63.8 | 114 | N/A | 56.8 | -3.8% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Panama in 2022:
- Guatemala (4.1 tons)
- Venezuela (1.5 tons)
- Honduras (0.8 tons)
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