Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama - 2023

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama (CIF) - 2022
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama (FOB) - 2022
3. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama
4. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama (CIF) - 2022

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $2,756 per ton, surging by 20% against the previous year. Overall, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 an increase of 39%. The import price peaked at $4,781 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.2% per year.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama (FOB) - 2022

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $2,128 per ton in 2022, surging by 35% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by +110.4% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Jamaica amounted to +1.6% per year.

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama

Imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into Panama soared to 25 tons in 2022, growing by 118% against the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen skyrocketed to $70K in 2022. In general, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Panama in 2022:

1. United States (25.5 tons)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Panama

For the third consecutive year, Panama recorded decline in shipments abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, which decreased by -35.2% to 13 tons in 2022. Over the period under review, exports faced a precipitous slump. The smallest decline of -19.5% was in 2020.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen reduced to $28K in 2022. In general, exports saw a abrupt decline. The smallest decline of -6.6% was in 2020.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Panama in 2022:

1. Jamaica (13.0 tons)

Source: IndexBox Market Intelligence Platform