Price for Frozen Cuts and Edible Offal of Domestic Ducks in Panama - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Panama (CIF) - 2022
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Panama
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Panama (CIF) - 2022
The average import price for frozen cuts and edible offal of domestic duckses stood at $25,467 per ton in 2022, increasing by 23% against the previous year. In general, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for Brazil amounted to +26.6% per year.
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Panama
In 2022, supplies from abroad of frozen cuts and edible offal of domestic duckses decreased by -10.4% to 1.2 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 0.6%. As a result, imports reached the peak of 1.6 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of frozen cuts and edible offal of domestic duckses rose markedly to $31K in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.3 | 27.3 | 26.0 | 30.9 | 8.3% |
| Taiwan (Chinese) | N/A | 0.8 | N/A | N/A | 0% |
| Brazil | 1.3 | 1.5 | 0.7 | N/A | -26.6% |
| Others | 1.6 | 0.9 | 1.3 | N/A | -9.9% |
| Total | 27.2 | 30.6 | 28.0 | 30.9 | 4.3% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Panama in 2022:
- United States (1.2 tons)
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