Stainless Steel Wire Price in Panama - 2023
Contents:
Stainless Steel Wire Price in Panama (CIF) - 2022
The average stainless steel wire import price stood at $4,980 per ton in 2022, waning by -32.9% against the previous year. Overall, the import price showed a slight setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 61% against the previous year. Over the period under review, average import prices reached the peak figure at $7,417 per ton in 2021, and then declined remarkably in the following year.
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 ($12,513 per ton), while the price for Free Zones ($3,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Imports in Panama
Stainless steel wire imports into Panama soared to 27 tons in 2022, increasing by 785% on the previous year. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, stainless steel wire imports surged to $135K in 2022. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Wire in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | N/A | N/A | 2.5 | 65.2 | 2508.0% |
| United States | 22.8 | N/A | 8.7 | 41.8 | 22.4% |
| South Korea | 2.0 | N/A | N/A | 15.0 | 95.7% |
| China | 55.6 | N/A | 9.1 | 12.2 | -39.7% |
| Argentina | 11.2 | N/A | N/A | N/A | 0% |
| South Africa | 5.9 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 2.4 | 0.9 | 65.1% |
| Total | 97.7 | N/A | 22.7 | 135 | 11.4% |
Top Suppliers of Stainless Steel Wire to Panama in 2022:
- Free Zones (19.7 tons)
- United States (3.3 tons)
- China (2.2 tons)
- South Korea (1.7 tons)
121
This report provides an in-depth analysis of the market for iron and steel wire in Panama.
1934
This report provides an in-depth analysis of the global market for iron and steel wire.
516
This report provides an in-depth analysis of the global market for iron and steel wire.
834
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1500
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
996
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1220
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
664
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
923
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3526
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
751
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
220
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
206
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
