Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Panama - 2022

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Panama (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Panama

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Panama (CIF) - 2022

In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $3,584 per ton, shrinking by -21.4% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48%. The import price peaked at $6,497 per ton in 2012; however, from 2013 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 -5.8% per year.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Panama

After two years of decline, purchases abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses increased by 45% to 1.3 tons in 2022. Overall, imports, however, showed a abrupt decrease.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $4.8K in 2022. In general, imports, however, saw a abrupt curtailment.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.15.44.24.8-7.7%
OthersN/AN/AN/AN/A0%
Total6.15.44.24.8-7.7%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Panama in 2022:

  1. United States (1.3 tons)

Source: IndexBox Market Intelligence Platform

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