Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama - 2023
Contents:
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama (CIF) - 2022
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama (FOB) - 2022
- Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama
- Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama (CIF) - 2022
In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $1,134 per ton, waning by -68% against the previous year. Over the period under review, the import price saw a abrupt downturn. The growth pace was the most rapid in 2015 when the average import price increased by 105% against the previous year. Over the period under review, average import prices reached the peak figure at $6,405 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($2,172 per ton), while the price for Thailand ($537 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama (FOB) - 2022
The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $2,808 per ton in 2022, leveling off at the previous year. Overall, the export price saw a pronounced decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 3.1%. Over the period under review, the average export prices attained the maximum at $3,574 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Uruguay.
From 2013 to 2022, the rate of growth in terms of prices for Uruguay amounted to -2.6% per year.
Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama
In 2022, approx. 46 tons of flour and meal; of sago, roots or tubers of heading no. 0714 were imported into Panama; growing by 2,018% on 2021 figures. In general, imports showed 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 flour and meal; of sago, roots or tubers of heading no. 0714 surged to $52K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | N/A | 43.3 | 0% |
| Costa Rica | 0.4 | 0.4 | 0.2 | 2.7 | 89.0% |
| Hong Kong SAR | 0.9 | 0.8 | 0.2 | 2.4 | 38.7% |
| Thailand | 0.5 | 0.1 | N/A | 1.9 | 56.0% |
| United States | 2.7 | 1.4 | 0.2 | 1.0 | -28.2% |
| Free Zones | 37.8 | 19.3 | 6.1 | N/A | -59.8% |
| Peru | 5.5 | 10.8 | 0.1 | N/A | -86.5% |
| Brazil | 1.0 | 1.0 | 0.3 | N/A | -45.2% |
| Others | 2.5 | 1.2 | 0.6 | 0.5 | -41.5% |
| Total | 51.3 | 35.0 | 7.6 | 51.7 | 0.3% |
Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Panama in 2022:
- Nicaragua (39.5 tons)
- Thailand (3.5 tons)
- Costa Rica (1.2 tons)
- Hong Kong SAR (0.7 tons)
- United States (0.5 tons)
Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama
In 2022, shipments abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by 0% to 3.7 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,020%. As a result, the exports reached the peak of 7.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 stood at $10K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,087% against the previous year. As a result, the exports reached the peak of $21K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 0.9 | 20.7 | N/A | 10.3 | 125.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | 20.7 | N/A | 10.3 | 125.4% |
Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Panama in 2022:
- Uruguay (3.7 tons)
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