Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama - 2023
Contents:
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama (CIF) - 2022
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama (FOB) - 2022
- Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama
- Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama (CIF) - 2022
The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $2,365 per ton in 2022, with a decrease of -1.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. The import price peaked at $3,003 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($2,837 per ton), while the price for Free Zones ($1,326 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama (FOB) - 2022
In 2022, the average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $2,418 per ton, remaining stable against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 12%. As a result, the export price reached the peak level of $3,084 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +9.5% per year.
Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama
In 2022, approx. 170 tons of leguminous vegetables; shelled or unshelled, fresh or chilleds were imported into Panama; approximately mirroring 2021 figures. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 71%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds fell modestly to $402K in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. As a result, imports reached the peak of $408K, and then reduced slightly in the following year.
| Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 143 | 119 | 236 | 228 | 16.8% |
| China | 5.5 | 27.2 | 87.3 | 137 | 192.0% |
| Free Zones | 12.0 | 9.3 | 6.2 | 33.8 | 41.2% |
| Canada | 18.9 | 18.3 | 19.5 | N/A | 1.6% |
| Brazil | 22.4 | 24.8 | 33.5 | N/A | 22.3% |
| Others | 25.0 | 33.7 | 25.5 | 4.2 | -44.8% |
| Total | 227 | 232 | 408 | 402 | 21.0% |
Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Panama in 2022:
- Guatemala (80.2 tons)
- China (63.3 tons)
- Free Zones (25.5 tons)
Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama
In 2022, the amount of leguminous vegetables; shelled or unshelled, fresh or chilleds exported from Panama rose sharply to 20 tons, surging by 11% on 2021. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds expanded sharply to $49K in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, the exports reached the peak of $54K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 30.1 | 36.2 | 23.7 | 26.4 | -4.3% |
| Netherlands | 6.0 | N/A | N/A | N/A | 0% |
| Others | 9.6 | 18.0 | 20.3 | 22.7 | 33.2% |
| Total | 45.8 | 54.2 | 44.0 | 49.1 | 2.3% |
Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Panama in 2022:
- Venezuela (10.9 tons)
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