Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama - 2023

Contents:

  1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama (CIF) - 2022
  2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama (FOB) - 2022
  3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama
  4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama (CIF) - 2022

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $7,362 per ton in 2022, surging by 8.1% against the previous year. Overall, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28% against the previous year. The import price peaked at $10,623 per ton in 2020; however, from 2021 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 the United States ($36,096 per ton), while the price for Guatemala ($3,128 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $6,517 per ton in 2021, increasing by 26% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 46%. The export price peaked at $10,291 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Guatemala ($10,426 per ton), while the average price for exports to Costa Rica ($5,464 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama

For the fourth year in a row, Panama recorded growth in overseas purchases of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, which increased by 83% to 141 tons in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses soared to $1M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden42.526.810420268.1%
Colombia17.731.640.4145101.6%
Germany39.572.877.512446.4%
Costa Rica39.814.128.999.735.8%
Netherlands3.928.013.998.7193.6%
Belgium2.36.123.558.7194.4%
South Korea51.178.639.156.03.1%
Guatemala6.714.023.054.7101.4%
China45.333.719.69.7-40.2%
Others1452011551899.2%
Total3945075251,03738.1%

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Panama in 2022:

  1. Costa Rica (26.3 tons)
  2. Sweden (22.4 tons)
  3. Germany (20.5 tons)
  4. Colombia (18.3 tons)
  5. Guatemala (17.5 tons)
  6. Netherlands (11.0 tons)
  7. Belgium (9.3 tons)
  8. South Korea (5.0 tons)
  9. China (0.4 tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama

For the third year in a row, Panama recorded growth in overseas shipments of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, which increased by 58% to 17 tons in 2021. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 431% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $113K in 2021. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 275%. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Panama (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Ecuador0.221.157.31592.6%
Dominican Republic3.09.515.4126.6%
Venezuela3.19.314.6117.0%
Costa Rica2.27.411.4127.6%
Honduras0.95.17.1180.9%
Guatemala2.43.35.855.5%
Others3.31.11.2-39.7%
Total15.156.7113173.6%

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from Panama in 2022:

  1. Ecuador (8.7 tons)
  2. Dominican Republic (2.7 tons)
  3. Costa Rica (2.1 tons)
  4. Venezuela (1.8 tons)
  5. Honduras (1.3 tons)
  6. Guatemala (0.6 tons)

Source: IndexBox Market Intelligence Platform

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