Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Panama - 2024
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Panama (CIF) - 2024
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Panama
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Panama (CIF) - 2024
In July 2023, the average import price for nuts, edible; almonds, fresh or dried, shelleds amounted to $8,306 per ton, picking up by 15% against the previous month. Over the period under review, the import price, however, saw a noticeable reduction. Over the period under review, average import prices hit record highs at $9,498 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Chile ($9,059 per ton), while the price for the United States stood at $8,163 per ton.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.7%).
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Panama
In 2022, overseas purchases of nuts, edible; almonds, fresh or dried, shelleds decreased by -20.2% to 291 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 365 tons, and then contracted markedly in the following year.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds fell to $2.6M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of $2.9M, and then dropped in the following year.
| Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,860 | 2,107 | 2,675 | 2,457 | 9.7% |
| Ecuador | N/A | 8.3 | 59.3 | 91.4 | 231.8% |
| Chile | N/A | 46.0 | 71.6 | 76.8 | 29.2% |
| Others | 96.3 | 31.7 | 59.8 | 1.3 | -76.2% |
| Total | 1,956 | 2,193 | 2,865 | 2,626 | 10.3% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Panama in 2022:
- United States (277.8 tons)
- Chile (8.0 tons)
- Ecuador (5.4 tons)
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