Panama - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPimenta Pepper Price in Panama - 2023
Contents:
- Pimenta Pepper Price in Panama (CIF) - 2022
- Pimenta Pepper Price in Panama (FOB) - 2022
- Pimenta Pepper Imports in Panama
- Pimenta Pepper Exports in Panama
Pimenta Pepper Price in Panama (CIF) - 2022
The average pimenta pepper import price stood at $4,945 per ton in 2022, with an increase of 2.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $5,585 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($7,742 per ton), while the price for Peru ($2,802 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pimenta Pepper Price in Panama (FOB) - 2022
In 2022, the average pimenta pepper export price amounted to $5,586 per ton, surging by 44% against the previous year. Overall, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 when the average export price increased by 518% against the previous year. As a result, the export price attained the peak level of $9,523 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +8.7% per year.
Pimenta Pepper Imports in Panama
In 2022, approx. 152 tons of pimenta pepper were imported into Panama; with an increase of 17% compared with the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +61.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 44%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, pimenta pepper imports soared to $749K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pimenta Pepper in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 185 | 235 | 173 | 283 | 15.2% |
| United States | 104 | 72.2 | 182 | 206 | 25.6% |
| Spain | 108 | 186 | 167 | 196 | 22.0% |
| Peru | 3.4 | 9.4 | 11.9 | 36.0 | 119.6% |
| Costa Rica | 19.3 | 8.4 | 17.4 | 8.7 | -23.3% |
| Others | 8.2 | 83.1 | 71.5 | 21.2 | 37.2% |
| Total | 428 | 594 | 623 | 749 | 20.5% |
Top Suppliers of Pimenta Pepper to Panama in 2022:
- China (57.6 tons)
- Spain (40.9 tons)
- United States (36.3 tons)
- Peru (12.8 tons)
- Costa Rica (1.1 tons)
Pimenta Pepper Exports in Panama
In 2022, approx. 5.4 tons of pimenta pepper were exported from Panama; increasing by 6,670% compared with 2021. Over the period under review, exports, however, faced a precipitous contraction.
In value terms, pimenta pepper exports soared to $30K in 2022. Overall, exports, however, continue to indicate a sharp setback.
| Export of Pimenta Pepper in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | N/A | N/A | 30.1 | 0% |
| Netherlands | 67.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Total | 67.9 | N/A | 0.3 | 30.3 | -23.6% |
Top Export Markets for Pimenta Pepper from Panama in 2022:
- Costa Rica (5.4 tons)
This report provides an in-depth analysis of the pimenta pepper 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 689 - Pimento
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
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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, HARVESTED AREA 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
- Area Harvested, 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 pimenta pepper market in Panama.
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This report provides an in-depth analysis of the piper pepper market in Panama.
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This report provides an in-depth analysis of the spice market in Panama.
910
This report provides an in-depth analysis of the global pimenta pepper market.
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This report provides an in-depth analysis of the global piper pepper market.
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This report provides an in-depth analysis of the global spice market.
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This report provides an in-depth analysis of the pimenta pepper market in Panama.
111
This report provides an in-depth analysis of the piper pepper market in Panama.
165
This report provides an in-depth analysis of the spice market in Panama.
910
This report provides an in-depth analysis of the global pimenta pepper market.
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The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
1138
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5035
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3819
From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
15135
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015. From 2007 to 2015, it expanded with a CAGR of +X%.
1901
In 2015, the value of total imports on the global pepper market stood at X million USD, an increase of X million USD (or X%) than on the previous year. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical
1466
According to market research conducted by IndexBox, global pepper production was estimated at X thousand tons in 2015, an increase of X thousand tons than in 2014. In value terms, production reached record levels, increasing to X million USD
1228
India dominates in the global pepper trade. In 2014, India exported X thousand tons of pepper totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total pepper exports in value
