Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Panama (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 19.9 | 30.1 | 40.7 | 38.0 | 24.1% |
Slovenia | 127 | N/A | 42.0 | 33.4 | -35.9% |
Free Zones | 18.9 | 4.5 | 5.3 | 16.5 | -4.4% |
Canada | 14.0 | 8.4 | 9.3 | 8.6 | -15.0% |
India | 5.6 | N/A | 8.2 | 7.9 | 12.2% |
Costa Rica | N/A | N/A | N/A | 7.7 | 0% |
China | 30.1 | 5.9 | 0.1 | 0.1 | -85.1% |
Others | 9.1 | 2.0 | 0.4 | 0.5 | -62.0% |
Total | 225 | 50.9 | 106 | 113 | -20.5% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Panama in 2022:
- India (3.7 tons)
- Slovenia (3.6 tons)
- United States (2.9 tons)
- Free Zones (2.1 tons)
- Costa Rica (1.8 tons)
- Canada (0.6 tons)
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