Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama (CIF) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama (FOB) - 2022
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $4,066 per ton, which is down by -7.1% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 29% against the previous year. The import price peaked at $7,020 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +7.7% per year.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama (FOB) - 2022
The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $4,565 per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $11,700 per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($8,200 per ton), while the average price for exports to Aruba stood at $3,556 per ton.
From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama
After three years of growth, overseas purchases of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -98.6% to 458 kg in 2022. Over the period under review, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 4.4% against the previous year. As a result, imports attained the peak of 33 tons, and then declined notably in the following year.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds dropped notably to $1.9K in 2022. In general, imports continue to indicate a dramatic descent. The smallest decline of -2.6% was in 2020.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 13.1 | 12.2 | 11.5 | 1.9 | -47.5% |
| Philippines | 132 | 129 | 126 | N/A | -2.3% |
| United States | 5.0 | 4.0 | 3.3 | N/A | -18.8% |
| Others | 4.8 | 5.5 | 5.3 | N/A | 5.1% |
| Total | 154 | 150 | 146 | 1.9 | -76.9% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Panama in 2022:
- Spain (458.0 kg)
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama
In 2021, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from Panama totaled 23 kg, approximately equating the year before. Overall, exports continue to indicate a precipitous shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $105 in 2021. Over the period under review, exports saw a dramatic descent. The smallest decline of 99.9% was in 2020.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Aruba | N/A | N/A | 64.0 | 0% | |
| United States | N/A | N/A | 41.0 | 0% | |
| Dominican Republic | 195 | N/A | N/A | 0% | |
| Jamaica | 3,034 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 3,229 | N/A | 105 | -82.0% | |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Panama in 2022:
- Aruba (18.0 kg)
- United States (5.0 kg)
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