Panama - Dog And Cat Food - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Dog and Cat Food in Panama - 2023
Contents:
- Price for Dog and Cat Food in Panama (CIF) - 2023
- Price for Dog and Cat Food in Panama (FOB) - 2022
- Imports of Dog and Cat Food in Panama
- Exports of Dog and Cat Food in Panama
Price for Dog and Cat Food in Panama (CIF) - 2023
In September 2023, the average dog and cat food import price amounted to $1,747 per ton, with an increase of 6.2% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 8.2% month-to-month. Over the period under review, average import prices reached the peak figure at $1,951 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($3,273 per ton), while the price for Colombia ($1,101 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dog and Cat Food in Panama (FOB) - 2022
In 2022, the average dog and cat food export price amounted to $1,970 per ton, approximately mirroring the previous year. Overall, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 12% against the previous year. The export price peaked at $6,954 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($1,996 per ton), while the average price for exports to Venezuela ($1,924 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (-9.6%), while the prices for the other major destinations experienced a decline.
Imports of Dog and Cat Food in Panama
In 2022, supplies from abroad of dog and cat food decreased by -3.7% to 50K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 52K tons, and then fell slightly in the following year.
In value terms, dog and cat food imports stood at $81M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Dog and Cat Food in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 14.4 | 15.2 | 20.2 | 21.3 | 13.9% |
Mexico | 8.3 | 9.8 | 15.4 | 21.0 | 36.3% |
United States | 17.1 | 16.2 | 20.8 | 19.0 | 3.6% |
Costa Rica | 4.5 | 3.9 | 5.6 | 5.1 | 4.3% |
Chile | 1.3 | 1.5 | 2.6 | 3.2 | 35.0% |
Guatemala | 0.5 | 1.2 | 2.5 | 2.9 | 79.7% |
Colombia | 1.9 | 2.3 | 2.5 | 2.8 | 13.8% |
France | 1.6 | 1.7 | 2.6 | 2.8 | 20.5% |
Brazil | 1.0 | 1.2 | 1.7 | 1.0 | 0.0% |
Others | 1.0 | 1.3 | 1.8 | 1.8 | 21.6% |
Total | 51.8 | 54.4 | 75.6 | 80.8 | 16.0% |
Top Suppliers of Dog and Cat Food to Panama in 2022:
- Honduras (16.5K tons)
- Mexico (11.7K tons)
- United States (7.8K tons)
- Costa Rica (4.5K tons)
- Guatemala (2.5K tons)
- Chile (2.4K tons)
- Colombia (2.3K tons)
- Brazil (0.9K tons)
- France (0.9K tons)
Exports of Dog and Cat Food in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of dog and cat food, which decreased by 0% to 6 tons in 2022. Over the period under review, exports faced a sharp decline. The smallest decline of -90.3% was in 2020.
In value terms, dog and cat food exports amounted to $12K in 2022. Overall, exports recorded a sharp reduction. The smallest decline of -89.1% was in 2020.
Export of Dog and Cat Food in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 0.2 | 5.2 | N/A | 4.2 | 175.9% |
Honduras | 1.7 | 8.4 | N/A | 3.8 | 30.8% |
Colombia | 0.1 | 8.3 | N/A | 3.7 | 233.2% |
Dominican Republic | 4.3 | N/A | N/A | N/A | 0% |
Nicaragua | 138 | 0.4 | N/A | N/A | -99.7% |
Haiti | 4.8 | N/A | N/A | N/A | 0% |
Costa Rica | 15.5 | N/A | N/A | N/A | 0% |
El Salvador | 27.0 | N/A | N/A | N/A | 0% |
Jamaica | 18.2 | N/A | N/A | N/A | 0% |
Others | 5.3 | 1.3 | N/A | 0.1 | -73.4% |
Total | 215 | 23.5 | N/A | 11.8 | -62.0% |
Top Export Markets for Dog and Cat Food from Panama in 2022:
- Venezuela (2.2 tons)
- Honduras (1.9 tons)
- Colombia (1.9 tons)
This report provides an in-depth analysis of the market for dog and cat food in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10921030 - Dog or cat food, p.r.s.
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for dog and cat food in Panama.
This report provides an in-depth analysis of the market for preparations for animal feeding in Panama.
This report provides an in-depth analysis of the animal feed market in Panama.
This report provides an in-depth analysis of the global market for dog and cat food.
This report provides an in-depth analysis of the global market for preparations for animal feeding.
This report provides an in-depth analysis of the global animal feed market.
This report provides an in-depth analysis of the market for dog and cat food in Panama.
This report provides an in-depth analysis of the market for preparations for animal feeding in Panama.
This report provides an in-depth analysis of the animal feed market in Panama.
This report provides an in-depth analysis of the global market for dog and cat food.
Explore the top import markets for dog and cat food worldwide and discover key statistics and data from the IndexBox market intelligence platform.
Explore the top import markets for preparations for animal feeding including Germany, the United States, the United Kingdom, and more. Learn about the key players driving the global market for animal feed.
In 2016, the global imports of animal feed amounted to X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the forecasted trends and growth patterns in the global animal and pet feed market from 2023 to 2030. Learn about the projected increase in market volume and value, as well as key statistics on consumption, production, imports, and exports.
Explore the top import markets for animal feed in 2023 and discover key statistics and trends driving the global demand for feed products.
Explore the top import markets for dog and cat food worldwide and discover key statistics and data from the IndexBox market intelligence platform.
Explore the top import markets for preparations for animal feeding including Germany, the United States, the United Kingdom, and more. Learn about the key players driving the global market for animal feed.
In 2016, the global imports of animal feed amounted to X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the forecasted trends and growth patterns in the global animal and pet feed market from 2023 to 2030. Learn about the projected increase in market volume and value, as well as key statistics on consumption, production, imports, and exports.
Explore the top import markets for animal feed in 2023 and discover key statistics and trends driving the global demand for feed products.