Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Panama - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama (CIF) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama (CIF) - 2022
In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $4,973 per ton, rising by 33% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +6.0%. As a result, import price attained the peak level 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 Spain ($7,956 per ton), while the price for China ($3,540 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama
For the third consecutive year, Panama recorded decline in purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, which decreased by -76.6% to 12 tons in 2022. Over the period under review, imports faced a sharp slump. The smallest decline of -22.8% was in 2020.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s declined notably to $62K in 2022. Overall, imports showed a dramatic slump. The smallest decline of -26.1% was in 2020.
Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 25.5 | 23.6 | 14.5 | 28.6 | 3.9% |
China | 459 | 325 | 154 | 28.3 | -60.5% |
Indonesia | 4.6 | 3.0 | 3.8 | 3.3 | -10.5% |
United States | 24.8 | 17.8 | 9.8 | 1.0 | -65.7% |
Thailand | 27.0 | 23.3 | 12.2 | N/A | -32.8% |
Others | 26.5 | 26.6 | 6.4 | 0.9 | -67.6% |
Total | 567 | 419 | 201 | 62.1 | -52.2% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Panama in 2022:
- China (8.0 tons)
- Spain (3.6 tons)
- Indonesia (0.4 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Panama.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Panama.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.