Price for Mollusc Preparations; Octopus, Prepared or Preserved in Panama - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Panama (CIF) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Panama (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Panama
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Panama
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Panama (CIF) - 2022
In 2022, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $9,806 per ton, rising by 16% against the previous year. Over the period under review, import price indicated a temperate expansion from 2013 to 2022: its price increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; octopus, prepared or preserveds increased by +49.4% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 48%. As a result, import price attained the peak level of $11,190 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 Indonesia ($17,500 per ton), while the price for China ($3,097 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Panama (FOB) - 2022
Panama has no trade partners to describe.
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Panama
After two years of decline, supplies from abroad of mollusc preparations; octopus, prepared or preserveds increased by 16% to 8.3 tons in 2022. Over the period under review, imports, however, saw a abrupt descent.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds surged to $81K in 2022. In general, imports, however, recorded a mild reduction.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 44.7 | 45.0 | 38.8 | 65.5 | 13.6% |
| China | 3.1 | 3.7 | 4.6 | 8.0 | 37.2% |
| United States | 16.2 | 6.5 | 13.3 | 4.2 | -36.2% |
| Indonesia | 4.4 | 3.2 | 2.4 | 2.0 | -23.1% |
| Hong Kong SAR | 0.9 | 0.9 | 1.1 | 1.3 | 13.0% |
| Others | 15.1 | 0.8 | 0.4 | 0.5 | -67.9% |
| Total | 84.4 | 60.1 | 60.6 | 81.5 | -1.2% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Panama in 2022:
- Spain (4.6 tons)
- China (2.6 tons)
- United States (0.6 tons)
- Hong Kong SAR (0.4 tons)
- Indonesia (0.1 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Panama
In 2020, the amount of mollusc preparations; octopus, prepared or preserveds exported from Panama soared to 92 kg, jumping by 1,050% on the previous year. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds soared to $1.3K in 2020. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Saint Lucia | 116 | N/A | 0% | ||
| Others | 4.0 | 1,272 | 31700.0% | ||
| Total | 120 | 1,272 | 960.0% | ||
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Panama in 2022:
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