Price for Frozen Southern Bluefin Tuna in Panama - 2022
Contents:
- Price for Frozen Southern Bluefin Tuna in Panama (FOB) - 2022
- Price for Frozen Southern Bluefin Tuna in Panama (CIF) - 2022
- Exports of Frozen Southern Bluefin Tuna in Panama
- Imports of Frozen Southern Bluefin Tuna in Panama
Price for Frozen Southern Bluefin Tuna in Panama (FOB) - 2022
The average frozen southern bluefin tuna export price stood at $1,261 per ton in 2022, remaining constant against the previous year. In general, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum at $1,278 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +5.7% per year.
Price for Frozen Southern Bluefin Tuna in Panama (CIF) - 2022
The average frozen southern bluefin tuna import price stood at $5,667 per ton in 2022, shrinking by -5.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 12%. Over the period under review, average import prices hit record highs at $6,199 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.9% per year.
Exports of Frozen Southern Bluefin Tuna in Panama
In 2022, frozen southern bluefin tuna exports from Panama fell to 4 tons, declining by -4% compared with the year before. The total export volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 8.6% against the previous year. As a result, the exports attained the peak of 4.2 tons, and then reduced slightly in the following year.
In value terms, frozen southern bluefin tuna exports fell to $5.1K in 2022. The total export value increased at an average annual rate of +12.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 33%.
| Export of Frozen Southern Bluefin Tuna in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 3.6 | 4.8 | 5.4 | 5.1 | 12.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 4.8 | 5.4 | 5.1 | 12.3% |
Top Export Markets for Frozen Southern Bluefin Tuna from Panama in 2022:
- Dominican Republic (4.0 tons)
Imports of Frozen Southern Bluefin Tuna in Panama
In 2022, overseas purchases of frozen southern bluefin tuna were finally on the rise to reach 12 kg after two years of decline. Over the period under review, imports, however, saw a deep slump.
In value terms, frozen southern bluefin tuna imports rose markedly to $68 in 2022. Overall, imports, however, saw a deep slump.
| Import of Frozen Southern Bluefin Tuna in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 94.0 | 73.0 | 60.0 | 68.0 | -10.2% |
| Mozambique | N/A | 2.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 94.0 | 75.0 | 60.0 | 68.0 | -10.2% |
Top Suppliers of Frozen Southern Bluefin Tuna to Panama in 2022:
- United States (12.0 kg)
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