Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Panama - 2023
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Panama (CIF) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Panama
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Panama (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $5,175 per ton, with a decrease of -9.8% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for edible products of animal origin; not elsewhere specified or includeds increased by +84.4% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 58% against the previous year. The import price peaked at $5,737 per ton in 2021, and then dropped in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,545 per ton), while the price for the United States totaled $5,112 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%).
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Panama
In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds imported into Panama contracted notably to 43 tons, which is down by -56.8% against the previous year. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 170% against the previous year. As a result, imports attained the peak of 99 tons, and then fell dramatically in the following year.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds reduced rapidly to $221K in 2022. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 249%. As a result, imports attained the peak of $567K, and then declined significantly in the following year.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 157 | 144 | 553 | 210 | 10.2% |
| China | 2.0 | 15.7 | 9.3 | 8.4 | 61.3% |
| Others | 4.1 | 2.3 | 4.5 | 2.3 | -17.5% |
| Total | 163 | 162 | 567 | 221 | 10.7% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Panama in 2022:
- United States (41.1 tons)
- China (1.3 tons)
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