Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama - 2024
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama (FOB) - 2022
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama (CIF) - 2022
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama (FOB) - 2022
In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $16,953 per ton, declining by -9.8% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s increased by +32.2% against 2017 indices. The growth pace was the most rapid in 2021 when the average export price increased by 51%. As a result, the export price attained the peak level of $18,793 per ton, and then dropped in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($17,006 per ton), while the average price for exports to Canada ($15,244 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 the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama (CIF) - 2022
In 2022, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $2,843 per ton, shrinking by -5.6% against the previous year. Over the period under review, the import price recorded a deep reduction. The growth pace was the most rapid in 2016 when the average import price increased by 15%. The import price peaked at $4,938 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 the United States ($4,714 per ton), while the price for China ($2,449 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced a decline.
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama
In 2022, approx. 69 tons of fish fillets; fresh or chilled, other than fish of heading 0304.4s were exported from Panama; declining by -29.6% on the year before. Overall, exports faced a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 146% against the previous year.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s declined dramatically to $1.2M in 2022. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 271% against the previous year. As a result, the exports attained the peak of $1.8M, and then shrank sharply in the following year.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,294 | 413 | 1,790 | 1,122 | -4.6% |
| Guatemala | 54.1 | 80.0 | 36.4 | 35.2 | -13.3% |
| Others | 13.3 | 1.3 | 8.4 | 7.0 | -19.3% |
| Total | 1,361 | 494 | 1,834 | 1,164 | -5.1% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Panama in 2022:
- United States (66.0 tons)
- Guatemala (2.3 tons)
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama
In 2022, approx. 4.4 tons of fish fillets; fresh or chilled, other than fish of heading 0304.4s were imported into Panama; growing by 29% on the year before. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 -18.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, imports reached the peak of 5.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s surged to $12K in 2022. In general, imports, however, recorded a abrupt downturn.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 13.0 | 12.3 | 9.3 | 11.3 | -4.6% |
| China | 0.7 | 0.7 | 0.6 | 0.6 | -5.0% |
| Brazil | 1.3 | 1.2 | 0.1 | 0.2 | -46.4% |
| Others | 0.7 | 0.4 | 0.2 | 0.3 | -24.6% |
| Total | 15.7 | 14.6 | 10.2 | 12.4 | -7.6% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Panama in 2022:
- Vietnam (4.0 tons)
- China (0.3 tons)
- Brazil (0.1 tons)
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