Panama - Pumpkin (Squash And Gourds) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPumpkin Price in Panama - 2023
Contents:
- Pumpkin Price in Panama (FOB) - 2023
- Pumpkin Price in Panama (CIF) - 2022
- Pumpkin Exports in Panama
- Pumpkin Imports in Panama
Pumpkin Price in Panama (FOB) - 2023
The average pumpkin export price stood at $441 per ton in July 2023, reducing by -11.7% against the previous month. Overall, the export price showed a noticeable slump. The pace of growth was the most pronounced in February 2023 when the average export price increased by 30% month-to-month. Over the period under review, the average export prices attained the peak figure at $584 per ton in March 2023; however, from April 2023 to July 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to -2.6% per month.
Pumpkin Price in Panama (CIF) - 2022
The average pumpkin import price stood at $3,952 per ton in 2022, jumping by 46% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($6,339 per ton), while the price for the United States amounted to $3,051 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Pumpkin Exports in Panama
In 2022, the amount of pumpkin (squash and gourds) exported from Panama dropped significantly to 6.4K tons, waning by -30.4% compared with the year before. Overall, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, the exports attained the peak of 9.2K tons, and then dropped remarkably in the following year.
In value terms, pumpkin exports declined markedly to $2.8M in 2022. In general, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of $3.8M, and then shrank sharply in the following year.
| Export of Pumpkin in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,369 | 999 | 1,768 | 2,623 | 24.2% |
| Spain | 1,189 | 1,014 | 1,975 | 59.9 | -63.1% |
| Netherlands | 22.5 | 10.7 | 22.6 | 59.4 | 38.2% |
| Belgium | N/A | N/A | 31.6 | 43.2 | 36.7% |
| Others | 5.6 | N/A | N/A | 2.4 | -24.6% |
| Total | 2,586 | 2,024 | 3,797 | 2,788 | 2.5% |
Top Export Markets for Pumpkin from Panama in 2022:
- United States (6.1K tons)
- Belgium (0.1K tons)
- Netherlands (0.1K tons)
- Spain (0.1K tons)
Pumpkin Imports in Panama
In 2022, imports of pumpkin (squash and gourds) into Panama reduced rapidly to 15 tons, waning by -56.3% on 2021. In general, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 34 tons, and then shrank remarkably in the following year.
In value terms, pumpkin imports reduced rapidly to $59K in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports reached the peak of $93K, and then shrank significantly in the following year.
| Import of Pumpkin in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.1 | 34.5 | 51.3 | 33.2 | 20.2% |
| Guatemala | 18.7 | 26.4 | 31.5 | 26.0 | 11.6% |
| Costa Rica | 15.4 | 4.0 | 9.8 | N/A | -20.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 53.1 | 64.9 | 92.6 | 59.2 | 3.7% |
Top Suppliers of Pumpkin to Panama in 2022:
- United States (10.9 tons)
- Guatemala (4.1 tons)
This report provides an in-depth analysis of the pumpkin market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 394 - Pumpkins, squash and gourds
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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