Price for Plants, Live; Unrooted Cuttings and Slips in Panama - 2023
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in Panama (CIF) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in Panama (FOB) - 2022
- Imports of Plants, Live; Unrooted Cuttings and Slips in Panama
- Exports of Plants, Live; Unrooted Cuttings and Slips in Panama
Price for Plants, Live; Unrooted Cuttings and Slips in Panama (CIF) - 2022
In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, falling by -2.5% against the previous year. Overall, the import price recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 5.9%. As a result, import price reached the peak level of $0.2 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($0.1 per unit), while the price for South Korea ($0.1 per unit) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.1%), while the prices for the other major suppliers experienced a decline.
Price for Plants, Live; Unrooted Cuttings and Slips in Panama (FOB) - 2022
In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.2 per unit, waning by -2.6% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of 42% against the previous year. The export price peaked at $0.4 per unit in 2012; however, from 2013 to 2022, the export prices stood 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 the Netherlands ($0.4 per unit), while the average price for exports to Guatemala amounted to $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+36.6%).
Imports of Plants, Live; Unrooted Cuttings and Slips in Panama
In 2022, overseas purchases of plants, live; unrooted cuttings and slipses decreased by -77.3% to 217K units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 106%. As a result, imports reached the peak of 1M units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of plants, live; unrooted cuttings and slipses declined markedly to $26K in 2022. In general, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, imports attained the peak of $129K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Plants, Live; Unrooted Cuttings and Slips in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.5 | 8.7 | 4.5 | 13.4 | 56.4% |
| Ecuador | N/A | N/A | N/A | 10.7 | 0% |
| South Korea | N/A | N/A | N/A | 1.8 | 0% |
| Nicaragua | 6.6 | 7.9 | 4.1 | N/A | -21.2% |
| Thailand | 47.1 | 92.3 | 90.5 | N/A | 38.6% |
| United States | 0.6 | 4.4 | 6.5 | N/A | 229.1% |
| Taiwan (Chinese) | 0.5 | 0.7 | 0.5 | N/A | 0.0% |
| Honduras | 3.4 | 12.7 | 10.4 | N/A | 74.9% |
| Others | 1.1 | 2.0 | 1.8 | 0.3 | -35.2% |
| Total | 62.7 | 129 | 118 | 26.2 | -25.2% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Panama in 2022:
- Spain (111.4K units)
- Ecuador (88.6K units)
- South Korea (14.6K units)
Exports of Plants, Live; Unrooted Cuttings and Slips in Panama
In 2022, approx. 20K units of plants, live; unrooted cuttings and slipses were exported from Panama; with a decrease of -51% compared with the previous year's figure. In general, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 267% against the previous year. The exports peaked at 55K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of plants, live; unrooted cuttings and slipses dropped significantly to $3.2K in 2022. Overall, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 419% against the previous year. The exports peaked at $7.5K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Plants, Live; Unrooted Cuttings and Slips in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.7 | 0.6 | 2.9 | 2.4 | -20.1% |
| Guatemala | 1.2 | 0.7 | 1.1 | 0.8 | -12.6% |
| El Salvador | 1.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 2.9 | N/A | 0% |
| Total | 7.5 | 1.3 | 6.8 | 3.2 | -24.7% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Panama in 2022:
- Guatemala (13.6K units)
- Netherlands (6.5K units)
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