Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Panama - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Panama (CIF) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Panama
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Panama (CIF) - 2022
In 2022, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $11,645 per ton, growing by 16% against the previous year. Overall, the import price saw a resilient expansion. The growth pace was the most rapid in 2017 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($12,373 per ton), while the price for the United States amounted to $8,446 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+14.0%).
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Panama
In 2022, supplies from abroad of meat of sheep or goats; fresh, chilled or frozen was finally on the rise to reach 52 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a pronounced shrinkage.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $600K in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 188 | 209 | 256 | 529 | 41.2% |
| United States | 337 | 211 | 163 | 68.3 | -41.3% |
| Argentina | N/A | N/A | 10.5 | 2.8 | -73.3% |
| Others | 25.6 | 11.5 | N/A | N/A | -55.1% |
| Total | 550 | 431 | 429 | 600 | 2.9% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Panama in 2022:
- Chile (42.7 tons)
- United States (8.1 tons)
- Argentina (0.7 tons)
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