Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Panama - 2022

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Panama (CIF) - 2022

The average import price for poultry; live, weighing not more than 185g, turkeys meat stood at $8 per unit in 2022, growing by 2% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +13.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for poultry; live, weighing not more than 185g, turkeys meat decreased by -4.9% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 196%. Over the period under review, average import prices reached the peak figure at $8.5 per unit in 2019; however, from 2020 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 Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +3.3% per year.

Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Panama

Imports of poultry; live, weighing not more than 185g, turkeys meat into Panama reduced remarkably to 20K units in 2022, which is down by -29.8% on the year before. Overall, imports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 148%. As a result, imports reached the peak of 29K units, and then declined sharply in the following year.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat shrank significantly to $162K in 2022. Over the period under review, imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of 132%. As a result, imports attained the peak of $226K, and then declined remarkably in the following year.