Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Panama - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Panama (CIF) - 2023
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Panama (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Panama
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Panama
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Panama (CIF) - 2023
In November 2023, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $608K per ton, growing by 139% against the previous month. In general, the import price saw a remarkable increase. The pace of growth was the most pronounced in March 2023 when the average import price increased by 409% against the previous month. As a result, import price attained the peak level of $2,588 per kg. From April 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Peru ($4.3M per ton), while the price for the Netherlands ($382K 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 Spain (+231.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Panama (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $7,334 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 108%. As a result, the export price attained the peak level of $22,931 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Suriname ($22,500 per ton), while the average price for exports to Venezuela ($1,191 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 Suriname (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Panama
After three years of growth, purchases abroad of seed; vegetable seed, of a kind used for sowings decreased by -29.8% to 8.1 tons in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 9.7% against the previous year.
In value terms, imports of seed; vegetable seed, of a kind used for sowings declined markedly to $2.4M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 46%.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 219 | 248 | 599 | 760 | 51.4% |
| United States | 471 | 468 | 811 | 340 | -10.3% |
| China | 85.1 | 219 | 284 | 270 | 46.9% |
| Peru | 141 | 75.5 | 66.9 | 207 | 13.7% |
| Argentina | 344 | 459 | 401 | 145 | -25.0% |
| Thailand | 28.5 | 194 | 173 | 144 | 71.6% |
| Chile | 163 | 389 | 411 | 102 | -14.5% |
| Australia | 56.5 | 106 | 152 | 98.3 | 20.3% |
| Italy | 15.4 | 66.7 | 26.9 | 16.8 | 2.9% |
| Germany | 48.3 | 53.9 | 64.5 | N/A | 15.6% |
| Others | 298 | 449 | 464 | 285 | -1.5% |
| Total | 1,870 | 2,728 | 3,452 | 2,368 | 8.2% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Panama in 2022:
- United States (2059.0 kg)
- Netherlands (1903.0 kg)
- Peru (696.0 kg)
- Australia (624.0 kg)
- Argentina (479.0 kg)
- Thailand (465.0 kg)
- Italy (399.0 kg)
- China (358.0 kg)
- Chile (298.0 kg)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Panama
In 2022, shipments abroad of seed; vegetable seed, of a kind used for sowings decreased by 0% to 788 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 4.9%. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of seed; vegetable seed, of a kind used for sowings totaled $5.8K in 2022. In general, exports saw a precipitous shrinkage. The smallest decline of -2.2% was in 2020.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 5.6 | 6.7 | N/A | 2.7 | -21.6% |
| Venezuela | 0.7 | 1.1 | N/A | 0.7 | 0.0% |
| Guyana | 0.5 | 0.7 | N/A | 0.4 | -7.2% |
| Costa Rica | 1.0 | 0.1 | N/A | 0.3 | -33.1% |
| Trinidad and Tobago | 0.6 | 0.7 | N/A | 0.3 | -20.6% |
| Suriname | 0.5 | 0.6 | N/A | 0.2 | -26.3% |
| Senegal | 2.0 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 1.6 | N/A | 1.1 | 3.2% |
| Total | 11.8 | 11.6 | N/A | 5.8 | -21.1% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Panama in 2022:
- Venezuela (592.0 kg)
- Guatemala (122.0 kg)
- Guyana (21.0 kg)
- Costa Rica (17.0 kg)
- Trinidad and Tobago (15.0 kg)
- Suriname (10.0 kg)
497
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Panama.
2286
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
497
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Panama.
2286
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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1127
Global palm kernel consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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In 2015, the countries with the highest levels of palm kernel production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
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