Price for Reptiles; Live (Including Snakes and Turtles) in Panama - 2023

Contents:

1. Price for Reptiles; Live (Including Snakes and Turtles) in Panama (CIF) - 2022
2. Price for Reptiles; Live (Including Snakes and Turtles) in Panama (FOB) - 2022
3. Imports of Reptiles; Live (Including Snakes and Turtles) in Panama
4. Exports of Reptiles; Live (Including Snakes and Turtles) in Panama

Price for Reptiles; Live (Including Snakes and Turtles) in Panama (CIF) - 2022

The average import price for reptiles; live (including snakes and turtles)s stood at $23 per unit in 2022, growing by 12% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The import price peaked at $29 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was El Salvador ($23 per unit), while the price for the United States ($23 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.1%), while the prices for the other major suppliers experienced a decline.

Price for Reptiles; Live (Including Snakes and Turtles) in Panama (FOB) - 2022

The average export price for reptiles; live (including snakes and turtles)s stood at $70 per unit in 2022, jumping by 315% against the previous year. Over the period under review, the export price recorded a buoyant increase. 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +10.4% per year.

Imports of Reptiles; Live (Including Snakes and Turtles) in Panama

In 2022, imports of reptiles; live (including snakes and turtles)s into Panama shrank remarkably to 735 units, with a decrease of -68.5% against the year before. Overall, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked at 2.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of reptiles; live (including snakes and turtles)s fell sharply to $17K in 2022. Over the period under review, imports saw a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $47K, and then reduced sharply in the following year.

Top Suppliers of Reptiles; Live (Including Snakes and Turtles) to Panama in 2022:

1. Canada (293.0 units)
2. United States (272.0 units)
3. El Salvador (170.0 units)

Exports of Reptiles; Live (Including Snakes and Turtles) in Panama

For the third consecutive year, Panama recorded decline in overseas shipments of reptiles; live (including snakes and turtles)s, which decreased by -91.9% to 5 units in 2022. Overall, exports faced a sharp slump. The smallest decline of -4.1% was in 2020. Over the period under review, the exports of attained the peak figure at 122 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of reptiles; live (including snakes and turtles)s contracted notably to $350 in 2022. In general, exports faced a precipitous shrinkage. The smallest decline of -37.8% was in 2020. Over the period under review, the exports of attained the maximum at $2.8K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Reptiles; Live (Including Snakes and Turtles) from Panama in 2022:

1. United States (5.0 units)

Source: IndexBox Market Intelligence Platform