Price for Mollusc Preparations; Mussels, Prepared or Preserved in Panama - 2024

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Panama (CIF) - 2022
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Panama (FOB) - 2022
  3. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Panama
  4. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Panama

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Panama (CIF) - 2022

The average import price for mollusc preparations; mussels, prepared or preserveds stood at $3,480 per ton in 2022, with an increase of 24% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 37%. As a result, import price attained the peak level of $4,056 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,647 per ton), while the price for China ($3,021 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Panama (FOB) - 2022

In 2022, the average export price for mollusc preparations; mussels, prepared or preserveds amounted to $4,250 per ton, stabilizing at the previous year. Overall, the export price saw a perceptible expansion. The growth pace was the most rapid in 2020 an increase of 9.9%. As a result, the export price reached the peak level of $5,171 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Antigua and Barbuda amounted to 0.0% per year.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Panama

In 2022, the amount of mollusc preparations; mussels, prepared or preserveds imported into Panama rose significantly to 131 tons, growing by 12% on the year before. In general, imports posted a perceptible increase. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds skyrocketed to $456K in 2022. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile24395.52442470.5%
China20.713.233.115495.2%
Spain33.436.436.744.09.6%
Others33.723.815.711.0-31.1%
Total33116933045611.3%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Panama in 2022:

  1. Chile (74.6 tons)
  2. China (50.9 tons)
  3. Spain (4.1 tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Panama

In 2022, overseas shipments of mollusc preparations; mussels, prepared or preserveds decreased by 0% to 905 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 697% against the previous year. As a result, the exports attained the peak of 1.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds amounted to $3.8K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 776%. As a result, the exports attained the peak of $6.3K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Antigua and BarbudaN/AN/AN/A3.80%
VenezuelaN/A3.6N/AN/A0%
Saint Lucia0.7N/AN/AN/A0%
OthersN/A2.7N/AN/A0%
Total0.76.3N/A3.875.7%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Panama in 2022:

  1. Antigua and Barbuda (905.0 kg)

Source: IndexBox Market Intelligence Platform

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