Sulphites; of Sodium Price in Panama - 2023
Contents:
Sulphites; of Sodium Price in Panama (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $1,138 per ton, rising by 32% against the previous year. Overall, the import price showed a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 92% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($1,917 per ton), while the price for China ($925 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Imports in Panama
In 2022, approx. 318 tons of sulphites; of sodia were imported into Panama; with an increase of 124% compared with the previous year. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 399% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, sulphites; of sodium imports surged to $361K in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 567%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Sulphites; of Sodium in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.2 | 0.8 | 12.7 | 170 | 106.9% |
| Netherlands | 8.1 | 0.3 | 0.8 | 69.1 | 104.3% |
| Germany | 5.1 | 1.5 | 10.5 | 66.6 | 135.5% |
| Colombia | 0.1 | 0.1 | 0.6 | 31.5 | 580.4% |
| Free Zones | 4.6 | 0.2 | 2.1 | 19.6 | 62.1% |
| Ecuador | 7.2 | 2.7 | 12.6 | N/A | 32.3% |
| Thailand | N/A | N/A | 43.3 | N/A | 0% |
| Belgium | 6.3 | 2.0 | 5.8 | N/A | -4.1% |
| Italy | 26.8 | 7.6 | 19.1 | N/A | -15.6% |
| Others | 10.5 | 3.2 | 15.1 | 4.4 | -25.2% |
| Total | 87.7 | 18.4 | 123 | 361 | 60.3% |
Top Suppliers of Sulphites; of Sodium to Panama in 2022:
- China (184.0 tons)
- Netherlands (55.0 tons)
- Germany (49.0 tons)
- Colombia (16.8 tons)
- Free Zones (10.2 tons)
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