Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama - 2023

Contents:

  1. Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (CIF) - 2022
  2. Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (FOB) - 2022
  3. Imports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama
  4. Exports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama

Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (CIF) - 2022

In 2022, the average import price for perchlorates; bromates and perbromates; iodates and periodateses amounted to $4,713 per ton, falling by -20.7% against the previous year. Overall, the import price faced a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 84% against the previous year. As a result, import price attained the peak level of $14,133 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Free Zones ($54,384 per ton), while the price for China ($1,928 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 (+98.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (FOB) - 2022

In 2022, the average export price for perchlorates; bromates and perbromates; iodates and periodateses amounted to $23,781 per ton, remaining constant against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs at $48,766 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +31.7% per year.

Imports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama

In 2022, the amount of perchlorates; bromates and perbromates; iodates and periodateses imported into Panama surged to 31 tons, picking up by 85% compared with 2021. Overall, imports posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 278% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of perchlorates; bromates and perbromates; iodates and periodateses soared to $145K in 2022. In general, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 145% against the previous year.

Import of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.6N/A28.554.558.8%
Free ZonesN/AN/A21.444.6108.4%
IndiaN/A21.349.041.940.3%
MexicoN/AN/AN/A3.50%
Chile13912.2N/AN/A-91.2%
Others6.56.90.10.5-57.5%
Total15940.499.0145-3.0%

Top Suppliers of Perchlorates; Bromates and Perbromates; Iodates and Periodates to Panama in 2022:

  1. China (28.3 tons)
  2. India (0.9 tons)
  3. Free Zones (0.8 tons)
  4. Mexico (0.7 tons)

Exports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama

For the third consecutive year, Panama recorded decline in overseas shipments of perchlorates; bromates and perbromates; iodates and periodateses, which decreased by 0% to 1.2 tons in 2022. Over the period under review, exports faced a sharp curtailment. The smallest decline of -25.6% was in 2020.

In value terms, exports of perchlorates; bromates and perbromates; iodates and periodateses totaled $28K in 2022. Overall, exports recorded a precipitous slump. The smallest decline of -22.5% was in 2020.

Export of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic2.455.6N/A27.8126.3%
Colombia69.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total71.755.6N/A27.8-27.1%

Top Export Markets for Perchlorates; Bromates and Perbromates; Iodates and Periodates from Panama in 2022:

  1. Dominican Republic (1.2 tons)

Source: IndexBox Market Intelligence Platform

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