Frozen Atlantic Halibut Price in Panama - 2022

Contents:

  1. Frozen Atlantic Halibut Price in Panama (CIF) - 2022
  2. Frozen Atlantic Halibut Imports in Panama

Frozen Atlantic Halibut Price in Panama (CIF) - 2022

In 2022, the average frozen atlantic halibut import price amounted to $6,936 per ton, flattening at the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 13%. Over the period under review, average import prices attained the peak figure at $7,058 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +1.2% per year.

Frozen Atlantic Halibut Imports in Panama

Frozen atlantic halibut imports into Panama rose significantly to 27 tons in 2022, picking up by 11% on the year before. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, frozen atlantic halibut imports totaled $188K in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Atlantic Halibut in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark13715216818710.9%
Others2.61.91.91.4-18.6%
Total14015417018810.3%

Top Suppliers of Frozen Atlantic Halibut to Panama in 2022:

  1. Denmark (27.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish; halibut (reinhardtius hippoglossoides, hippoglossus hippoglossus, hippoglossus stenolepis), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304) - Panama