Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Panama - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Panama (CIF) - 2022
  2. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Panama

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Panama (CIF) - 2022

In 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $4,225 per ton, with an increase of 21% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($4,800 per ton), while the price for the United States totaled $4,041 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.5%).

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Panama

In 2022, overseas purchases of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -5.3% to 19 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds rose markedly to $82K in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States36.845.167.359.417.3%
Mexico2.36.34.022.6114.2%
OthersN/AN/AN/AN/A0%
Total39.151.471.382.028.0%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Panama in 2022:

  1. United States (14.7 tons)
  2. Mexico (4.7 tons)

Source: IndexBox Market Intelligence Platform

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