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

Panama - Pineapple Juice - Market Analysis, Forecast, Size, Trends and Insights

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Price for Pineapple Juice (Single Strength) in Panama - 2023

Contents:

  1. Price for Pineapple Juice (Single Strength) in Panama (CIF) - 2023
  2. Price for Pineapple Juice (Single Strength) in Panama (FOB) - 2022
  3. Imports of Pineapple Juice (Single Strength) in Panama
  4. Exports of Pineapple Juice (Single Strength) in Panama

Price for Pineapple Juice (Single Strength) in Panama (CIF) - 2023

In November 2023, the average pineapple juice (single strength) import price amounted to $739 per ton, picking up by 3.9% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 8.6% m-o-m. Over the period under review, average import prices hit record highs at $824 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Costa Rica ($789 per ton), while the price for El Salvador ($603 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by El Salvador (-0.8%), while the prices for the other major suppliers experienced a decline.

Price for Pineapple Juice (Single Strength) in Panama (FOB) - 2022

In 2022, the average pineapple juice (single strength) export price amounted to $751 per ton, leveling off at the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 6.2% against the previous year. Over the period under review, the average export prices attained the maximum at $1,667 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Barbados ($761 per ton), while the average price for exports to British Indian Ocean Territory ($750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength) in Panama

Pineapple juice (single strength) imports into Panama amounted to 621 tons in 2022, with an increase of 2.4% against the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, pineapple juice (single strength) imports skyrocketed to $464K in 2022. In general, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Pineapple Juice (Single Strength) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala400187302383-1.4%
El Salvador27.123.436.347.020.1%
Costa Rica1.60.1N/A34.2177.5%
MexicoN/A23.459.7N/A155.1%
Others1.01.8N/AN/A80.0%
Total4302353984642.6%

Top Suppliers of Pineapple Juice (Single Strength) to Panama in 2022:

  1. Guatemala (512.5 tons)
  2. El Salvador (69.1 tons)
  3. Costa Rica (39.3 tons)

Exports of Pineapple Juice (Single Strength) in Panama

In 2022, the amount of pineapple juice (single strength) exported from Panama soared to 6.5 tons, jumping by 750% against the year before. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pineapple juice (single strength) exports soared to $4.9K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Pineapple Juice (Single Strength) in Panama (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
British Indian Ocean TerritoryN/AN/A3.50%
Aruba0.60.60.922.5%
BarbadosN/AN/A0.50%
OthersN/AN/AN/A0%
Total0.60.64.9185.8%

Top Export Markets for Pineapple Juice (Single Strength) from Panama in 2022:

  1. British Indian Ocean Territory (4.6 tons)
  2. Aruba (1.2 tons)
  3. Barbados (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pineapple juice (single strength) 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 576 - Juice of Pineapples

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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