Price for Uncooked Pasta Not Containing Eggs in Panama - 2023

Contents:

  1. Price for Uncooked Pasta Not Containing Eggs in Panama (CIF) - 2023
  2. Price for Uncooked Pasta Not Containing Eggs in Panama (FOB) - 2022
  3. Imports of Uncooked Pasta Not Containing Eggs in Panama
  4. Exports of Uncooked Pasta Not Containing Eggs in Panama

Price for Uncooked Pasta Not Containing Eggs in Panama (CIF) - 2023

In September 2023, the average import price for uncooked pasta not containing eggs amounted to $1,605 per ton, picking up by 24% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 25% m-o-m. The import price peaked at $1,904 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,854 per ton), while the price for Peru ($999 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced a decline.

Price for Uncooked Pasta Not Containing Eggs in Panama (FOB) - 2022

The average export price for uncooked pasta not containing eggs stood at $1,299 per ton in 2022, jumping by 34% against the previous year. In general, the export price, however, faced a abrupt contraction. The export price peaked at $4,426 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cuba ($1,606 per ton) and Costa Rica ($1,350 per ton), while the average price for exports to the United States ($1,139 per ton) and Honduras ($1,258 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Uncooked Pasta Not Containing Eggs in Panama

After three years of growth, overseas purchases of uncooked pasta not containing eggs decreased by -47.6% to 5.8K tons in 2022. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 38%.

In value terms, uncooked pasta not containing eggs imports fell sharply to $9M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year.

Import of Uncooked Pasta Not Containing Eggs in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru2.03.44.62.46.3%
United States1.92.12.62.13.4%
Italy1.71.51.71.93.8%
Costa Rica0.60.80.70.914.5%
China0.60.70.80.75.3%
Mexico0.70.70.40.4-17.0%
Turkey0.50.90.70.2-26.3%
Others0.60.50.50.4-12.6%
Total8.710.711.99.01.1%

Top Suppliers of Uncooked Pasta Not Containing Eggs to Panama in 2022:

  1. Peru (2349.7 tons)
  2. Italy (883.3 tons)
  3. China (589.5 tons)
  4. United States (532.2 tons)
  5. Costa Rica (464.7 tons)
  6. Turkey (380.9 tons)
  7. Mexico (255.2 tons)

Exports of Uncooked Pasta Not Containing Eggs in Panama

In 2022, after two years of decline, there was significant growth in shipments abroad of uncooked pasta not containing eggs, when their volume increased by 329% to 421 tons. Overall, exports, however, recorded a abrupt decline.

In value terms, uncooked pasta not containing eggs exports soared to $547K in 2022. Over the period under review, exports, however, recorded a noticeable contraction.

Export of Uncooked Pasta Not Containing Eggs in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa RicaN/A63.125.1292115.1%
United States38.252.370.113753.1%
HondurasN/A0.5N/A67.81064.5%
Cuba41039.0N/A41.0-53.6%
Venezuela41.7N/AN/AN/A0%
Colombia16.18.6N/AN/A-46.6%
Others96.153.2N/A8.8-54.9%
Total60321795.2547-3.2%

Top Export Markets for Uncooked Pasta Not Containing Eggs from Panama in 2022:

  1. Costa Rica (216.6 tons)
  2. United States (120.0 tons)
  3. Honduras (53.9 tons)
  4. Cuba (25.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Uncooked Pasta (Not Containing Eggs) - Panama