Price for Phosphates; N.E.S in Item No. 2835.2 in Panama - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Panama (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Panama (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Panama
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Panama
Price for Phosphates; N.E.S in Item No. 2835.2 in Panama (CIF) - 2022
The average import price for phosphates; n.e.s in item no. 2835.2s stood at $2,504 per ton in 2022, rising by 166% against the previous year. In general, the import price showed noticeable growth. Over the period under review, average import prices hit record highs at $4,103 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Guatemala ($6,826 per ton), while the price for France ($1,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in Panama (FOB) - 2022
The average export price for phosphates; n.e.s in item no. 2835.2s stood at $6,005 per ton in 2022, dropping by -7.5% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The growth pace was the most rapid in 2014 an increase of 114% against the previous year. Over the period under review, the average export prices hit record highs at $7,013 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($13,250 per ton), while the average price for exports to Venezuela ($3,449 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 Costa Rica (+24.3%), while the prices for the other major destinations experienced a decline.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Panama
In 2022, supplies from abroad of phosphates; n.e.s in item no. 2835.2s decreased by -25.1% to 67 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 60% against the previous year.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $168K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 0.3 | 1.1 | 0.1 | 86.9 | 561.7% |
| China | 11.2 | 22.9 | 37.7 | 33.8 | 44.5% |
| United States | 3.4 | 3.8 | 2.2 | 14.3 | 61.4% |
| France | 16.2 | 14.7 | 6.8 | 13.7 | -5.4% |
| Guatemala | N/A | N/A | N/A | 9.1 | 0% |
| Spain | 12.2 | 15.3 | 9.8 | N/A | -10.4% |
| Dominican Republic | N/A | N/A | 17.7 | N/A | 0% |
| Netherlands | 6.3 | 8.2 | 5.4 | N/A | -7.4% |
| Others | 4.4 | 9.3 | 4.4 | 9.8 | 30.6% |
| Total | 53.8 | 75.3 | 84.1 | 168 | 46.2% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Panama in 2022:
- China (27.6 tons)
- Mexico (21.2 tons)
- France (13.0 tons)
- United States (3.4 tons)
- Guatemala (1.3 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Panama
In 2022, approx. 6.6 tons of phosphates; n.e.s in item no. 2835.2s were exported from Panama; surging by 9.3% on the previous year. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s reached $40K in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Suriname | N/A | N/A | N/A | 17.5 | 0% |
| Guatemala | 32.9 | 31.9 | 31.3 | 17.0 | -19.8% |
| Venezuela | 5.8 | 6.7 | 8.0 | 5.2 | -3.6% |
| Others | 0.3 | 0.6 | 0.1 | 0.1 | -30.7% |
| Total | 39.0 | 39.2 | 39.4 | 39.8 | 0.7% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Panama in 2022:
- Guatemala (2.6 tons)
- Suriname (2.5 tons)
- Venezuela (1.5 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
