Key Market Indicators
Panamanian demand for zinc is expected to decrease to $659,820 by 2026, falling by 5.1% annually on average. Since 2000, it has dropped by 4% each year. In 2021, Panama held the 99th spot in the global ranking, with Uruguay taking the lead at $896,270. The United States, Germany, and Belgium followed in the 2nd, 3rd, and 4th positions respectively. Meanwhile, export of zinc from Panama is forecast to dip to $926,560 by 2026, with an annual decrease of 1.4%. Since 2002, the supply has been decreasing at a rate of 0.4% per year. In 2021, Panama was in the 69th place in the ranking, with Ecuador leading at $1,005,000. Belgium, Canada, and Australia were in the 2nd, 3rd, and 4th positions respectively.
