Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Panama - 2022

Contents:

  1. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Panama (CIF) - 2022
  2. Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Panama

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Panama (CIF) - 2022

The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $4,327 per ton in 2022, standing approx. at the previous year. Overall, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2016 when the average import price increased by 63%. The import price peaked at $11,903 per ton in 2019; however, from 2020 to 2022, 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 ($8,357 per ton), while the price for Argentina stood at $4,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%).

Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Panama

For the third consecutive year, Panama recorded decline in purchases abroad of fresh or chilled sheep (including lamb) boneless cutses, which decreased by 0% to 746 kg in 2022. Overall, imports recorded a buoyant increase. The smallest decline of -95.5% was in 2020. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses amounted to $3.2K in 2022. In general, imports recorded a abrupt setback. The smallest decline of -95.5% was in 2020.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A2,7600%
United States2,805248N/A468-44.9%
Spain1,326N/AN/AN/A0%
Turkey3695.0N/AN/A-98.6%
Brazil1,0825.0N/AN/A-99.5%
Ukraine1792.0N/AN/A-98.9%
OthersN/AN/AN/AN/A0%
Total5,761260N/A3,228-17.6%

Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Panama in 2022:

  1. Argentina (690.0 kg)
  2. United States (56.0 kg)

Source: IndexBox Market Intelligence Platform

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