Cereals; Oats, Seeds Price in Panama - 2022
Contents:
Cereals; Oats, Seeds Price in Panama (CIF) - 2022
In 2022, the average cereals; oats, seeds import price amounted to $875 per ton, rising by 12% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 295% against the previous year. As a result, import price attained the peak level of $1,417 per ton. From 2014 to 2022, the average 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 +8.1% per year.
Cereals; Oats, Seeds Imports in Panama
In 2022, supplies from abroad of cereals; oats, seedses decreased by -50.9% to 13 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 949%. As a result, imports reached the peak of 115 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; oats, seeds imports declined remarkably to $11K in 2022. Over the period under review, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by 461%. As a result, imports reached the peak of $37K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereals; Oats, Seeds in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 8.9 | 20.5 | 11.3 | 34.0% |
| Canada | 2.0 | 28.5 | N/A | N/A | 1325.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.7 | 37.4 | 20.5 | 11.3 | 19.0% |
Top Suppliers of Cereals; Oats, Seeds to Panama in 2022:
- United States (12.9 tons)
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