Price for Cereals; Oats, Other than Seed in Panama - 2024
Contents:
- Price for Cereals; Oats, Other than Seed in Panama (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Panama
Price for Cereals; Oats, Other than Seed in Panama (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $598 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, import price indicated a modest expansion from 2013 to 2022: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; oats, other than seed import price increased by +72.0% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($651 per ton), while the price for the United States ($298 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Panama
Cereals; oats, other than seed imports into Panama skyrocketed to 772 tons in 2022, growing by 54% compared with 2021. Over the period under review, imports, however, saw a noticeable decrease.
In value terms, cereals; oats, other than seed imports soared to $462K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cereals; Oats, Other than Seed in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 262 | 290 | 159 | 261 | -0.1% |
Argentina | N/A | 27.9 | 20.6 | 140 | 124.0% |
Canada | 34.6 | 42.2 | 28.7 | 59.3 | 19.7% |
United States | 6.6 | 41.0 | 50.4 | 0.5 | -57.7% |
Others | 2.7 | 1.2 | 0.3 | 0.5 | -43.0% |
Total | 306 | 403 | 259 | 462 | 14.7% |
Top Suppliers of Cereals; Oats, Other than Seed to Panama in 2022:
- Chile (425.5 tons)
- Argentina (215.1 tons)
- Canada (129.8 tons)
- United States (1.7 tons)
This report provides an in-depth analysis of the oat market in Panama.
This report provides an in-depth analysis of the grain market in Panama.
This report provides an in-depth analysis of the global oat market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the oat market in Panama.
This report provides an in-depth analysis of the global oat market.
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