Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Panama - 2022

Contents:

  1. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Panama (CIF) - 2022
  2. Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Panama

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Panama (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $7,815 per ton, with an increase of 3.1% against the previous year. In general, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2018 an increase of 72% against the previous year. Over the period under review, average import prices reached the peak figure at $8,844 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($12,226 per ton), while the price for Ukraine ($2,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+29.8%), while the prices for the other major suppliers experienced a decline.

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Panama

In 2022, approx. 238 kg of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses were imported into Panama; with a decrease of -26.1% against 2021 figures. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of 322 kg, and then declined notably in the following year.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses shrank notably to $1.9K in 2022. Over the period under review, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 91%. As a result, imports reached the peak of $2.4K, and then contracted significantly in the following year.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4505691,5671,19638.5%
Turkey31238058647415.0%
Ukraine230228287190-6.2%
Bahrain597N/AN/AN/A0%
Others512103N/AN/A-79.9%
Total2,1011,2802,4401,860-4.0%

Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Panama in 2022:

  1. Brazil (98.0 kg)
  2. Ukraine (72.0 kg)
  3. Turkey (68.0 kg)

Source: IndexBox Market Intelligence Platform

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