Panama - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Panama - 2023
Contents:
- Dry Peas Price in Panama (CIF) - 2022
- Dry Peas Price in Panama (FOB) - 2022
- Dry Peas Imports in Panama
- Dry Peas Exports in Panama
Dry Peas Price in Panama (CIF) - 2022
The average dry peas import price stood at $884 per ton in 2022, picking up by 45% against the previous year. In general, the import price recorded mild growth. Over the period under review, average import prices hit record highs at $1,353 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($924 per ton), while the price for Canada stood at $884 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.8%).
Dry Peas Price in Panama (FOB) - 2022
Panama has no trade partners to describe.
Dry Peas Imports in Panama
In 2022, approx. 1.7K tons of peas (dry) were imported into Panama; rising by 17% compared with the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 90% against the previous year. As a result, imports reached the peak of 2.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, dry peas imports soared to $1.5M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 93% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Dry Peas in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 581 | 1,144 | 799 | 1,517 | 37.7% |
| United States | 48.7 | 65.8 | 97.8 | 5.0 | -53.2% |
| Others | 6.1 | 16.9 | 4.4 | 2.8 | -22.9% |
| Total | 635 | 1,227 | 901 | 1,525 | 33.9% |
Top Suppliers of Dry Peas to Panama in 2022:
- Canada (1717.0 tons)
- United States (5.4 tons)
Dry Peas Exports in Panama
In 2022, overseas shipments of peas (dry) decreased by 0% to 4.5 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 8.9 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, dry peas exports totaled $2.1K in 2022. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $4.1K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Dry Peas in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Grenada | 132 | N/A | N/A | N/A | 0% |
| Others | 3,463 | 4,113 | N/A | 2,056 | -16.0% |
| Total | 3,595 | 4,113 | N/A | 2,056 | -17.0% |
Top Export Markets for Dry Peas from Panama in 2022:
This report provides an in-depth analysis of the dry peas 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:
- FCL 187 - Peas, dry
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global dry peas consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
1540
Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
2549
Global dry peas imports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
1420
In 2015, the country with the largest volume of the dry peas output was Canada (X thousand tons), accounting for X% of global production.
2025
Canada maintained control of the dry pea market. In 2014, Canada exported X thousand tons of dry peas totaling X million USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total dry pea exports
3685
Global pigeon peas consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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In 2015, the country with the largest volume of the pigeon peas output was India (X thousand tons), accounting for X% of global production.
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France was one of the leaders in the global pigeon pea trade. In 2014, France exported X thousand tons of pigeon peas totaling X thousand USD, a remarkable X% over the previous year. Its primary trading partner was the Netherlands, where it suppli
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