Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Panama - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama (CIF) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama (CIF) - 2022
In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $4,973 per ton, rising by 33% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +6.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,956 per ton), while the price for China ($3,540 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama
For the third consecutive year, Panama recorded decline in purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, which decreased by -76.6% to 12 tons in 2022. Over the period under review, imports faced a sharp slump. The smallest decline of -22.8% was in 2020.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s declined notably to $62K in 2022. Overall, imports showed a dramatic slump. The smallest decline of -26.1% was in 2020.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 25.5 | 23.6 | 14.5 | 28.6 | 3.9% |
| China | 459 | 325 | 154 | 28.3 | -60.5% |
| Indonesia | 4.6 | 3.0 | 3.8 | 3.3 | -10.5% |
| United States | 24.8 | 17.8 | 9.8 | 1.0 | -65.7% |
| Thailand | 27.0 | 23.3 | 12.2 | N/A | -32.8% |
| Others | 26.5 | 26.6 | 6.4 | 0.9 | -67.6% |
| Total | 567 | 419 | 201 | 62.1 | -52.2% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Panama in 2022:
- China (8.0 tons)
- Spain (3.6 tons)
- Indonesia (0.4 tons)
- United States (0.3 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Panama.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
73
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Panama.
513
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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