Panama - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Price in Panama - 2022
Contents:
- Tomato Price in Panama (CIF) - 2022
- Tomato Price in Panama (FOB) - 2022
- Tomato Imports in Panama
- Tomato Exports in Panama
Tomato Price in Panama (CIF) - 2022
The average tomato import price stood at $1,606 per ton in 2022, with an increase of 39% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 72% against the previous year. As a result, import price reached the peak level of $2,180 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +4.3% per year.
Tomato Price in Panama (FOB) - 2022
In 2022, the average tomato export price amounted to $2,628 per ton, surging by 9.1% against the previous year. Over the period under review, the export price enjoyed a perceptible increase. The growth pace was the most rapid in 2020 when the average export price increased by 115%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +8.7% per year.
Tomato Imports in Panama
In 2022, supplies from abroad of tomatoes decreased by -68.5% to 17 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of 58 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, tomato imports declined sharply to $28K in 2022. In general, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports attained the peak of $80K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Tomato in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.4 | 19.5 | 22.0 | 28.0 | 49.4% |
Vietnam | 0.9 | 1.3 | 1.6 | N/A | 33.3% |
Guatemala | 3.6 | 2.8 | 2.0 | N/A | -25.5% |
Costa Rica | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Mexico | 13.9 | 24.1 | 6.2 | N/A | -33.2% |
Brazil | 27.3 | 29.6 | 30.2 | N/A | 5.2% |
Others | 1.3 | 2.1 | 2.0 | N/A | 24.0% |
Total | 55.4 | 79.5 | 64.0 | 28.0 | -20.3% |
Top Suppliers of Tomato to Panama in 2022:
- United States (17.4 tons)
Tomato Exports in Panama
In 2022, approx. 3.1 tons of tomatoes were exported from Panama; jumping by 29% against the previous year's figure. Overall, exports continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 728%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, tomato exports soared to $8.1K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 828% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Tomato in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | N/A | N/A | 3.3 | 1.0 | -69.7% |
Slovakia | 1.4 | N/A | N/A | N/A | 0% |
Aruba | 1.4 | 0.5 | 2.5 | N/A | 33.6% |
Others | N/A | 0.1 | N/A | 7.1 | 742.6% |
Total | 2.9 | 0.6 | 5.7 | 8.1 | 40.8% |
Top Export Markets for Tomato from Panama in 2022:
- Costa Rica (0.8 tons)
This report provides an in-depth analysis of the tomato market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 388 - Tomatoes, fresh
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tomato market in Panama.
This report provides an in-depth analysis of the global tomato market.
This report provides an in-depth analysis of the tomato market in Panama.
This report provides an in-depth analysis of the global tomato market.
Discover the latest market trends for tomatoes with a forecasted increase in consumption over the next seven years. Market performance is expected to accelerate, reaching 217M tons by 2030 with a value of $318.5B.
Explore the world's best import markets for tomatoes and discover key statistics and insights. Germany, the United States, France, and more lead the way in tomato imports.
Discover the top import markets for tomatoes and their key statistics, with Germany leading the way followed by the United States, France, the United Kingdom, and Russia.
The global tomato market revenue amounted to $190.4B in 2018, rising by 6.5% against the previous year. This figure...
The global tomato market revenue amounted to $X in 2017, surging by X% against the previous year. This figure reflects...
In value terms, prepared and preserved tomatoes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, prepared and preserved tomatoes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern ...
Global tomato consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the tomato output was China (X thousand tons), accounting for X% of global production.
The Netherlands dominates in the global tomato trade. In 2014, the Netherlands exported X million tons of tomato totaling X billion USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total tomato