Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama (FOB) - 2022
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama (FOB) - 2022
In 2022, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $1,841 per ton, waning by -9.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 15% against the previous year. As a result, the export price attained the peak level of $2,242 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($9,427 per ton), while the average price for exports to Spain ($816 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama (CIF) - 2022
The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $2,781 per ton in 2022, surging by 39% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,064 per ton in 2020; however, from 2021 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 the United States.
From 2017 to 2022, the rate of growth in terms of prices for the United States amounted to +0.2% per year.
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama
In 2022, the amount of offal, edible; of bovine animals, fresh or chilleds exported from Panama declined notably to 5.6K tons, waning by -16.2% compared with 2021 figures. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports attained the peak of 6.7K tons, and then declined markedly in the following year.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds declined sharply to $10M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $14M, and then reduced notably in the following year.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.1 | 3.8 | 4.1 | 3.8 | 7.0% |
| Mexico | 1.3 | 1.2 | 2.2 | 2.1 | 17.3% |
| Taiwan (Chinese) | 0.8 | 1.1 | 1.8 | 1.5 | 23.3% |
| China | 1.8 | 0.6 | 1.1 | 1.1 | -15.1% |
| Peru | 0.1 | N/A | 0.2 | 0.8 | 100.0% |
| Jamaica | 1.4 | 0.8 | 1.6 | 0.4 | -34.1% |
| Hong Kong SAR | 1.4 | 1.6 | 1.7 | 0.2 | -47.7% |
| Spain | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.4 | 0.3 | 0.9 | 0.4 | 0.0% |
| Total | 10.3 | 9.4 | 13.6 | 10.4 | 0.3% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Panama in 2022:
- Taiwan (Chinese) (1540.4 tons)
- Mexico (1234.7 tons)
- China (1090.0 tons)
- Peru (598.9 tons)
- Japan (405.9 tons)
- Jamaica (357.7 tons)
- Spain (123.3 tons)
- Hong Kong SAR (73.1 tons)
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama
In 2022, supplies from abroad of offal, edible; of bovine animals, fresh or chilleds was finally on the rise to reach 772 kg after two years of decline. In general, imports, however, continue to indicate a sharp curtailment.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds surged to $2.1K in 2022. Over the period under review, imports, however, recorded a precipitous decrease.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 94.9 | 3.5 | 0.8 | 2.1 | -71.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 94.9 | 3.5 | 0.8 | 2.1 | -71.9% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Panama in 2022:
- United States (772.0 kg)
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