Price for Fish Meal; Fit for Human Consumption in Panama - 2022

Contents:

  1. Price for Fish Meal; Fit for Human Consumption in Panama (CIF) - 2022
  2. Imports of Fish Meal; Fit for Human Consumption in Panama

Price for Fish Meal; Fit for Human Consumption in Panama (CIF) - 2022

The average import price for fish meal; fit for human consumptia stood at $13,342 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2019 an increase of 19%. As a result, import price reached the peak level of $17,861 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 ($13,930 per ton), while the price for Ecuador stood at $2,167 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.4%).

Imports of Fish Meal; Fit for Human Consumption in Panama

In 2022, overseas purchases of fish meal; fit for human consumptia decreased by 0% to 120 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 66%. As a result, imports reached the peak of 239 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish meal; fit for human consumptia amounted to $1.6K in 2022. In general, imports faced a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports reached the peak of $3.2K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fish Meal; Fit for Human Consumption in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.63.2N/A1.6-14.9%
EcuadorN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.63.2N/A1.6-14.9%

Top Suppliers of Fish Meal; Fit for Human Consumption to Panama in 2022:

  1. United States (114.0 kg)
  2. Ecuador (6.0 kg)

Source: IndexBox Market Intelligence Platform

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