Panama - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama - 2023
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama (CIF) - 2023
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama (FOB) - 2022
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama (CIF) - 2023
In November 2023, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $2,275 per ton, falling by -1.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices reached the peak figure at $2,384 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Guatemala ($3,215 per ton), while the price for the Netherlands ($2,028 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Colombia (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama (FOB) - 2022
In 2022, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $2,281 per ton, picking up by 53% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. Over the period under review, the average export prices reached the peak figure at $3,712 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($2,750 per ton), while the average price for exports to Guatemala ($1,042 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 Trinidad and Tobago (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama
Imports of malt extract and food preparations of flour, meal, and starches into Panama fell modestly to 5.6K tons in 2022, waning by -2.5% compared with the previous year. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. As a result, imports attained the peak of 5.7K tons, and then reduced slightly in the following year.
In value terms, imports of malt extract and food preparations of flour, meal, and starches reached $11M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.7 | 2.9 | 3.1 | 3.2 | 23.5% |
| United States | 2.9 | 1.9 | 3.1 | 3.1 | 2.2% |
| Chile | 2.2 | 1.6 | 1.2 | 1.9 | -4.8% |
| Costa Rica | 0.7 | 0.4 | 0.8 | 0.8 | 4.6% |
| Singapore | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Peru | 0.4 | 0.5 | 0.2 | N/A | -29.3% |
| Others | 1.5 | 1.0 | 1.2 | 1.2 | -7.2% |
| Total | 9.9 | 8.7 | 10.1 | 10.6 | 2.3% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Panama in 2022:
- Netherlands (1804.5 tons)
- United States (1459.4 tons)
- Chile (1396.0 tons)
- Costa Rica (273.2 tons)
- Singapore (223.8 tons)
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama
Exports of malt extract and food preparations of flour, meal, and starches from Panama soared to 20 tons in 2022, surging by 283% compared with the previous year's figure. In general, exports showed a resilient expansion.
In value terms, exports of malt extract and food preparations of flour, meal, and starches skyrocketed to $46K in 2022. Overall, exports recorded a strong expansion.
| Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | 58.4 | 7.0 | 42.8 | -14.4% |
| Jamaica | 6.7 | 0.1 | 0.1 | 1.1 | -45.2% |
| Costa Rica | 1.1 | 0.8 | 0.1 | 0.8 | -10.1% |
| Nigeria | N/A | 17.8 | N/A | N/A | 0% |
| Guatemala | 16.9 | 5.5 | 0.4 | N/A | -84.6% |
| India | 3.1 | N/A | N/A | N/A | 0% |
| Others | 4.2 | 0.7 | 0.1 | 0.8 | -42.5% |
| Total | 31.9 | 83.3 | 7.8 | 45.5 | 12.6% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Panama in 2022:
- Peru (18.2 tons)
- Costa Rica (0.6 tons)
- Jamaica (0.5 tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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