Frozen Whole Chicken Price in Panama - 2023
Contents:
Frozen Whole Chicken Price in Panama (CIF) - 2022
In 2022, the average frozen whole chicken import price amounted to $2,457 per ton, rising by 30% against the previous year. In general, the import price showed a mild increase. The growth pace was the most rapid in 2015 an increase of 94%. As a result, import price attained the peak level of $5,150 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
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 +1.6% per year.
Frozen Whole Chicken Imports in Panama
In 2022, supplies from abroad of frozen whole chickens decreased by -37.3% to 231 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 54%. As a result, imports reached the peak of 379 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen whole chicken imports declined sharply to $568K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year.
| Import of Frozen Whole Chicken in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 432 | 566 | 697 | 568 | 9.6% |
| Others | 0.3 | 6.3 | N/A | N/A | 2000.0% |
| Total | 432 | 572 | 697 | 568 | 9.6% |
Top Suppliers of Frozen Whole Chicken to Panama in 2022:
- United States (231.2 tons)
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