Frozen Eels Price in Panama - 2022
Contents:
Frozen Eels Price in Panama (CIF) - 2022
In 2022, the average frozen eels import price amounted to $4,500 per ton, dropping by -15.6% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2016 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $25,607 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +19.7% per year.
Frozen Eels Imports in Panama
In 2022, purchases abroad of frozen eels was finally on the rise to reach 14 kg after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt curtailment.
In value terms, frozen eels imports contracted modestly to $63 in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 5.1%.
| Import of Frozen Eels in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.0 | 58.0 | 64.0 | 63.0 | 16.3% |
| Brazil | 19.0 | 4.0 | N/A | N/A | -78.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 59.0 | 62.0 | 64.0 | 63.0 | 2.2% |
Top Suppliers of Frozen Eels to Panama in 2022:
- China (14.0 kg)
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