Price for Mollusc Preparations; Oysters, Prepared or Preserved in Panama - 2023
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Panama (CIF) - 2022
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Panama
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Panama (CIF) - 2022
In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $7,478 per ton, picking up by 40% against the previous year. Overall, import price indicated a prominent increase from 2017 to 2022: its price increased at an average annual rate of +11.8% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; oysters, prepared or preserveds increased by +75.0% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($7,604 per ton), while the price for China stood at $5,080 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Panama
In 2022, purchases abroad of mollusc preparations; oysters, prepared or preserveds decreased by -15.3% to 502 kg, falling for the second consecutive year after two years of growth. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 63% against the previous year. As a result, imports reached the peak of 673 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds soared to $3.8K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year. As a result, imports reached the peak of $3.9K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 3.5 | 2.4 | 3.6 | 23.7% |
| China | 0.3 | 0.2 | 0.4 | 0.1 | -30.7% |
| Brazil | N/A | 0.2 | 0.3 | N/A | 50.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.2 | 3.9 | 3.2 | 3.8 | 20.0% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Panama in 2022:
- United States (477.0 kg)
- China (25.0 kg)
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