Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Panama - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Panama (CIF) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Panama
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Panama (CIF) - 2022
In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $718 per ton, surging by 23% against the previous year. Overall, the import price enjoyed a notable expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 179%. Over the period under review, average import prices attained the peak figure at $2,107 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +3.8% per year.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Panama
In 2022, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -99% to 471 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 31%. As a result, imports reached the peak of 140 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) dropped rapidly to $338 in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, imports reached the peak of $70K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 10.9 | 0.5 | 0.3 | -57.8% |
| Costa Rica | 49.5 | 58.0 | 25.8 | N/A | -27.8% |
| Ukraine | 0.3 | 0.8 | 0.4 | N/A | 15.5% |
| Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Total | 53.9 | 70.0 | 26.9 | 0.3 | -82.3% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Panama in 2022:
- United States (471.0 kg)
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