Panama - Concentrated Apple Juice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Panama - Concentrated Apple Juice - Market Analysis, Forecast, Size, Trends and Insights

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Concentrated Apple Juice Price in Panama - 2023

Contents:

  1. Concentrated Apple Juice Price in Panama (CIF) - 2023
  2. Concentrated Apple Juice Price in Panama (FOB) - 2022
  3. Concentrated Apple Juice Imports in Panama
  4. Concentrated Apple Juice Exports in Panama

Concentrated Apple Juice Price in Panama (CIF) - 2023

The average concentrated apple juice import price stood at $1,781 per ton in September 2023, picking up by 6.7% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in April 2023 an increase of 55% month-to-month. The import price peaked at $1,904 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Chile ($2,087 per ton), while the price for the United States totaled $1,748 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Chile (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Concentrated Apple Juice Price in Panama (FOB) - 2022

The average concentrated apple juice export price stood at $786 per ton in 2022, falling by -2.2% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 92% against the previous year. Over the period under review, the average export prices hit record highs at $3,207 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Cuba ($838 per ton) and British Indian Ocean Territory ($800 per ton), while the average price for exports to Curacao ($716 per ton) and Aruba ($772 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Apple Juice Imports in Panama

In 2022, the amount of concentrated apple juice imported into Panama dropped notably to 3.1K tons, waning by -32.9% against the year before. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year.

In value terms, concentrated apple juice imports shrank to $4.1M in 2022. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $4.7M, and then dropped in the following year.

Import of Concentrated Apple Juice in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,0732,5573,1323,065-0.1%
Chile35922053771926.1%
Spain24885.4268223-3.5%
Guatemala68937168491.1-49.1%
Mexico20943.619.61.7-79.9%
Others33.129.259.631.1-2.1%
Total4,6123,3064,7004,131-3.6%

Top Suppliers of Concentrated Apple Juice to Panama in 2022:

  1. United States (2213.1 tons)
  2. Chile (568.5 tons)
  3. Guatemala (140.7 tons)
  4. Spain (129.6 tons)
  5. Mexico (2.0 tons)

Concentrated Apple Juice Exports in Panama

In 2022, the amount of concentrated apple juice exported from Panama soared to 24 tons, with an increase of 177% on 2021. Overall, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 223% against the previous year. As a result, the exports attained the peak of 91 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, concentrated apple juice exports skyrocketed to $19K in 2022. Over the period under review, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 273%. As a result, the exports reached the peak of $119K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Concentrated Apple Juice in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
British Indian Ocean TerritoryN/AN/AN/A7.70%
CubaN/AN/AN/A4.40%
CuracaoN/AN/AN/A3.50%
Aruba2.91.07.03.34.4%
VenezuelaN/A20.6N/AN/A0%
Dominican RepublicN/A18.6N/AN/A0%
Colombia24.4N/AN/AN/A0%
El Salvador4.320.0N/AN/A365.1%
UruguayN/A58.9N/AN/A0%
Others0.50.3N/AN/A-40.0%
Total32.01197.019.0-16.0%

Top Export Markets for Concentrated Apple Juice from Panama in 2022:

  1. British Indian Ocean Territory (9.7 tons)
  2. Cuba (5.3 tons)
  3. Curacao (4.9 tons)
  4. Aruba (4.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the concentrated apple juice 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 519 - Apple Juice, Concentrated

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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