Panama - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Panama - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Whole Fresh Milk Price in Panama - 2023

Contents:

  1. Whole Fresh Milk Price in Panama (CIF) - 2022
  2. Whole Fresh Milk Price in Panama (FOB) - 2022
  3. Whole Fresh Milk Imports in Panama
  4. Whole Fresh Milk Exports in Panama

Whole Fresh Milk Price in Panama (CIF) - 2022

In 2022, the average whole fresh milk import price amounted to $942 per ton, approximately reflecting the previous year. Overall, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 51% against the previous year. The import price peaked at $1,710 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, 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 +5.2% per year.

Whole Fresh Milk Price in Panama (FOB) - 2022

Panama has no trade partners to describe.

Whole Fresh Milk Imports in Panama

In 2022, approx. 28 tons of whole fresh milk were imported into Panama; which is down by -95% on the previous year's figure. In general, imports faced a dramatic decrease. The smallest decline of -16.9% was in 2020.

In value terms, whole fresh milk imports shrank markedly to $26K in 2022. Overall, imports recorded a sharp setback. The smallest decline of -23.4% was in 2020.

Import of Whole Fresh Milk in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.126.956.726.115.1%
Spain60.2513174N/A70.0%
Costa Rica3,3732,146292N/A-70.6%
Others93.728.50.70.3-85.3%
Total3,5442,71452326.4-80.5%

Top Suppliers of Whole Fresh Milk to Panama in 2022:

  1. United States (4.4 tons)

Whole Fresh Milk Exports in Panama

In 2022, overseas shipments of whole fresh milk decreased by 0% to 31 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a deep reduction. The growth pace was the most rapid in 2020 with an increase of 8.7% against the previous year. As a result, the exports attained the peak of 61 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, whole fresh milk exports stood at $20K in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. As a result, the exports reached the peak of $40K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Whole Fresh Milk in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia72.0N/AN/AN/A0%
Others34,79340,313N/A20,156-16.6%
Total34,86540,313N/A20,156-16.7%

Top Export Markets for Whole Fresh Milk from Panama in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the whole fresh milk 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 1130 - Camel milk
    • FCL 882 - Cow milk, whole (fresh)
    • FCL 1020 - Goat milk
    • FCL 982 - Sheep milk
    • FCL 951 - Buffalo milk

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. COUNTRIES WITH TOP YIELDS
      4. TOP EXPORTING COUNTRIES
      5. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION, PRODUCING ANIMALS AND YIELD
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Yield And Growth
      16. Exports And Growth
      17. Export Prices And Growth
      18. Market Size And Growth
      19. Per Capita Consumption
      20. Imports And Growth
      21. Import Prices
      22. Production, In Physical Terms, 2012–2023
      23. Production, In Value Terms, 2012–2023
      24. Producing Animals Slaughtered, 2012–2023
      25. Yield, 2012–2023
      26. Imports, In Physical Terms, 2012–2023
      27. Imports, In Value Terms, 2012–2023
      28. Imports, In Physical Terms, By Country, 2023
      29. Imports, In Physical Terms, By Country, 2012–2023
      30. Imports, In Value Terms, By Country, 2012–2023
      31. Import Prices, By Country Of Origin, 2012–2023
      32. Exports, In Physical Terms, 2012–2023
      33. Exports, In Value Terms, 2012–2023
      34. Exports, In Physical Terms, By Country, 2023
      35. Exports, In Physical Terms, By Country, 2012–2023
      36. Exports, In Value Terms, By Country, 2012–2023
      37. Export Prices, By Country Of Destination, 2012–2023
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