Price for Smoked Fish, Incl. Fillets in Panama - 2024

Contents:

  1. Price for Smoked Fish, Incl. Fillets in Panama (FOB) - 2022
  2. Price for Smoked Fish, Incl. Fillets in Panama (CIF) - 2022
  3. Exports of Smoked Fish, Incl. Fillets in Panama
  4. Imports of Smoked Fish, Incl. Fillets in Panama

Price for Smoked Fish, Incl. Fillets in Panama (FOB) - 2022

The average smoked fish, incl. fillets export price stood at $5,778 per ton in 2022, falling by -57.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 46% against the previous year. As a result, the export price attained the peak level of $20,258 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($8,695 per ton), while the average price for exports to Suriname ($4,308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Smoked Fish, Incl. Fillets in Panama (CIF) - 2022

In 2022, the average smoked fish, incl. fillets import price amounted to $6,818 per ton, waning by -4.7% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. The import price peaked at $23,945 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($10,156 per ton), while the price for Turkey ($6,359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Smoked Fish, Incl. Fillets in Panama

In 2022, overseas shipments of smoked fish, incl. fillets were finally on the rise to reach 2.7 tons after two years of decline. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, smoked fish, incl. fillets exports surged to $15K in 2022. In general, exports, however, saw a noticeable downturn.

Export of Smoked Fish, Incl. Fillets in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SurinameN/AN/AN/A7.30%
Guatemala7.31.76.64.8-13.0%
Barbados0.80.70.63.258.7%
Colombia4.6N/AN/AN/A0%
Aruba5.15.6N/AN/A9.8%
OthersN/AN/AN/A0.10%
Total17.98.07.215.4-4.9%

Top Export Markets for Smoked Fish, Incl. Fillets from Panama in 2022:

  1. Suriname (1694.0 kg)
  2. Guatemala (550.0 kg)
  3. Barbados (417.0 kg)

Imports of Smoked Fish, Incl. Fillets in Panama

In 2022, approx. 577 kg of smoked fish, incl. fillets were imported into Panama; rising by 59% compared with 2021. Overall, imports, however, faced a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 74%.

In value terms, smoked fish, incl. fillets imports soared to $3.9K in 2022. In general, imports, however, showed a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 105% against the previous year.

Import of Smoked Fish, Incl. Fillets in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.91.00.13.252.6%
Brazil0.10.2N/A0.791.3%
Ukraine0.10.1N/A0.10.0%
Colombia4.2N/AN/AN/A0%
United KingdomN/AN/A2.5N/A0%
Germany1.0N/AN/AN/A0%
United States10.8N/AN/AN/A0%
Netherlands0.5N/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total17.61.32.63.9-39.5%

Top Suppliers of Smoked Fish, Incl. Fillets to Panama in 2022:

  1. Turkey (502.0 kg)
  2. Brazil (64.0 kg)
  3. Ukraine (11.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish; smoked (whether or not cooked before or during the smoking process), n.e.s. in item no. 0305.4 (including fillets) - Panama