Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama (CIF) - 2022
  2. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama (CIF) - 2022

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $7,578 per ton in 2022, growing by 18% against the previous year. Overall, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 118%. The import price peaked at $11,750 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Canada ($14,756 per ton), while the price for India ($2,110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama

Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Panama declined to 15 tons in 2022, which is down by -10.1% compared with 2021. In general, imports faced a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 282%.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses rose markedly to $113K in 2022. Over the period under review, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 108%.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19.930.140.738.024.1%
Slovenia127N/A42.033.4-35.9%
Free Zones18.94.55.316.5-4.4%
Canada14.08.49.38.6-15.0%
India5.6N/A8.27.912.2%
Costa RicaN/AN/AN/A7.70%
China30.15.90.10.1-85.1%
Others9.12.00.40.5-62.0%
Total22550.9106113-20.5%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Panama in 2022:

  1. India (3.7 tons)
  2. Slovenia (3.6 tons)
  3. United States (2.9 tons)
  4. Free Zones (2.1 tons)
  5. Costa Rica (1.8 tons)
  6. Canada (0.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or less - Panama