Panama - Meat Dishes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Meat Dishes - Market Analysis, Forecast, Size, Trends And Insights

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Meat Dishes Price in Panama - 2023

Contents:

  1. Meat Dishes Price in Panama (CIF) - 2023
  2. Meat Dishes Price in Panama (FOB) - 2022
  3. Meat Dishes Imports in Panama
  4. Meat Dishes Exports in Panama

Meat Dishes Price in Panama (CIF) - 2023

In November 2023, the average meat dishes import price amounted to $5,612 per ton, picking up by 19% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $6,241 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($8,333 per ton), while the price for Brazil ($3,191 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Meat Dishes Price in Panama (FOB) - 2022

In 2022, the average meat dishes export price amounted to $4,467 per ton, reducing by -4.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 14% against the previous year. As a result, the export price attained the peak level of $4,831 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Guyana ($4,795 per ton) and Cuba ($4,686 per ton), while the average price for exports to Peru ($3,527 per ton) and Nicaragua ($3,960 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports in Panama

In 2022, approx. 14K tons of meat dishes were imported into Panama; shrinking by -21.7% compared with 2021 figures. In general, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 18K tons, and then contracted dramatically in the following year.

In value terms, meat dishes imports dropped to $72M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $82M, and then contracted in the following year.

Import of Meat Dishes in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States49.839.759.251.10.9%
Denmark16.521.317.715.2-2.7%
Spain1.31.51.51.811.5%
Netherlands0.30.80.61.467.1%
Brazil0.41.31.31.244.2%
Others2.01.11.31.4-11.2%
Total70.365.781.672.20.9%

Top Suppliers of Meat Dishes to Panama in 2022:

  1. United States (9.8K tons)
  2. Denmark (3.1K tons)
  3. Brazil (0.4K tons)
  4. Netherlands (0.3K tons)
  5. Spain (0.3K tons)

Meat Dishes Exports in Panama

In 2022, overseas shipments of meat dishes were finally on the rise to reach 605 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a deep contraction.

In value terms, meat dishes exports reached $2.7M in 2022. Over the period under review, exports, however, recorded a abrupt contraction.

Export of Meat Dishes in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago1,5156675531,312-4.7%
El Salvador48459690192023.9%
Nicaragua14787.214623316.6%
Guyana13242.2N/A95.1-10.4%
Cuba39969733184.3-40.4%
PeruN/AN/AN/A57.30%
Mexico120N/AN/AN/A0%
Honduras6421,019525N/A-9.6%
Others12754.484.0N/A-18.7%
Total3,5673,1622,5402,702-8.8%

Top Export Markets for Meat Dishes from Panama in 2022:

  1. Trinidad and Tobago (280.6 tons)
  2. El Salvador (211.4 tons)
  3. Nicaragua (58.8 tons)
  4. Guyana (19.8 tons)
  5. Cuba (18.0 tons)
  6. Peru (16.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the meat dishes 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:

  • Prodcom 10851100 - Prepared meals and dishes based on meat, meat offal or blood
  • Prodcom 100000Z1 - Prepared and preserved meat, meat offal or blood, including prepared meat and offal dishes
  • Prodcom 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
  • Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Meat Dishes - Panama