Panama - Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilk Price in Panama - 2023
Contents:
- Milk Price in Panama (CIF) - 2022
- Milk Price in Panama (FOB) - 2022
- Milk Imports in Panama
- Milk Exports in Panama
Milk Price in Panama (CIF) - 2022
The average milk import price stood at $1,251 per ton in 2022, with an increase of 36% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 43%. The import price peaked at $1,710 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Costa Rica amounted to +3.4% per year.
Milk Price in Panama (FOB) - 2022
Panama has no trade partners to describe.
Milk Imports in Panama
For the third consecutive year, Panama recorded decline in overseas purchases of milk, which decreased by -92.3% to 62 tons in 2022. In general, imports saw a sharp decrease. The smallest decline of -31% was in 2020.
In value terms, milk imports shrank sharply to $77K in 2022. Overall, imports faced a sharp downturn. The smallest decline of -33.3% was in 2020.
| Import of Milk in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 35.7 | 48.3 | 96.8 | 76.7 | 29.0% |
| Spain | 362 | 580 | 216 | N/A | -22.8% |
| Germany | 225 | N/A | N/A | N/A | 0% |
| Costa Rica | 5,200 | 3,246 | 428 | N/A | -71.3% |
| Others | 25.8 | 29.2 | 0.7 | 0.3 | -77.3% |
| Total | 5,848 | 3,903 | 741 | 77.0 | -76.4% |
Top Suppliers of Milk to Panama in 2022:
- United States (37.9 tons)
Milk Exports in Panama
In 2022, shipments abroad of milk decreased by 0% to 33 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 15% against the previous year. As a result, the exports attained the peak of 67 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, milk exports totaled $22K in 2022. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. As a result, the exports attained the peak of $44K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Milk in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 72.0 | N/A | N/A | N/A | 0% |
| Others | 35,859 | 44,113 | N/A | 22,056 | -15.0% |
| Total | 35,931 | 44,113 | N/A | 22,056 | -15.0% |
Top Export Markets for Milk from Panama in 2022:
This report provides an in-depth analysis of the milk 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:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
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.
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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
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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
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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
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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
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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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, PRODUCING ANIMALS AND YIELD
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
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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
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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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
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This report provides an in-depth analysis of the milk market in Panama.
114
This report provides an in-depth analysis of the skim milk market in Panama.
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This report provides an in-depth analysis of the cream fresh market in Panama.
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This report provides an in-depth analysis of the whole fresh milk market in Panama.
3792
This report provides an in-depth analysis of the global milk market.
565
This report provides an in-depth analysis of the global skim milk market.
573
This report provides an in-depth analysis of the global cream fresh market.
1089
This report provides an in-depth analysis of the global whole fresh milk market.
478
This report provides an in-depth analysis of the milk market in Panama.
114
This report provides an in-depth analysis of the skim milk market in Panama.
391
Explore the top import markets for milk based on the data provided by the IndexBox platform. Discover the countries with the highest import values for milk in 2022.
265
From the shift towards plant-based alternatives to the growing demand for organic and sustainable milk products, the milk market is undergoing significant changes.
574
The global milk market reduced to $778.1B in 2021, remaining constant against the previous year.
1380
Driven by increasing demand worldwide, the milk market is forecast to expand with an anticipated CAGR of +1.7% for the period from 2020 to 2030, which is projected to bring the market volume to 1.2B tons by the end of 2030.
1388
Germany dominated in the global milk trade in 2014. In 2014, Germany exported X thousand tons of milk totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total milk exports in
2174
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The global whole fresh milk market is estimated at $798.4B in 2018, an increase of 1.7% from 2017.
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Global cream fresh consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1500
Global cream fresh imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
