Panama - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Buttermilk and Buttermilk Powder in Panama - 2023
Contents:
- Price for Buttermilk and Buttermilk Powder in Panama (CIF) - 2022
- Price for Buttermilk and Buttermilk Powder in Panama (FOB) - 2022
- Imports of Buttermilk and Buttermilk Powder in Panama
- Exports of Buttermilk and Buttermilk Powder in Panama
Price for Buttermilk and Buttermilk Powder in Panama (CIF) - 2022
In 2022, the average buttermilk and buttermilk powder import price amounted to $3,446 per ton, increasing by 4.6% against the previous year. Overall, the import price saw prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 25%. The import price peaked at $3,815 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,279 per ton), while the price for Chile ($1,595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belize (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buttermilk and Buttermilk Powder in Panama (FOB) - 2022
The average buttermilk and buttermilk powder export price stood at $2,117 per ton in 2022, declining by -6.9% against the previous year. In general, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 162%. The export price peaked at $3,481 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($4,000 per ton), while the average price for exports to Venezuela ($2,099 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 Colombia (+7.5%), while the prices for the other major destinations experienced a decline.
Imports of Buttermilk and Buttermilk Powder in Panama
In 2022, the amount of buttermilk and buttermilk powder imported into Panama contracted significantly to 187 tons, dropping by -20.4% on the previous year. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year.
In value terms, buttermilk and buttermilk powder imports shrank rapidly to $644K in 2022. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year.
| Import of Buttermilk and Buttermilk Powder in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 492 | 230 | 387 | 424 | -4.8% |
| United States | 111 | 123 | 143 | 146 | 9.6% |
| Chile | 11.6 | 12.9 | 17.5 | 73.9 | 85.4% |
| Spain | 61.8 | 50.6 | 65.2 | N/A | 2.7% |
| Costa Rica | 43.0 | 47.4 | 52.8 | N/A | 10.8% |
| Mexico | 135 | 104 | 83.5 | N/A | -21.4% |
| Brazil | 31.7 | 22.6 | 7.6 | N/A | -51.0% |
| Others | 46.0 | 28.9 | 16.1 | N/A | -40.8% |
| Total | 933 | 619 | 773 | 644 | -11.6% |
Top Suppliers of Buttermilk and Buttermilk Powder to Panama in 2022:
- New Zealand (106.3 tons)
- Chile (46.3 tons)
- United States (34.1 tons)
Exports of Buttermilk and Buttermilk Powder in Panama
In 2022, after three years of growth, there was significant decline in overseas shipments of buttermilk and buttermilk powder, when their volume decreased by -5.2% to 239 kg. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of 252 kg, and then fell in the following year.
In value terms, buttermilk and buttermilk powder exports shrank to $506 in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports reached the peak of $573, and then shrank in the following year.
| Export of Buttermilk and Buttermilk Powder in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 273 | 260 | 375 | 352 | 8.8% |
| Venezuela | 106 | 157 | 190 | 149 | 12.0% |
| Others | 7.0 | 23.0 | 8.0 | 5.0 | -10.6% |
| Total | 386 | 440 | 573 | 506 | 9.4% |
Top Export Markets for Buttermilk and Buttermilk Powder from Panama in 2022:
- Colombia (166.0 kg)
- Venezuela (71.0 kg)
This report provides an in-depth analysis of the market for buttermilk and buttermilk powder 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 893 - Buttermilk, Curdled Milk, Acidified Milk
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
- 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 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
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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
- 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
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