Wine Lees; Argol Price in Panama - 2022

Wine Lees; Argol Price in Panama (CIF) - 2022

The average wine lees; argol import price stood at $6,419 per ton in 2022, jumping by 395% against the previous year. Overall, the import price saw a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.9% per year.

Wine Lees; Argol Imports in Panama

In 2022, purchases abroad of wine lees; argol decreased by -98% to 1.2 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. As a result, imports reached the peak of 121 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wine lees; argol imports declined notably to $7.7K in 2022. Overall, imports showed a dramatic curtailment. The growth pace was the most rapid in 2020 when imports increased by 35%. As a result, imports attained the peak of $150K. From 2021 to 2022, the growth of imports remained at a lower figure.