Price for Fish; Live, Ornamental, Other than Freshwater in Panama - 2023
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in Panama (CIF) - 2022
- Price for Fish; Live, Ornamental, Other than Freshwater in Panama (FOB) - 2022
- Imports of Fish; Live, Ornamental, Other than Freshwater in Panama
- Exports of Fish; Live, Ornamental, Other than Freshwater in Panama
Price for Fish; Live, Ornamental, Other than Freshwater in Panama (CIF) - 2022
In 2022, the average import price for fish; live, ornamental, other than freshwater amounted to $73,121 per ton, with an increase of 154% against the previous year. Over the period under review, the import price saw a significant increase. As a result, import price reached 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 Mexico ($86,508 per ton), while the price for Ecuador ($15,462 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.7%).
Price for Fish; Live, Ornamental, Other than Freshwater in Panama (FOB) - 2022
In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $68,052 per ton, with a decrease of -3.4% against the previous year. Over the last two years, it increased at an average annual rate of +14.2%. The most prominent rate of growth was recorded in 2021 an increase of 35%. As a result, the export price attained the peak level of $70,435 per ton, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2020 to 2022, the rate of growth in terms of prices for the United States amounted to +14.3% per year.
Imports of Fish; Live, Ornamental, Other than Freshwater in Panama
In 2022, imports of fish; live, ornamental, other than freshwater into Panama soared to 11 tons, surging by 516% on the year before. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish; live, ornamental, other than freshwater soared to $795K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish; Live, Ornamental, Other than Freshwater in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | N/A | 696 | 0% |
| United States | 18.6 | 14.0 | 50.7 | 81.8 | 63.8% |
| Ecuador | N/A | N/A | N/A | 17.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.6 | 14.0 | 50.7 | 795 | 249.6% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Panama in 2022:
- Mexico (8.0 tons)
- United States (1.7 tons)
- Ecuador (1.1 tons)
Exports of Fish; Live, Ornamental, Other than Freshwater in Panama
After two years of growth, shipments abroad of fish; live, ornamental, other than freshwater decreased by -42.9% to 252 kg in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 611% against the previous year. As a result, the exports reached the peak of 441 kg, and then shrank dramatically in the following year.
In value terms, exports of fish; live, ornamental, other than freshwater fell remarkably to $17K in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 860%. As a result, the exports attained the peak of $31K, and then contracted notably in the following year.
| Export of Fish; Live, Ornamental, Other than Freshwater in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 3.2 | 31.1 | 17.1 | 131.2% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 3.2 | 31.1 | 17.1 | 131.2% | |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Panama in 2022:
- United States (251.0 kg)
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