Price for Copper Plates, Sheets and Strip in Panama - 2024
Contents:
- Price for Copper Plates, Sheets and Strip in Panama (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in Panama (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Panama
- Exports of Copper Plates, Sheets and Strip in Panama
Price for Copper Plates, Sheets and Strip in Panama (CIF) - 2022
The average import price for copper plates, sheets and strips stood at $6,569 per ton in 2022, reducing by -16.9% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2014 an increase of 34% against the previous year. As a result, import price reached the peak level of $10,473 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($10,055 per ton), while the price for the United States ($5,605 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 (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Panama (FOB) - 2022
The average export price for copper plates, sheets and strips stood at $7,698 per ton in 2022, rising by 142% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $15,745 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +52.0% per year.
Imports of Copper Plates, Sheets and Strip in Panama
Copper plates, sheets and strip imports into Panama soared to 33 tons in 2022, jumping by 310% on the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, copper plates, sheets and strip imports soared to $218K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Plates, Sheets and Strip in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 22.3 | 8.0 | 32.2 | 128 | 79.0% |
| United States | 38.0 | 10.0 | 10.5 | 40.5 | 2.1% |
| Mexico | 32.0 | 51.5 | 19.9 | 35.8 | 3.8% |
| Germany | N/A | N/A | N/A | 8.7 | 0% |
| China | 4.9 | 2.9 | 1.2 | 4.2 | -5.0% |
| Peru | N/A | 42.2 | N/A | N/A | 0% |
| Brazil | 11.7 | N/A | N/A | N/A | 0% |
| Others | 4.2 | 3.2 | 0.2 | 1.4 | -30.7% |
| Total | 113 | 118 | 63.9 | 218 | 24.5% |
Top Suppliers of Copper Plates, Sheets and Strip to Panama in 2022:
- Free Zones (20.4 tons)
- United States (7.2 tons)
- Mexico (3.6 tons)
- Germany (1.3 tons)
- China (0.6 tons)
Exports of Copper Plates, Sheets and Strip in Panama
In 2022, after three years of growth, there was significant decline in overseas shipments of copper plates, sheets and strips, when their volume decreased by -32% to 1.2 tons. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 5,264%.
In value terms, copper plates, sheets and strip exports surged to $9.3K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 4,470%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Copper Plates, Sheets and Strip in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 0.1 | 3.4 | 4.8 | 9.3 | 353.1% |
| Ecuador | N/A | N/A | 0.7 | N/A | 0% |
| Costa Rica | 0.1 | N/A | 0.2 | N/A | 41.4% |
| El Salvador | N/A | 1.3 | N/A | N/A | 0% |
| Others | N/A | 1.5 | N/A | N/A | 0% |
| Total | 0.1 | 6.3 | 5.7 | 9.3 | 353.1% |
Top Export Markets for Copper Plates, Sheets and Strip from Panama in 2022:
- Guatemala (1.2 tons)
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