Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama - 2024
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama (CIF) - 2024
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama (CIF) - 2024
In January 2024, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $970 per ton, with an increase of 16% against the previous month. In general, the import price, however, showed a deep reduction. The growth pace was the most rapid in September 2023 an increase of 222% month-to-month. As a result, import price reached the peak level of $8,192 per ton. From October 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($3,250 per ton), while the price for China totaled $965 per ton.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (+24.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama (FOB) - 2022
The average export price for tubes, pipes and hollow profiles, of cast iron stood at $209 per ton in 2022, dropping by -85.7% against the previous year. Overall, the export price faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 279%. As a result, the export price attained the peak level of $5,256 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Barbados.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +11.9% per year.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama
Imports of tubes, pipes and hollow profiles, of cast iron into Panama skyrocketed to 16K tons in 2022, jumping by 171% on the previous year's figure. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $27M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 3.5 | 6.7 | 21.6 | 23.0% |
| United States | 0.2 | N/A | 0.1 | 3.9 | 169.2% |
| India | 0.1 | 0.3 | 0.1 | 0.9 | 108.0% |
| Others | 0.8 | 2.1 | 0.2 | 0.2 | -37.0% |
| Total | 12.8 | 5.9 | 7.1 | 26.7 | 27.8% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Panama in 2022:
- China (14.4K tons)
- United States (1.1K tons)
- India (0.7K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama
In 2022, overseas shipments of tubes, pipes and hollow profiles, of cast iron decreased by -94.4% to 705 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,057%.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron dropped rapidly to $148 in 2022. In general, exports recorded a dramatic contraction. The growth pace was the most rapid in 2020 when exports increased by 2,378% against the previous year.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Barbados | N/A | 0.3 | 0.1 | 0.1 | -42.3% |
| Costa Rica | 0.4 | N/A | 18.2 | N/A | 574.5% |
| Belgium | N/A | 16.8 | N/A | N/A | 0% |
| Others | 0.3 | 0.6 | 0.1 | N/A | -42.3% |
| Total | 0.7 | 17.7 | 18.3 | 0.1 | -47.7% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Panama in 2022:
- Barbados (705.0 kg)
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Panama.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Panama.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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Discover the top import markets for iron or steel pipe and tube globally. Explore key statistics and import values for countries like the United States, Germany, Canada, and more.
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