Price for Cereal Grains; Rolled or Flaked, of Oats in Panama - 2024

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Panama (CIF) - 2024
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Panama (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Panama
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Panama

Price for Cereal Grains; Rolled or Flaked, of Oats in Panama (CIF) - 2024

The average import price for cereal grains; rolled or flaked, of oatses stood at $1,312 per ton in July 2023, growing by 17% against the previous month. Overall, the import price, however, recorded a pronounced setback. The import price peaked at $1,583 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Guatemala ($2,775 per ton), while the price for Chile ($760 per ton) was amongst the lowest.

From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Oats in Panama (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $2,785 per ton, surging by 2.7% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 an increase of 184% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, 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 the United States amounted to +8.1% per year.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Panama

In 2022, overseas purchases of cereal grains; rolled or flaked, of oatses decreased by -26.5% to 3.6K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of 5.5K 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 oatses fell sharply to $4.3M in 2022. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. As a result, imports reached the peak of $6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Panama in 2022:

1. Chile (2817.7 tons)
2. Guatemala (556.0 tons)
3. United States (116.7 tons)
4. Nicaragua (92.3 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Panama

In 2022, exports of cereal grains; rolled or flaked, of oatses from Panama shrank markedly to 1.2 tons, declining by -74.9% against 2021. In general, exports faced a sharp decline. The smallest decline of -70% was in 2020.

In value terms, exports of cereal grains; rolled or flaked, of oatses plummeted to $3.4K in 2022. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -68.3% was in 2020.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Panama in 2022:

1. United States (1.2 tons)

Source: IndexBox Market Intelligence Platform