Concentrated Pineapple Juice Price in Panama - 2023
Contents:
- Concentrated Pineapple Juice Price in Panama (CIF) - 2022
- Concentrated Pineapple Juice Price in Panama (FOB) - 2022
- Concentrated Pineapple Juice Imports in Panama
- Concentrated Pineapple Juice Exports in Panama
Concentrated Pineapple Juice Price in Panama (CIF) - 2022
In 2022, the average concentrated pineapple juice import price amounted to $1,817 per ton, growing by 25% against the previous year. Overall, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $2,054 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($3,610 per ton), while the price for Turkey ($729 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+22.4%), while the prices for the other major suppliers experienced a decline.
Concentrated Pineapple Juice Price in Panama (FOB) - 2022
In 2022, the average concentrated pineapple juice export price amounted to $600 per ton, which is down by -72.5% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs at $2,383 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for British Indian Ocean Territory.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +37.9% per year.
Concentrated Pineapple Juice Imports in Panama
In 2022, approx. 489 tons of concentrated pineapple juice were imported into Panama; rising by 33% against 2021. Over the period under review, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 91%.
In value terms, concentrated pineapple juice imports soared to $888K in 2022. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 153% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Concentrated Pineapple Juice in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 306 | 43.6 | 241 | 637 | 27.7% |
| Guatemala | 131 | 49.4 | 41.9 | 58.4 | -23.6% |
| Free Zones | 21.9 | 4.9 | 33.0 | 54.1 | 35.2% |
| United States | 18.6 | 4.0 | 11.8 | 36.3 | 25.0% |
| Spain | 8.9 | 3.6 | 10.8 | 29.4 | 48.9% |
| Philippines | 6.8 | 0.4 | 7.3 | 15.7 | 32.2% |
| Turkey | 4.0 | 1.2 | 0.4 | 5.2 | 9.1% |
| Mexico | 69.5 | 13.1 | 13.2 | 4.2 | -60.8% |
| China | 88.3 | 80.7 | 165 | N/A | 36.7% |
| Others | 10.2 | 9.2 | 6.7 | 47.6 | 67.1% |
| Total | 665 | 210 | 532 | 888 | 10.1% |
Top Suppliers of Concentrated Pineapple Juice to Panama in 2022:
- Costa Rica (281.4 tons)
- Guatemala (76.8 tons)
- Spain (30.9 tons)
- United States (25.2 tons)
- Free Zones (15.0 tons)
- Philippines (7.6 tons)
- Turkey (7.1 tons)
- Mexico (4.8 tons)
Concentrated Pineapple Juice Exports in Panama
In 2022, after three years of growth, there was significant decline in shipments abroad of concentrated pineapple juice, when their volume decreased by -94.9% to 3.9 tons. Overall, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 155%.
In value terms, concentrated pineapple juice exports fell remarkably to $2.4K in 2022. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 189%.
| Export of Concentrated Pineapple Juice in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| British Indian Ocean Territory | N/A | N/A | N/A | 2.4 | 0% |
| Chile | 23.7 | 57.3 | 56.9 | N/A | 54.9% |
| United States | 8.2 | 19.7 | 19.6 | N/A | 54.6% |
| Netherlands | 16.8 | 46.5 | 53.0 | N/A | 77.6% |
| Jamaica | 3.4 | 25.1 | 28.2 | N/A | 188.0% |
| Others | 3.8 | 13.1 | 11.6 | N/A | 74.7% |
| Total | 55.9 | 162 | 169 | 2.4 | -65.0% |
Top Export Markets for Concentrated Pineapple Juice from Panama in 2022:
- British Indian Ocean Territory (3.9 tons)
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