Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama - 2023
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama (CIF) - 2023
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama (CIF) - 2023
In November 2023, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $5,984 per ton, with a decrease of -27.8% against the previous month. In general, the import price recorded a slight decrease. The most prominent rate of growth was recorded in February 2023 an increase of 30% against the previous month. Over the period under review, average import prices attained the peak figure at $11,064 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Ecuador ($13,488 per ton), while the price for the United States stood at $5,946 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ecuador (+0.4%).
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama (FOB) - 2022
The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $3,559 per ton in 2022, growing by 34% against the previous year. Over the period under review, the export price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2014 an increase of 121%. The export price peaked at $13,022 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($45,000 per ton), while the average price for exports to Chile amounted to $3,508 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+66.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama
In 2022, approx. 137 tons of nuts, edible; mixtures of nuts or dried fruits of chapter 8 were imported into Panama; with a decrease of -15.1% against the year before. Overall, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 reduced to $1M in 2022. In general, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of $1.1M, and then shrank in the following year.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,092 | 751 | 1,051 | 932 | -5.1% |
| Ecuador | 3.4 | 4.8 | 42.2 | 53.7 | 150.9% |
| Chile | N/A | 9.6 | 10.5 | 52.1 | 133.0% |
| Free Zones | 7.5 | 3.9 | 11.8 | N/A | 25.4% |
| Others | 17.7 | 44.1 | 28.6 | 0.8 | -64.4% |
| Total | 1,121 | 813 | 1,144 | 1,038 | -2.5% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Panama in 2022:
- United States (122.0 tons)
- Chile (10.5 tons)
- Ecuador (4.2 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama
In 2022, after three years of growth, there was significant decline in overseas shipments of nuts, edible; mixtures of nuts or dried fruits of chapter 8, when their volume decreased by -13.5% to 903 kg. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, the exports attained the peak of 1 tons, and then contracted in the following year.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 soared to $3.2K in 2022. Overall, exports continue to indicate a abrupt shrinkage.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | 1.9 | 3.2 | 68.4% |
| Switzerland | 0.6 | N/A | N/A | N/A | 0% |
| Aruba | N/A | N/A | 0.7 | N/A | 0% |
| Trinidad and Tobago | N/A | 1.7 | N/A | N/A | 0% |
| Colombia | 1.1 | 0.8 | 0.1 | N/A | -69.8% |
| Others | 2.4 | 1.1 | N/A | N/A | -54.2% |
| Total | 4.2 | 3.7 | 2.8 | 3.2 | -8.7% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Panama in 2022:
- Chile (900.0 kg)
- Switzerland (1.0 kg)
- Colombia (1.0 kg)
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