Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama - 2023

Contents:

  1. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama (CIF) - 2022
  2. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama (FOB) - 2022
  3. Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama
  4. Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama (CIF) - 2022

The average import price for optical elements; polarising material, sheets and plates thereoves stood at $13,064 per ton in 2022, approximately equating the previous year. Over the period under review, the import price saw a precipitous decline. The most prominent rate of growth was recorded in 2019 an increase of 1,423% against the previous year. Over the period under review, average import prices reached the peak figure at $108,191 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for Free Zones amounted to +4.1% per year.

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama (FOB) - 2022

In 2022, the average export price for optical elements; polarising material, sheets and plates thereoves amounted to $7,366 per ton, reducing by -41% against the previous year. Over the period under review, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 786%. The export price peaked at $52,673 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($15,914 per ton), while the average price for exports to Chile totaled $5,076 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama

In 2022, overseas purchases of optical elements; polarising material, sheets and plates thereoves decreased by 0% to 1.4 tons, falling for the second year in a row after two years of growth. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves stood at $18K in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 48%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.3N/AN/A18.3293.6%
Free Zones7.110.9N/AN/A53.5%
OthersN/AN/AN/AN/A0%
Total7.410.9N/A18.335.2%

Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Panama in 2022:

  1. United States (1.4 tons)

Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama

In 2022, shipments abroad of optical elements; polarising material, sheets and plates thereoves was finally on the rise to reach 885 kg after two years of decline. Over the period under review, exports, however, saw a noticeable slump.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves surged to $6.5K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.43.20.53.5106.1%
ChinaN/AN/AN/A3.00%
Costa Rica1.1N/AN/AN/A0%
PeruN/A0.4N/AN/A0%
Others2.2N/A0.7N/A-43.6%
Total3.73.61.26.520.7%

Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Panama in 2022:

  1. Chile (698.0 kg)
  2. China (187.0 kg)

Source: IndexBox Market Intelligence Platform

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