Report Update: May 1, 2024

Panama - Homogenised Preparations Of Jams, Fruit Jellies And Marmalades - Market Analysis, Forecast, Size, Trends And Insights

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Price for Homogenised Jam and Marmalade in Panama - 2023

Price for Homogenised Jam and Marmalade in Panama (CIF) - 2023

The average homogenised jam and marmalade import price stood at $3,489 per ton in July 2023, with an increase of 6.9% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 18% month-to-month. Over the period under review, average import prices reached the peak figure at $3,755 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Mexico ($3,524 per ton), while the price for Costa Rica amounted to $3,446 per ton.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+0.1%).

Price for Homogenised Jam and Marmalade in Panama (FOB) - 2022

The average homogenised jam and marmalade export price stood at $3,144 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 31%. Over the period under review, the average export prices attained the maximum at $3,751 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cuba.

From 2012 to 2022, the rate of growth in terms of prices for Trinidad and Tobago amounted to +30.6% per year.

Imports of Homogenised Jam and Marmalade in Panama

In 2022, the amount of homogenised preparations of jams, fruit jellies and marmalades imported into Panama fell remarkably to 807 tons, waning by -39.9% compared with 2021 figures. In general, imports faced a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 29%. As a result, imports reached the peak of 1.3K tons, and then contracted dramatically in the following year.

In value terms, homogenised jam and marmalade imports shrank significantly to $2.5M in 2022. Over the period under review, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $3.6M, and then contracted rapidly in the following year.

Import of Homogenised Jam and Marmalade in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Costa Rica	1,691	1,207	2,044	1,663	-0.6%
Mexico	986	1,195	1,183	673	-12.0%
Chile	417	122	229	123	-33.4%
Others	102	137	171	28.3	-34.8%
Total	3,195	2,661	3,627	2,487	-8.0%

Top Suppliers of Homogenised Jam and Marmalade to Panama in 2022:

Costa Rica (508.6 tons)
Mexico (222.7 tons)
Chile (64.8 tons)

Exports of Homogenised Jam and Marmalade in Panama

For the third consecutive year, Panama recorded decline in shipments abroad of homogenised preparations of jams, fruit jellies and marmalades, which decreased by 0% to 1.5 tons in 2022. Overall, exports showed a dramatic downturn. The smallest decline of -76.1% was in 2020.

In value terms, homogenised jam and marmalade exports stood at $4.7K in 2022. Over the period under review, exports showed a dramatic curtailment. The smallest decline of -76.3% was in 2020.

Export of Homogenised Jam and Marmalade in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cuba	37.3	2.6	N/A	4.2	-51.7%
Dominican Republic	N/A	1.1	N/A	N/A	0%
Haiti	N/A	4.0	N/A	N/A	0%
Others	2.4	1.7	N/A	0.5	-40.7%
Total	39.7	9.4	N/A	4.7	-50.9%

Top Export Markets for Homogenised Jam and Marmalade from Panama in 2022:

Cuba (1349.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for homogenised jam and marmalade in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10861050 - Homogenised preparations of jams, fruit jellies, marmalades, f ruit or nut puree and fruit or nut pastes

Country coverage:

Panama

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Panama
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023