Price for Flour, Meal, and Flakes of Potatoes in Panama - 2023

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Panama (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Panama (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Panama
4. Exports of Flour, Meal, and Flakes of Potatoes in Panama

Price for Flour, Meal, and Flakes of Potatoes in Panama (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $2,872 per ton in 2022, falling by -9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 17%. As a result, import price attained the peak level of $3,186 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,277 per ton), while the price for Belgium amounted to $2,213 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour, Meal, and Flakes of Potatoes in Panama (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $2,745 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. As a result, the export price reached the peak level of $6,575 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bahamas.

From 2015 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +6.9% per year.

Imports of Flour, Meal, and Flakes of Potatoes in Panama

In 2022, the amount of flour, meal, and flakes of potatoeses imported into Panama dropped modestly to 51 tons, which is down by -3.4% against the previous year. Overall, imports showed a abrupt decrease.

In value terms, imports of flour, meal, and flakes of potatoeses dropped to $146K in 2022. In general, imports continue to indicate a abrupt decline.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Panama in 2022:

1. United States (31.1 tons)
2. Belgium (19.2 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Panama

Exports of flour, meal, and flakes of potatoeses from Panama amounted to 612 kg in 2022, standing approx. at 2021 figures. In general, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of flour, meal, and flakes of potatoeses stood at $1.7K in 2022. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Panama in 2022:

1. Bahamas (611.0 kg)

Source: IndexBox Market Intelligence Platform