Spices; Mixtures Price in Panama - 2023
Contents:
Spices; Mixtures Price in Panama (CIF) - 2022
In 2022, the average spices; mixtures import price amounted to $4,119 per ton, shrinking by -15.7% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 55% against the previous year. The import price peaked at $6,224 per ton in 2017; however, from 2018 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 Spain ($13,170 per ton), while the price for China ($2,052 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Imports in Panama
Spices; mixtures imports into Panama dropped remarkably to 10 tons in 2022, shrinking by -35.6% on the year before. Over the period under review, imports faced a sharp decrease. The smallest decline of -10.3% was in 2021.
In value terms, spices; mixtures imports reduced markedly to $43K in 2022. Overall, imports faced a sharp shrinkage. The smallest decline of -9.1% was in 2021.
| Import of Spices; Mixtures in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 31.1 | 47.9 | 34.4 | 12.6 | -26.0% |
| Vietnam | N/A | 0.1 | N/A | 10.7 | 934.4% |
| China | 1.9 | 1.0 | 3.5 | 6.3 | 49.1% |
| Spain | 5.1 | 7.9 | 5.8 | 5.9 | 5.0% |
| Turkey | 2.3 | 4.8 | 4.5 | 3.2 | 11.6% |
| Taiwan (Chinese) | N/A | N/A | N/A | 2.4 | 0% |
| India | 36.2 | 0.3 | 23.7 | 1.0 | -69.8% |
| Hong Kong SAR | 1.8 | N/A | 1.1 | 1.0 | -17.8% |
| Free Zones | 3.8 | 4.7 | 6.2 | N/A | 27.7% |
| South Korea | 22.6 | N/A | N/A | N/A | 0% |
| Chile | N/A | 12.2 | N/A | N/A | 0% |
| Lebanon | 3.4 | 1.4 | N/A | N/A | -58.8% |
| Others | N/A | 7.0 | N/A | N/A | 0% |
| Total | 108 | 87.3 | 79.3 | 43.1 | -26.4% |
Top Suppliers of Spices; Mixtures to Panama in 2022:
- China (3.1 tons)
- Vietnam (3.0 tons)
- United States (2.3 tons)
- Taiwan (Chinese) (0.8 tons)
- Hong Kong SAR (0.4 tons)
- Spain (0.4 tons)
- Turkey (0.3 tons)
- India (0.1 tons)
266
This report provides an in-depth analysis of the ginger market in Panama.
126
This report provides an in-depth analysis of the market for spices except pepper or ginger in Panama.
148
This report provides an in-depth analysis of the market for dog and cat food in Panama.
164
This report provides an in-depth analysis of the apricot market in Panama.
191
This report provides an in-depth analysis of the virgin olive oil market in Panama.
160
This report provides an in-depth analysis of the paint and varnish market in Panama.
228
This report provides an in-depth analysis of the olive oil market in Panama.
50
This report provides an in-depth analysis of the encased lead pencil market in Panama.
172
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Panama.
96
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Panama.
1463
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1171
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
837
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
8108
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8732
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1429
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
8045
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
12258
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1735
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3529
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
