Price for Vegetables; Seed Potatoes, Fresh or Chilled in Panama - 2023
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Panama (CIF) - 2022
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Panama
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Panama (CIF) - 2022
In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $1,200 per ton, rising by 37% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,532 per ton), while the price for Germany stood at $1,000 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%).
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Panama
In 2022, supplies from abroad of vegetables; seed potatoes, fresh or chilleds decreased by -45.4% to 401 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 109% against the previous year.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds shrank dramatically to $480K in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 191 | 442 | 250 | 14.4% |
| United States | 255 | 367 | 202 | 231 | -3.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 255 | 558 | 644 | 480 | 23.5% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Panama in 2022:
- Germany (250.0 tons)
- United States (150.5 tons)
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