Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama (CIF) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama (CIF) - 2022
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $986 per ton in 2022, increasing by 36% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,053 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,110 per ton), while the price for Canada totaled $893 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.7%).
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama (FOB) - 2022
The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $737 per ton in 2022, with a decrease of -3.7% against the previous year. Overall, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 219%. As a result, the export price attained the peak level of $765 per ton, and then shrank slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Aruba ($2,768 per ton), while the average price for exports to France ($294 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 Aruba (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama
In 2022, purchases abroad of vegetables; potatoes (other than seed), fresh or chilleds decreased by -65.1% to 1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds declined dramatically to $1M in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 62%.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 50.5 | 622 | 775 | 532 | 119.2% |
| United States | 885 | 924 | 1,350 | 493 | -17.7% |
| Others | 72.5 | 85.2 | 37.6 | N/A | -28.0% |
| Total | 1,008 | 1,631 | 2,163 | 1,025 | 0.6% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Panama in 2022:
- Canada (595.7 tons)
- United States (444.3 tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama
For the third consecutive year, Panama recorded decline in overseas shipments of vegetables; potatoes (other than seed), fresh or chilleds, which decreased by -56.3% to 2.2 tons in 2022. Overall, exports showed a significant decrease. The smallest decline of -23.2% was in 2020.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds reduced remarkably to $1.6K in 2022. In general, exports continue to indicate a dramatic decline. The smallest decline of -35.8% was in 2020.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 6.9 | 5.1 | 1.3 | 1.0 | -47.5% |
| Bahrain | 4.4 | 2.7 | 0.6 | 0.4 | -55.0% |
| France | 2.2 | 1.3 | 0.3 | 0.2 | -55.0% |
| Others | 0.8 | N/A | 1.6 | 0.1 | -50.0% |
| Total | 14.3 | 9.2 | 3.8 | 1.6 | -51.8% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Panama in 2022:
- Bahrain (1200.0 kg)
- France (599.0 kg)
- Aruba (353.0 kg)
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