Report Update Nov 1, 2024

Panama - Chlorosulphuric Acid - Market Analysis, Forecast, Size, Trends and Insights

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Panama: Chlorosulphuric Acid Market 2024

Chlorosulphuric Acid Market Size in Panama

In 2022, the Panamanian chlorosulphuric acid market was finally on the rise to reach $X after three years of decline. In general, consumption, however, recorded a slight slump. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Chlorosulphuric Acid Production in Panama

In value terms, chlorosulphuric acid production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable setback. The pace of growth was the most pronounced in 2016 when the production volume increased by 19% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Chlorosulphuric Acid Exports

Exports from Panama

After two years of growth, overseas shipments of chlorosulphuric acid decreased by -20.3% to X tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 304%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, chlorosulphuric acid exports reached $X in 2022. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 289% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Venezuela (X tons) was the main destination for chlorosulphuric acid exports from Panama, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Venezuela was relatively modest.

In value terms, Venezuela ($X) also remains the key foreign market for chlorosulphuric acid exports from Panama.

From 2012 to 2022, the average annual growth rate of value to Venezuela totaled -15.0%.

Export Prices by Country

The average chlorosulphuric acid export price stood at $X per ton in 2022, surging by 32% against the previous year. Overall, the export price, however, recorded a deep slump. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to -14.8% per year.

Chlorosulphuric Acid Imports

Imports into Panama

In 2019, the amount of chlorosulphuric acid imported into Panama fell rapidly to X tons, dropping by -90.8% against the previous year. Over the period under review, imports, however, continue to indicate a significant increase. Over the period under review, imports reached the maximum at X tons in 2018, and then reduced markedly in the following year.

In value terms, chlorosulphuric acid imports shrank dramatically to $X in 2019. Overall, imports recorded a deep downturn. Imports peaked at $X in 2018, and then declined sharply in the following year.

Imports by Country

In 2019, Belgium (X tons) was the main chlorosulphuric acid supplier to Panama, accounting for a 93% share of total imports. Moreover, chlorosulphuric acid imports from Belgium exceeded the figures recorded by the second-largest supplier, Spain (X kg), more than tenfold.

From 2013 to 2019, the average annual growth rate of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (0.0% per year) and Germany (-99.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of chlorosulphuric acid to Panama, comprising 66% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports.

From 2013 to 2019, the average annual rate of growth in terms of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-95.8% per year) and Spain (0.0% per year).

Import Prices by Country

The average chlorosulphuric acid import price stood at $X per ton in 2019, jumping by 97% against the previous year. Over the period under review, the import price, however, continues to indicate a significant contraction. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Germany (+1,768.0%).

Source: IndexBox Platform

This report provides an in-depth analysis of the chlorosulphuric acid market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132415 - Chlorosulphuric acid

Country coverage:

Panama

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Panama
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023