Cereals; Millet, Seed Price in Panama - 2022
Contents:
Cereals; Millet, Seed Price in Panama (CIF) - 2022
The average cereals; millet, seed import price stood at $5,199 per ton in 2022, growing by 9.3% against the previous year. Over the period under review, the import price showed a significant increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 372%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
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 the United States amounted to +27.6% per year.
Cereals; Millet, Seed Imports in Panama
In 2022, imports of cereals; millet, seeds into Panama dropped modestly to 1.5 tons, shrinking by -3.8% against 2021. In general, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 8.3% against the previous year.
In value terms, cereals; millet, seed imports totaled $7.8K in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year.
| Import of Cereals; Millet, Seed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.1 | 6.6 | 7.4 | 7.8 | -8.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.1 | 6.6 | 7.4 | 7.8 | -8.3% |
Top Suppliers of Cereals; Millet, Seed to Panama in 2022:
- United States (1.5 tons)
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This report provides an in-depth analysis of the other cereals market in Panama.
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This report provides an in-depth analysis of the millet market in Panama.
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