Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Panama - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Panama (CIF) - 2022
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Panama
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Panama (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $12,946 per ton, increasing by 44% against the previous year. Over the period under review, the import price recorded a resilient expansion. The growth pace was the most rapid in 2020 when the average import price increased by 110% against the previous year. As a result, import price reached the peak level of $15,156 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($17,944 per ton), while the price for China ($6,193 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Panama
Imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into Panama dropped markedly to 4 tons in 2022, declining by -66.8% compared with the previous year's figure. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 164%. As a result, imports attained the peak of 12 tons, and then reduced remarkably in the following year.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s dropped notably to $52K in 2022. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. As a result, imports reached the peak of $109K, and then dropped rapidly in the following year.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 30.7 | 0% |
| Spain | 23.6 | 33.4 | 39.8 | 13.8 | -16.4% |
| Canada | N/A | N/A | N/A | 5.9 | 0% |
| China | 30.4 | N/A | 24.5 | 1.4 | -64.2% |
| Turkey | 1.1 | 2.5 | 4.1 | N/A | 93.1% |
| Others | 24.3 | 33.4 | 40.2 | N/A | 28.6% |
| Total | 79.4 | 69.3 | 109 | 51.9 | -13.2% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Panama in 2022:
- United States (2.7 tons)
- Spain (0.8 tons)
- Canada (0.3 tons)
- China (0.2 tons)
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