Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Panama - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Panama (CIF) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Panama
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Panama (CIF) - 2022
The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $15,234 per ton in 2022, surging by 10% against the previous year. Over the last five years, it increased at an average annual rate of +6.3%. The growth pace was the most rapid in 2018 an increase of 19% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 France ($23,178 per ton), while the price for Italy ($8,973 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+41.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Panama
In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) imported into Panama reached 14 tons, picking up by 2% on the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) expanded notably to $209K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +87.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 108 | 85.1 | 146 | 152 | 12.1% |
| United States | 14.9 | 12.4 | 21.9 | 27.0 | 21.9% |
| France | 13.0 | 13.5 | 11.7 | 20.4 | 16.2% |
| Spain | N/A | 0.5 | 3.3 | 5.8 | 240.6% |
| Italy | N/A | 0.4 | 3.2 | 3.7 | 204.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 136 | 112 | 186 | 209 | 15.4% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Panama in 2022:
- Denmark (9.7 tons)
- United States (2.4 tons)
- France (0.9 tons)
- Italy (0.4 tons)
- Spain (0.3 tons)
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