Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Panama - 2023

Contents:

  1. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Panama (CIF) - 2022
  2. Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Panama

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Panama (CIF) - 2022

The average import price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $1,567 per ton in 2022, which is down by -42.5% against the previous year. In general, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $5,704 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -8.3% per year.

Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Panama

Imports of aquatic invertebrates; jellyfish, prepared or preserveds into Panama soared to 541 kg in 2022, with an increase of 54% against the previous year's figure. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2021 when imports increased by 259%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds declined to $848 in 2022. Overall, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 332%.

Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,307222959848-13.4%
OthersN/AN/AN/AN/A0%
Total1,307222959848-13.4%

Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to Panama in 2022:

  1. China (541.0 kg)

Source: IndexBox Market Intelligence Platform

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