Price for Uncooked Pasta Containing Eggs in Panama - 2023

Contents:

  1. Price for Uncooked Pasta Containing Eggs in Panama (CIF) - 2022
  2. Price for Uncooked Pasta Containing Eggs in Panama (FOB) - 2022
  3. Imports of Uncooked Pasta Containing Eggs in Panama
  4. Exports of Uncooked Pasta Containing Eggs in Panama

Price for Uncooked Pasta Containing Eggs in Panama (CIF) - 2022

In 2022, the average uncooked pasta containing eggs import price amounted to $2,214 per ton, stabilizing at the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, uncooked pasta containing eggs import price increased by +2.0% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. As a result, import price reached the peak level of $2,396 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,465 per ton), while the price for Uruguay ($1,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+94.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Uncooked Pasta Containing Eggs in Panama (FOB) - 2022

In 2022, the average uncooked pasta containing eggs export price amounted to $1,991 per ton, with an increase of 25% against the previous year. Overall, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 73%. The export price peaked at $2,416 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +16.6% per year.

Imports of Uncooked Pasta Containing Eggs in Panama

In 2022, the amount of uncooked pasta containing eggs imported into Panama skyrocketed to 66 tons, jumping by 22% compared with the year before. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 99.9%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, uncooked pasta containing eggs imports skyrocketed to $145K in 2022. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 126% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Uncooked Pasta Containing Eggs in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.55.523.064.064.0%
Italy9.24.412.452.278.4%
Uruguay4.81.73.829.082.1%
Hong Kong SAR6.65.23.5N/A-27.2%
Argentina12.08.412.9N/A3.7%
Peru18.616.243.8N/A53.5%
China5.00.11.0N/A-55.3%
Brazil6.84.58.4N/A11.1%
Others6.86.39.4N/A17.6%
Total84.252.211814519.9%

Top Suppliers of Uncooked Pasta Containing Eggs to Panama in 2022:

  1. United States (27.8 tons)
  2. Italy (21.2 tons)
  3. Uruguay (16.6 tons)

Exports of Uncooked Pasta Containing Eggs in Panama

In 2022, shipments abroad of uncooked pasta containing eggs was finally on the rise to reach 998 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp downturn.

In value terms, uncooked pasta containing eggs exports surged to $2K in 2022. In general, exports, however, showed a sharp curtailment.

Export of Uncooked Pasta Containing Eggs in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela0.62.60.31.946.8%
NicaraguaN/A0.7N/AN/A0%
BurundiN/AN/A0.4N/A0%
Colombia3.5N/AN/AN/A0%
Belize0.3N/AN/AN/A0%
Bahrain1.4N/AN/AN/A0%
OthersN/AN/AN/A0.10%
Total5.83.30.72.0-29.9%

Top Export Markets for Uncooked Pasta Containing Eggs from Panama in 2022:

  1. Venezuela (994.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Uncooked Pasta (Containing Eggs) - Panama