Panama - Wine Of Fresh Grapes (Except Sparkling Wine) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wine of Fresh Grapes in Panama - 2023
Contents:
- Price for Wine of Fresh Grapes in Panama (CIF) - 2023
- Price for Wine of Fresh Grapes in Panama (FOB) - 2022
- Imports of Wine of Fresh Grapes in Panama
- Exports of Wine of Fresh Grapes in Panama
Price for Wine of Fresh Grapes in Panama (CIF) - 2023
In July 2023, the average wine of fresh grapes import price amounted to $4.5 per litre, with an increase of 3.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 51% m-o-m. Over the period under review, average import prices hit record highs at $5.9 per litre in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($9.0 per litre), while the price for Chile ($2.7 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine of Fresh Grapes in Panama (FOB) - 2022
In 2022, the average wine of fresh grapes export price amounted to $9.2 per litre, with an increase of 41% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 91% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
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 Switzerland ($28 per litre), while the average price for exports to Jamaica ($2.1 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wine of Fresh Grapes in Panama
In 2022, approx. 5.2M litres of wine of fresh grapes (except sparkling wine) were imported into Panama; remaining relatively unchanged against the year before. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 5.2M litres, leveling off in the following year.
In value terms, wine of fresh grapes imports stood at $25M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Wine of Fresh Grapes in Panama (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 7.1 | 5.7 | 6.0 | 6.4 | -3.4% |
Spain | 4.5 | 3.8 | 5.3 | 5.7 | 8.2% |
United States | 3.4 | 3.4 | 3.9 | 3.8 | 3.8% |
Argentina | 0.6 | 0.5 | 1.7 | 3.4 | 78.3% |
Italy | 1.6 | 1.4 | 2.7 | 2.3 | 12.9% |
France | 0.8 | 0.6 | 1.1 | 1.2 | 14.5% |
Free Zones | 3.0 | 2.2 | 3.1 | 0.5 | -45.0% |
Others | 0.6 | 0.4 | 0.4 | 1.2 | 26.0% |
Total | 21.6 | 18.1 | 24.3 | 24.6 | 4.4% |
Top Suppliers of Wine of Fresh Grapes to Panama in 2022:
- Chile (2221.6K litres)
- Spain (955.5K litres)
- United States (529.5K litres)
- Argentina (511.9K litres)
- Italy (486.5K litres)
- France (156.9K litres)
- Free Zones (86.8K litres)
Exports of Wine of Fresh Grapes in Panama
Wine of fresh grapes exports from Panama reduced markedly to 83K litres in 2022, which is down by -79.4% compared with the previous year's figure. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 279%. As a result, the exports reached the peak of 401K litres, and then shrank notably in the following year.
In value terms, wine of fresh grapes exports contracted remarkably to $757K in 2022. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 586% against the previous year. As a result, the exports attained the peak of $2.6M, and then declined dramatically in the following year.
Export of Wine of Fresh Grapes in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 640 | 58.7 | 596 | 316 | -21.0% |
Costa Rica | 17.5 | 0.9 | 77.0 | 210 | 128.9% |
Belize | 66.8 | 52.8 | 158 | 92.6 | 11.5% |
Grenada | 57.3 | 59.8 | 16.8 | 31.7 | -17.9% |
Aruba | 10.2 | 36.6 | 46.7 | 25.1 | 35.0% |
Singapore | 0.7 | N/A | 21.8 | 22.2 | 216.5% |
Jamaica | 32.1 | N/A | 17.7 | 15.7 | -21.2% |
Guatemala | 104 | 47.1 | 49.7 | 8.6 | -56.4% |
Angola | N/A | N/A | 19.2 | N/A | 0% |
Honduras | 138 | 53.7 | 138 | N/A | 0.0% |
Others | 18.2 | 71.7 | 1,472 | 34.5 | 23.8% |
Total | 1,086 | 381 | 2,614 | 757 | -11.3% |
Top Export Markets for Wine of Fresh Grapes from Panama in 2022:
- Belize (27.3K litres)
- Costa Rica (15.0K litres)
- Switzerland (11.2K litres)
- Jamaica (7.4K litres)
- Aruba (6.9K litres)
- Grenada (4.9K litres)
- Singapore (3.3K litres)
- Guatemala (1.1K litres)
This report provides an in-depth analysis of the market for wine of fresh grapes 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:
- Prodcom 11021211 - White wine with a protected designation of origin (PDO)
- Prodcom 11021215 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, put up with pressure of CO2 in solution . 1 bar < 3, a t .20
- Prodcom 11021217 - Quality wine and grape must with fermentation prevented or arrested by the addition of alcohol, with a protected designation of origin (PDO) produced of an alcoholic strength of . .15 % (excluding white wine and sparkling wine)
- Prodcom 11021220 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, of an alcoholic strength . .15 % (excluding sparkling wine and wine (PDO))
- Prodcom 11021231 - Port, Madeira, Sherry and other > .15 % alcohol
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
- 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 VOLUME AND VALUE
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
- 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
- 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 market for wine of fresh grapes in Panama.
This report provides an in-depth analysis of the wine market in Panama.
This report provides an in-depth analysis of the grape must market in Panama.
This report provides an in-depth analysis of the sparkling wine market in Panama.
This report provides an in-depth analysis of the wine market in Panama.
This report provides an in-depth analysis of the global market for wine of fresh grapes.
This report provides an in-depth analysis of the global wine market.
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This report provides an in-depth analysis of the global grape must market.
This report provides an in-depth analysis of the global sparkling wine market.
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