Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama
  4. Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama

Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama (FOB) - 2022

The average export price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $10,275 per ton in 2022, growing by 2.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 73%. The export price peaked at $14,336 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($18,048 per ton), while the average price for exports to Japan ($7,217 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 South Korea (+0.7%).

Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama (CIF) - 2022

The average import price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $9,520 per ton in 2021, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price decreased by 99.9% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2015 to 2021, the rate of growth in terms of prices for Ecuador amounted to +0.9% per year.

Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama

In 2022, the amount of fish fillets; frozen, swordfish (xiphias gladius)s exported from Panama soared to 27 tons, increasing by 110% against 2021 figures. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 676% against the previous year. As a result, the exports reached the peak of 41 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s surged to $280K in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 524%. As a result, the exports attained the peak of $429K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1640%
Japan52.713569.790.519.8%
South Korea16.119061.025.416.4%
ItalyN/A104N/AN/A0%
OthersN/AN/AN/AN/A0%
Total68.842913128059.7%

Top Export Markets for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) from Panama in 2022:

  1. United States (13.3 tons)
  2. Japan (12.5 tons)
  3. South Korea (1.4 tons)

Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama

Imports of fish fillets; frozen, swordfish (xiphias gladius)s into Panama totaled 148 kg in 2021, approximately equating the previous year. Over the period under review, imports showed a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of fish fillets; frozen, swordfish (xiphias gladius)s amounted to $1.4K in 2021. Overall, imports showed a sharp decrease. The smallest decline of 99.9% was in 2020.

Import of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Panama (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
EcuadorN/AN/A1.40%
Chile2.2N/AN/A0%
OthersN/AN/AN/A0%
Total2.2N/A1.4-20.2%

Top Suppliers of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) to Panama in 2022:

  1. Ecuador (148.0 kg)

Source: IndexBox Market Intelligence Platform

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