Panama - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFrozen Whole Fish Price in Panama - 2023
Contents:
- Frozen Whole Fish Price in Panama (FOB) - 2022
- Frozen Whole Fish Price in Panama (CIF) - 2023
- Frozen Whole Fish Exports in Panama
- Frozen Whole Fish Imports in Panama
Frozen Whole Fish Price in Panama (FOB) - 2022
In 2022, the average frozen whole fish export price amounted to $2,291 per ton, increasing by 32% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 51% against the previous year. As a result, the export price reached the peak level of $8,121 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($3,050 per ton), while the average price for exports to Brazil ($984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Price in Panama (CIF) - 2023
In July 2023, the average frozen whole fish import price amounted to $3,806 per ton, which is down by -18% against the previous month. Overall, the import price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in August 2022 an increase of 251% m-o-m. As a result, import price attained the peak level of $8,398 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Chile ($6,924 per ton), while the price for Mexico totaled $893 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Chile (-1.3%).
Frozen Whole Fish Exports in Panama
In 2022, approx. 3.5K tons of frozen whole fish were exported from Panama; with a decrease of -33.3% against 2021. In general, exports recorded a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 0.6% against the previous year.
In value terms, frozen whole fish exports contracted to $7.9M in 2022. Over the period under review, exports continue to indicate a sharp curtailment.
| Export of Frozen Whole Fish in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,608 | 1,799 | 2,940 | 2,122 | 9.7% |
| Costa Rica | 261 | 967 | 291 | 1,181 | 65.4% |
| Colombia | 468 | 112 | 546 | 1,045 | 30.7% |
| Barbados | 1,640 | 731 | 886 | 1,025 | -14.5% |
| Dominican Republic | 316 | 436 | 854 | 758 | 33.9% |
| Trinidad and Tobago | 427 | 444 | 360 | 337 | -7.6% |
| Taiwan (Chinese) | 464 | 251 | 243 | 290 | -14.5% |
| South Korea | 782 | 821 | 544 | 267 | -30.1% |
| Peru | 165 | N/A | 12.1 | 244 | 13.9% |
| Thailand | 128 | 138 | 278 | 170 | 9.9% |
| Brazil | 820 | 328 | 107 | 87.4 | -52.6% |
| Japan | 1,118 | 629 | 542 | 25.6 | -71.6% |
| Portugal | 6,481 | 1,910 | 319 | N/A | -77.8% |
| Others | 2,395 | 1,765 | 1,080 | 396 | -45.1% |
| Total | 17,072 | 10,332 | 9,003 | 7,949 | -22.5% |
Top Export Markets for Frozen Whole Fish from Panama in 2022:
- United States (760.8 tons)
- Dominican Republic (502.4 tons)
- Costa Rica (480.6 tons)
- Colombia (441.8 tons)
- Barbados (401.7 tons)
- Taiwan (Chinese) (176.0 tons)
- Trinidad and Tobago (110.4 tons)
- South Korea (107.8 tons)
- Peru (102.0 tons)
- Brazil (88.8 tons)
- Thailand (83.0 tons)
- Japan (19.2 tons)
Frozen Whole Fish Imports in Panama
In 2022, imports of frozen whole fish into Panama amounted to 2.1K tons, growing by 7% against the previous year's figure. Over the period under review, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year.
In value terms, frozen whole fish imports shrank to $6M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, imports reached the peak of $6.1M, and then reduced slightly in the following year.
| Import of Frozen Whole Fish in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 2,366 | 1,597 | 4,198 | 4,043 | 19.6% |
| Mexico | 478 | 422 | 755 | 1,460 | 45.1% |
| United States | 387 | 758 | 822 | 264 | -12.0% |
| Japan | 617 | 260 | 168 | 233 | -27.7% |
| China | 137 | N/A | 29.0 | 0.9 | -81.3% |
| Cote d'Ivoire | 816 | N/A | N/A | N/A | 0% |
| Others | 315 | 70.1 | 172 | 21.5 | -59.1% |
| Total | 5,115 | 3,108 | 6,145 | 6,023 | 5.6% |
Top Suppliers of Frozen Whole Fish to Panama in 2022:
- Mexico (1340.7 tons)
- Chile (531.5 tons)
- Japan (143.3 tons)
- United States (93.8 tons)
- China (0.8 tons)
This report provides an in-depth analysis of the frozen whole fish market 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201600 - Frozen fish livers and roes
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
125
This report provides an in-depth analysis of the frozen whole fish market in Panama.
128
This report provides an in-depth analysis of the market for frozen fish and seafood in Panama.
125
This report provides an in-depth analysis of the frozen freshwater fish market in Panama.
580
This report provides an in-depth analysis of the global frozen whole fish market.
248
This report provides an in-depth analysis of the global frozen tilapias market.
457
This report provides an in-depth analysis of the global market for frozen southern bluefin tuna.
191
This report provides an in-depth analysis of the global bigeye tuna market.
222
This report provides an in-depth analysis of the global frozen skipjack tuna market.
221
This report provides an in-depth analysis of the global frozen yellowfin tuna market.
218
This report provides an in-depth analysis of the global frozen atlantic halibut market.
203
Explore the top import markets for frozen whole fish based on the data provided by the IndexBox market intelligence platform.
532
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
170
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
361
Discover the top import markets for frozen, dried, and smoked fish, including key statistics and numbers. Explore the leading countries in the global fish trade.
378
Explore the top import markets for frozen fish based on the import value in 2022. Japan, United States, and China lead the pack in this lucrative industry. Learn more on IndexBox.
618
Chile became the leading supplier of frozen atlantic salmon worldwide, expanding exports from 14K tons in 2010 to 125K tons in 2020 and leaving behind the former leading supplier, Norway.
1913
China ($7.6B) remains the largest frozen fish supplier worldwide, comprising 17% of global exports.
203
Explore the top import markets for frozen whole fish based on the data provided by the IndexBox market intelligence platform.
532
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
170
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
