Panama - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Panama - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Green Coffee Price in Panama - 2023

Contents:

  1. Green Coffee Price in Panama (CIF) - 2022
  2. Green Coffee Price in Panama (FOB) - 2022
  3. Green Coffee Imports in Panama
  4. Green Coffee Exports in Panama

Green Coffee Price in Panama (CIF) - 2022

The average green coffee import price stood at $3,879 per ton in 2022, jumping by 61% against the previous year. Overall, the import price, however, continues to indicate a pronounced curtailment. The import price peaked at $5,196 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Peru ($5,952 per ton), while the price for Vietnam ($2,715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+131.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Green Coffee Price in Panama (FOB) - 2022

The average green coffee export price stood at $4,340 per ton in 2022, flattening at the previous year. In general, the export price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 50% against the previous year. As a result, the export price attained the peak level of $14,183 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($11,038 per ton), while the average price for exports to Japan ($2,415 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-2.4%), while the prices for the other major destinations experienced a decline.

Green Coffee Imports in Panama

In 2022, green coffee imports into Panama skyrocketed to 5K tons, rising by 139% against the year before. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, green coffee imports skyrocketed to $19M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Green Coffee in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua1.71.72.313.097.0%
Guatemala0.2N/A0.61.9111.8%
Honduras2.12.61.71.3-14.8%
Vietnam0.1N/A0.11.3135.1%
Costa RicaN/AN/A0.20.7250.0%
Peru2.1N/AN/A0.7-30.7%
BrazilN/AN/AN/A0.40%
OthersN/A0.10.1N/A0.0%
Total6.24.35.119.446.3%

Top Suppliers of Green Coffee to Panama in 2022:

  1. Nicaragua (3235.3 tons)
  2. Guatemala (682.0 tons)
  3. Vietnam (475.0 tons)
  4. Honduras (285.4 tons)
  5. Costa Rica (132.8 tons)
  6. Peru (113.8 tons)
  7. Brazil (76.1 tons)

Green Coffee Exports in Panama

In 2022, shipments abroad of coffee (green) decreased by -13.6% to 101 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 138%. As a result, the exports attained the peak of 563 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, green coffee exports dropped to $437K in 2022. In general, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 122%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Green Coffee in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/A1.1N/A1561090.9%
Germany1280.6N/A1433.8%
ChinaN/A48.033.952.24.3%
United Arab Emirates17140724837.8-39.5%
JapanN/A12.524.916.615.2%
United States6701,35776.48.1-77.0%
Spain7.113436.7N/A127.4%
Senegal25.3236N/AN/A832.8%
Others21.068.485.623.74.1%
Total1,0222,266505437-24.7%

Top Export Markets for Green Coffee from Panama in 2022:

  1. Hong Kong SAR (56.3 tons)
  2. Germany (16.5 tons)
  3. China (13.0 tons)
  4. Japan (6.9 tons)
  5. United Arab Emirates (3.4 tons)
  6. United States (2.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green coffee 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 656 - Coffee green

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Panama - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 571

This report provides an in-depth analysis of the green coffee market in Panama.

Panama - Coffee (Decaffeinated And Roasted) - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 126

This report provides an in-depth analysis of the market for decaffeinated or roasted coffee in Panama.

Panama - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 98

This report provides an in-depth analysis of the coffee extract market in Panama.

Panama - Coffee Substitutes Containing Coffee - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 101

This report provides an in-depth analysis of the coffee substitutes market in Panama.

Panama - Decaffeinated Coffee (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 89

This report provides an in-depth analysis of the unroasted decaffeinated coffee market in Panama.

Panama - Roasted Coffee (Not Decaffeinated) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 123

This report provides an in-depth analysis of the non-decaffeinated roasted coffee market in Panama.

Panama - Roasted Decaffeinated Coffee - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 140

This report provides an in-depth analysis of the roasted decaffeinated coffee market in Panama.

Panama - Roasted Coffee - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 126

This report provides an in-depth analysis of the roasted coffee market in Panama.

Panama - Decaffeinated Coffee - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 127

This report provides an in-depth analysis of the decaffeinated coffee market in Panama.

World - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 4529

This report provides an in-depth analysis of the global green coffee market.

Global Green Coffee Bean Imports: Leading Markets and Key Insights Revealed
Oct 5, 2023
Eye 352

Explore the top import markets for green coffee beans and their key statistics. The United States, Germany, Italy, Japan, and Switzerland lead the way in satisfying the global demand for quality green coffee. Discover the trends and market insights on IndexBox market intelligence platform.

Coffee Prices to Stumble After Surging 30% in 2021
Jan 13, 2022
Eye 1074

Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.  

Coffee Prices Jump to Seven-Year Highs Due to Brazilian Frosts
Aug 3, 2021
Eye 744

Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.

Global Coffee Market Enjoys Ongoing Growth Despite Pandemic
Apr 9, 2021
Eye 1607

Coffee yield figures remained robust in 2020 and coffee bean exports increased, despite the disruption to supply chains caused by the Coronavirus restrictions. Home coffee consumption surged, thereby helping to offset the slump in sales following the closure of the HoReCa segment. Average coffee prices remained growing gradually through to Q1 2021. 

Which Country Consumes the Most Green Coffee in the World?
Feb 9, 2018
Eye 1799

Global green coffee consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.

Which Country Exports the Most Green Coffee in the World?
Feb 1, 2018
Eye 1234

Global green coffee exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.

Which Country Imports the Most Green Coffee in the World?
Jan 25, 2018
Eye 1602

Global green coffee imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.

Which Country Produces the Most Green Coffee in the World?
Oct 23, 2017
Eye 1988

In 2015, the countries with the highest levels of green coffee production were Brazil (X thousand tons), Vietnam (X thousand tons), Colombia (X thousand tons), together accounting for X% of total output.

Green Coffee Market - Brazil’s Green Coffee Exports Increased by 32% in 2014
Sep 22, 2015
Eye 1942

Brazil continued its dominance in the global green coffee trade. In 2014, Brazil exported X thousand tons of green coffee totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it

Top Import Markets for Decaffeinated or Roasted Coffee
Nov 20, 2023
Eye 233

Explore the top import markets for decaffeinated or roasted coffee, including key statistics and insights. Discover the valuable data and analysis provided by the IndexBox Market Intelligence Platform.

Free Data: Coffee (Green) - Panama