Price for Asbestos, Other than Crocidolite in Panama - 2022

Price for Asbestos, Other than Crocidolite in Panama (CIF) - 2022

The average asbestos, other than crocidolite import price stood at $2,432 per ton in 2022, approximately reflecting the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +12.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asbestos, other than crocidolite import price increased by +13.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 173% against the previous year. The import price peaked at $2,518 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +12.4% per year.

Imports of Asbestos, Other than Crocidolite in Panama

In 2022, approx. 118 kg of asbestos, other than crocidolites were imported into Panama; with a decrease of -94.4% on the previous year. Overall, imports faced a precipitous decrease. The smallest decline of -10.5% was in 2020.

In value terms, asbestos, other than crocidolite imports shrank significantly to $287 in 2022. In general, imports faced a sharp decline. The smallest decline of -21.1% was in 2020.