Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama (CIF) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama (CIF) - 2022
In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,262 per ton, picking up by 38% against the previous year. Over the period under review, import price indicated a moderate increase from 2013 to 2022: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses increased by +83.8% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($3,364 per ton), while the price for Chile ($583 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $647 per ton in 2020, falling by -13.6% against the previous year. Over the period under review, the export price recorded a deep slump. The pace of growth was the most pronounced in 2019 an increase of 31% against the previous year. Over the period under review, the average export prices reached the maximum at $1,313 per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Cuba ($635 per ton), while the average price for exports to Israel stood at $635 per ton.
From 2014 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (-11.1%).
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama
In 2022, approx. 12 tons of cereal grains; rolled or flaked, of cereals excluding barley and oatses were imported into Panama; with an increase of 186% on the year before. Overall, imports, however, showed a significant decline. The growth pace was the most rapid in 2020 when imports increased by 452%. As a result, imports reached the peak of 606 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $15K in 2022. In general, imports, however, showed a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 513%. As a result, imports reached the peak of $507K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 56.5 | 487 | 3.7 | 14.4 | -36.6% |
| Chile | 6.7 | 8.1 | 0.1 | 0.2 | -69.0% |
| United States | 7.5 | 1.9 | N/A | 0.1 | -76.3% |
| Canada | 3.8 | 2.5 | N/A | N/A | -34.2% |
| Others | 8.2 | 7.4 | 0.1 | 0.3 | -66.8% |
| Total | 82.7 | 507 | 3.8 | 15.0 | -43.4% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Panama in 2022:
- Mexico (11.2 tons)
- Chile (0.3 tons)
- United States (0.1 tons)
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama
In 2020, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Panama fell notably to 6.9 tons, which is down by -95.7% compared with the previous year's figure. In general, exports recorded a dramatic downturn.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses dropped dramatically to $4.5K in 2020. Over the period under review, exports showed a sharp descent.
| Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Cuba | 74.1 | 2.7 | -96.4% | ||
| Israel | 46.1 | 1.7 | -96.3% | ||
| Others | 0.3 | 0.1 | -66.7% | ||
| Total | 121 | 4.5 | -96.3% | ||
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Panama in 2022:
- Cuba (4.3 tons)
- Israel (2.7 tons)
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