Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama - 2023

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama (CIF) - 2023
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama (FOB) - 2022
  3. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama
  4. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama (CIF) - 2023

In November 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $2,504 per ton, with an increase of 13% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 18% m-o-m. As a result, import price attained the peak level of $2,781 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,169 per ton), while the price for Belgium ($1,729 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama (FOB) - 2022

Panama has no trade partners to describe.

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama

In 2022, approx. 1.6K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were imported into Panama; waning by -13% compared with the year before. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of 1.9K tons, and then reduced in the following year.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen declined to $3.7M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of $4.2M, and then fell in the following year.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,6972,5813,0102,194-6.6%
Belgium24116935347225.1%
Spain31.7101226377128.3%
China50.949.093.219757.0%
Chile21397.3186187-4.2%
Peru28.288.743.013367.7%
Mexico93.366.716667.5-10.2%
Others16956.110634.4-41.2%
Total3,5243,2094,1833,6621.3%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Panama in 2022:

  1. United States (783.1 tons)
  2. Belgium (337.9 tons)
  3. Spain (236.4 tons)
  4. China (86.9 tons)
  5. Chile (77.9 tons)
  6. Peru (49.2 tons)
  7. Mexico (28.4 tons)

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama

In 2022, shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by 0% to 24 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, the exports reached the peak of 49 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen totaled $29K in 2022. Over the period under review, exports saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 72%. As a result, the exports attained the peak of $58K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia2.5N/AN/AN/A0%
Cuba15.1N/AN/AN/A0%
Others16.258.2N/A29.121.6%
Total33.858.2N/A29.1-4.9%

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