Frozen Catfish Fillet Price in Panama - 2023
Contents:
- Frozen Catfish Fillet Price in Panama (CIF) - 2022
- Frozen Catfish Fillet Price in Panama (FOB) - 2022
- Frozen Catfish Fillet Imports in Panama
- Frozen Catfish Fillet Exports in Panama
Frozen Catfish Fillet Price in Panama (CIF) - 2022
In 2022, the average frozen catfish fillet import price amounted to $2,546 per ton, increasing by 38% against the previous year. Over the last five-year period, it increased at an average annual rate of +3.2%. The import price peaked at $2,578 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2017 to 2022, the rate of growth in terms of prices for Vietnam amounted to +3.2% per year.
Frozen Catfish Fillet Price in Panama (FOB) - 2022
In 2022, the average frozen catfish fillet export price amounted to $3,171 per ton, almost unchanged from the previous year. In general, the export price posted strong growth. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2015 to 2022, the rate of growth in terms of prices for Germany amounted to +17.8% per year.
Frozen Catfish Fillet Imports in Panama
Frozen catfish fillet imports into Panama dropped to 1.8K tons in 2022, shrinking by -14.8% compared with the previous year's figure. Over the period under review, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 76%. As a result, imports attained the peak of 2.1K tons, and then contracted in the following year.
In value terms, frozen catfish fillet imports surged to $4.6M in 2022. Overall, imports showed a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year.
| Import of Frozen Catfish Fillet in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.9 | 2.2 | 2.1 | 4.6 | -2.1% |
| Others | 0.1 | 0.3 | 1.8 | N/A | 324.3% |
| Total | 5.0 | 2.5 | 3.9 | 4.6 | -2.7% |
Top Suppliers of Frozen Catfish Fillet to Panama in 2022:
- Vietnam (1.8K tons)
Frozen Catfish Fillet Exports in Panama
Frozen catfish fillet exports from Panama totaled 15 tons in 2022, remaining stable against the previous year. In general, exports posted a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, frozen catfish fillet exports totaled $46K in 2022. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Frozen Catfish Fillet in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 7.4 | N/A | 46.5 | 150.7% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 7.4 | N/A | 46.5 | 150.7% | |
Top Export Markets for Frozen Catfish Fillet from Panama in 2022:
- Germany (14.7 tons)
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