Price for Apples, Pears and Quinces; Fresh in Panama - 2023
Contents:
- Price for Apples, Pears and Quinces; Fresh in Panama (CIF) - 2023
- Price for Apples, Pears and Quinces; Fresh in Panama (FOB) - 2022
- Imports of Apples, Pears and Quinces; Fresh in Panama
- Exports of Apples, Pears and Quinces; Fresh in Panama
Price for Apples, Pears and Quinces; Fresh in Panama (CIF) - 2023
In November 2023, the average import price for apples, pears and quinces; freshes amounted to $1,367 per ton, dropping by -7.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 7.5% month-to-month. Over the period under review, average import prices reached the peak figure at $1,500 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Spain ($1,488 per ton) and Argentina ($1,431 per ton), while the price for Poland ($1,109 per ton) and Portugal ($1,279 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Chile (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Apples, Pears and Quinces; Fresh in Panama (FOB) - 2022
The average export price for apples, pears and quinces; freshes stood at $1,157 per ton in 2022, declining by -4.2% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, apples, pears and quinces; fresh export price increased by +1.1% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the maximum at $1,387 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,746 per ton), while the average price for exports to France amounted to $650 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Apples, Pears and Quinces; Fresh in Panama
Apples, pears and quinces; fresh imports into Panama fell remarkably to 15K tons in 2022, which is down by -20.9% on 2021. Overall, imports continue to indicate a mild shrinkage. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of 20K tons, and then shrank significantly in the following year.
In value terms, apples, pears and quinces; fresh imports reduced remarkably to $21M in 2022. Over the period under review, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of $25M, and then shrank significantly in the following year.
| Import of Apples, Pears and Quinces; Fresh in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 7.2 | 3.9 | 7.4 | 8.7 | 6.5% |
| United States | 5.7 | 8.3 | 8.5 | 5.7 | 0.0% |
| Italy | 0.9 | 0.5 | 1.9 | 2.2 | 34.7% |
| France | 1.1 | 0.8 | 1.6 | 1.9 | 20.0% |
| Argentina | 0.2 | 0.8 | 0.8 | 1.0 | 71.0% |
| Spain | 0.4 | 0.2 | 0.3 | 0.6 | 14.5% |
| Portugal | 0.4 | 0.1 | 0.3 | 0.4 | 0.0% |
| Others | 2.9 | 2.2 | 4.5 | 0.5 | -44.3% |
| Total | 18.8 | 16.9 | 25.5 | 21.0 | 3.8% |
Top Suppliers of Apples, Pears and Quinces; Fresh to Panama in 2022:
- Chile (6.9K tons)
- United States (3.5K tons)
- Italy (1.8K tons)
- France (1.5K tons)
- Argentina (0.7K tons)
- Spain (0.4K tons)
- Portugal (0.3K tons)
Exports of Apples, Pears and Quinces; Fresh in Panama
In 2022, the amount of apples, pears and quinces; freshes exported from Panama surged to 54 tons, rising by 156% against 2021. Overall, exports, however, showed a abrupt contraction.
In value terms, apples, pears and quinces; fresh exports skyrocketed to $63K in 2022. Over the period under review, exports, however, recorded a abrupt slump.
| Export of Apples, Pears and Quinces; Fresh in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 50.8 | 1.9 | 1.7 | 43.8 | -4.8% |
| France | 29.4 | 1.0 | 0.8 | 18.9 | -13.7% |
| Italy | N/A | 48.6 | N/A | N/A | 0% |
| Others | N/A | 48.5 | 23.0 | N/A | -52.6% |
| Total | 80.2 | 100 | 25.6 | 62.8 | -7.8% |
Top Export Markets for Apples, Pears and Quinces; Fresh from Panama in 2022:
- France (29.2 tons)
- Germany (25.1 tons)
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