Clementines Price in Panama - 2023
Contents:
Clementines Price in Panama (CIF) - 2022
In 2022, the average clementines import price amounted to $1,521 per ton, waning by -6% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +5.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 27%. As a result, import price attained the peak level of $1,618 per ton, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,216 per ton), while the price for Chile ($768 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Imports in Panama
In 2022, imports of fruit, edible into Panama soared to 314 tons, with an increase of 36% compared with the year before. In general, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 88%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, clementines imports surged to $477K in 2022. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Clementines in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 151 | 62.8 | 130 | 270 | 21.4% |
| United States | N/A | 4.1 | 65.0 | 119 | 438.7% |
| Chile | 7.8 | 3.6 | 37.1 | 47.9 | 83.1% |
| Peru | N/A | 22.9 | 9.7 | 40.5 | 33.0% |
| Others | 151 | 62.8 | 130 | N/A | -7.2% |
| Total | 310 | 156 | 372 | 477 | 15.4% |
Top Suppliers of Clementines to Panama in 2022:
- Spain (199.4 tons)
- Chile (62.3 tons)
- United States (28.3 tons)
- Peru (23.8 tons)
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