Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,009 per ton in 2022, rising by 32% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $2,102 per ton in 2013; however, from 2014 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 Australia ($2,224 per ton), while the average price for exports to Costa Rica ($1,070 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $1,326 per ton in 2022, picking up by 9.4% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2020 when the average import price increased by 18%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Costa Rica.
From 2013 to 2022, the rate of growth in terms of prices for Peru amounted to +17.6% per year.
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama
Exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Panama dropped significantly to 2.6K tons in 2022, which is down by -53.3% on 2021 figures. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -47.7% was in 2020.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s contracted remarkably to $5.2M in 2022. Overall, exports faced a sharp curtailment. The smallest decline of -34.9% was in 2020.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 21.1 | 10.9 | 6.2 | 3.0 | -47.8% |
| Belgium | 6.5 | 7.3 | 0.8 | 1.0 | -46.4% |
| Australia | N/A | 0.1 | 0.1 | 0.9 | 200.0% |
| Ecuador | N/A | N/A | 0.4 | 0.3 | -25.0% |
| Chile | 3.1 | 1.0 | 0.5 | N/A | -59.8% |
| Costa Rica | 0.3 | 0.6 | 0.1 | N/A | -42.3% |
| Others | N/A | 0.5 | 0.5 | N/A | 0.0% |
| Total | 31.1 | 20.2 | 8.5 | 5.2 | -44.9% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Panama in 2022:
- Denmark (1372.5 tons)
- Belgium (593.6 tons)
- Australia (415.5 tons)
- Ecuador (174.3 tons)
- Costa Rica (39.1 tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama
In 2022, the amount of fats and oils and their fractions; of fish, (excluding liver-oils)s imported into Panama dropped rapidly to 96 tons, which is down by -59.9% on the year before. In general, imports continue to indicate a precipitous setback. The smallest decline of -14.1% was in 2021.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s dropped remarkably to $128K in 2022. Overall, imports showed a precipitous slump. The smallest decline of -8% was in 2021.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 490 | 299 | 291 | 125 | -36.6% |
| Peru | 20.7 | 13.5 | N/A | N/A | -34.8% |
| Others | 2.4 | 3.9 | N/A | 2.8 | 5.3% |
| Total | 513 | 316 | 291 | 128 | -37.0% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Panama in 2022:
- Costa Rica (96.0 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Panama.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Panama.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
