Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Panama - 2022

Contents:

  1. Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Panama (CIF) - 2022
  2. Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Panama

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Panama (CIF) - 2022

In 2022, the average import price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $4,495 per ton, with a decrease of -10% against the previous year. Over the period under review, the import price showed a dramatic setback. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. As a result, import price attained the peak level of $131,000 per ton. From 2015 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 Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -24.1% per year.

Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Panama

In 2022, overseas purchases of aquatic invertebrates; sea urchins, prepared or preserveds decreased by -26.4% to 184 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of 250 kg, and then reduced remarkably in the following year.

In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds contracted rapidly to $827 in 2022. Over the period under review, imports showed a sharp decrease. The smallest decline of -18.6% was in 2020.

Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.91.51.20.8-25.0%
OthersN/AN/AN/AN/A0%
Total1.91.51.20.8-25.0%

Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to Panama in 2022:

  1. Spain (184.0 kg)

Source: IndexBox Market Intelligence Platform

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