Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Panama - 2023

Contents:

  1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Panama (CIF) - 2022
  2. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Panama

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Panama (CIF) - 2022

The average import price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $63,591 per ton in 2022, dropping by -31% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2019 when the average import price increased by 603% against the previous year. The import price peaked at $136,857 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($86,875 per ton), while the price for Free Zones amounted to $50,286 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.4%).

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Panama

In 2022, purchases abroad of glass; unworked, in tubes, of fused quartz or other fused silica increased by 69% to 22 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp setback.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica soared to $1.4K in 2022. In general, imports, however, recorded a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 38%. As a result, imports attained the peak of $4.6K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.34.61.20.7-40.4%
Free ZonesN/AN/AN/A0.70%
OthersN/AN/AN/AN/A0%
Total3.34.61.21.4-24.9%

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to Panama in 2022:

  1. Free Zones (14.0 kg)
  2. United States (8.0 kg)

Source: IndexBox Market Intelligence Platform

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