Price for Insects; Live, Other than Bees in Panama - 2022
Contents:
- Price for Insects; Live, Other than Bees in Panama (CIF) - 2022
- Imports of Insects; Live, Other than Bees in Panama
Price for Insects; Live, Other than Bees in Panama (CIF) - 2022
The average import price for insects; live, other than beeses stood at $0.1 per thousand units in 2022, growing by 8.5% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of 71%. Over the period under review, average import prices reached the peak figure at $0.1 per thousand units in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($0.1 per thousand units), while the price for Costa Rica totaled $0.1 per thousand units.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.4%).
Imports of Insects; Live, Other than Bees in Panama
In 2022, the amount of insects; live, other than beeses imported into Panama skyrocketed to 264M units, picking up by 235% on 2021. Overall, imports, however, saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 3,527%. Imports peaked at 610M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, insects; live, other than bees imports surged to $26K in 2022. In general, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 6,098% against the previous year. Over the period under review, imports hit record highs at $49K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Insects; Live, Other than Bees in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 43.9 | N/A | 6.3 | 24.4 | -17.8% |
| Ecuador | N/A | N/A | N/A | 1.3 | 0% |
| Guatemala | N/A | N/A | 0.8 | N/A | 0% |
| Others | 5.1 | 0.1 | N/A | N/A | -98.0% |
| Total | 49.0 | 0.1 | 7.1 | 25.7 | -19.4% |
Top Suppliers of Insects; Live, Other than Bees to Panama in 2022:
- Costa Rica (254.5M units)
- Ecuador (9.7M units)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
