Panama - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIce Cream Price in Panama - 2023
Contents:
- Ice Cream Price in Panama (CIF) - 2023
- Ice Cream Price in Panama (FOB) - 2022
- Ice Cream Imports in Panama
- Ice Cream Exports in Panama
Ice Cream Price in Panama (CIF) - 2023
The average ice cream import price stood at $4,411 per ton in July 2023, shrinking by -21.6% against the previous month. In general, import price indicated a slight increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, ice cream import price increased by +14.2% against May 2023 indices. The pace of growth appeared the most rapid in October 2022 an increase of 51% against the previous month. Over the period under review, average import prices attained the maximum at $5,626 per ton in June 2023, and then contracted remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($10,676 per ton), while the price for Mexico ($2,072 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ice Cream Price in Panama (FOB) - 2022
In 2022, the average ice cream export price amounted to $4,000 per ton, declining by -8.7% against the previous year. Overall, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2021 an increase of 220%. Over the period under review, the average export prices attained the peak figure at $8,957 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +6.7% per year.
Ice Cream Imports in Panama
In 2022, approx. 1.3K tons of ice cream were imported into Panama; which is down by -10.9% on 2021 figures. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.
In value terms, ice cream imports declined to $5.1M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The smallest decline of -4.3% was in 2021.
Import of Ice Cream in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.0 | 2.2 | 3.1 | 2.2 | 3.2% |
Mexico | N/A | N/A | 0.7 | 1.3 | 85.7% |
France | 0.9 | 1.0 | 1.1 | 1.3 | 13.0% |
Costa Rica | 6.9 | 2.9 | 0.7 | 0.2 | -69.3% |
Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
Total | 9.8 | 6.1 | 5.8 | 5.1 | -19.6% |
Top Suppliers of Ice Cream to Panama in 2022:
- Mexico (683.5 tons)
- United States (358.0 tons)
- France (133.6 tons)
- Costa Rica (113.8 tons)
Ice Cream Exports in Panama
In 2022, after two years of growth, there was significant decline in overseas shipments of ice cream, when their volume decreased by -99.4% to 4 kg. Overall, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 251%. As a result, the exports reached the peak of 726 kg, and then fell remarkably in the following year.
In value terms, ice cream exports reduced markedly to $16 in 2022. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 1,023%. As a result, the exports reached the peak of $3.2K, and then dropped dramatically in the following year.
Export of Ice Cream in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Barbados | 0.2 | N/A | N/A | 0% | |
Aruba | N/A | 3.1 | N/A | 0% | |
Namibia | N/A | N/A | N/A | 0% | |
Others | 0.1 | 0.1 | N/A | 0.0% | |
Total | 0.3 | 3.2 | N/A | 966.7% |
Top Export Markets for Ice Cream from Panama in 2022:
- Namibia (4.0 kg)
This report provides an in-depth analysis of the ice cream market 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:
- Prodcom 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the ice cream market in Panama.
This report provides an in-depth analysis of the global ice cream market.
This report provides an in-depth analysis of the ice cream market in Panama.
This report provides an in-depth analysis of the global ice cream market.
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...