Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama - 2023

Contents:

  1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama (CIF) - 2022
  2. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama (FOB) - 2022
  3. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama
  4. Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama (CIF) - 2022

In 2022, the average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $517 per ton, jumping by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 58%. The import price peaked at $1,234 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Mexico ($1,018 per ton), while the price for Peru ($432 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama (FOB) - 2022

The average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $217 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 57%. As a result, the export price attained the peak level of $425 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +78.9% per year.

Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama

In 2022, the amount of hydrogen chloride (hydrochloric acid); chlorosulphuric acids imported into Panama contracted to 431 tons, shrinking by -12% on 2021 figures. Over the period under review, imports recorded a drastic downturn. The smallest decline of -1.1% was in 2021.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids expanded markedly to $223K in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3.415.486.6101209.7%
Peru65.319.257.174.34.4%
Mexico0.12.8N/A27.3548.7%
ChinaN/A20.820.8N/A0.0%
India96.847.22.2N/A-84.9%
Netherlands15.35.914.1N/A-4.0%
Others21.221.926.719.7-2.4%
Total2021332082233.4%

Top Suppliers of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid to Panama in 2022:

  1. Colombia (227.5 tons)
  2. Peru (171.9 tons)
  3. Mexico (26.8 tons)

Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama

For the third year in a row, Panama recorded decline in overseas shipments of hydrogen chloride (hydrochloric acid); chlorosulphuric acids, which decreased by 0% to 43 tons in 2022. In general, exports saw a sharp contraction. The smallest decline of -66.6% was in 2020.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids totaled $9.4K in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -68.2% was in 2020.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala45.018.2N/A9.4-40.7%
United States13.8N/AN/AN/A0%
OthersN/A0.5N/AN/A0%
Total58.818.7N/A9.4-45.7%

Top Export Markets for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid from Panama in 2022:

  1. Guatemala (43.2 tons)

Source: IndexBox Market Intelligence Platform

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