Price for Wilkings and Smilar Citrus Hybrid in Panama - 2023
Contents:
- Price for Wilkings and Smilar Citrus Hybrid in Panama (CIF) - 2022
- Imports of Wilkings and Smilar Citrus Hybrid in Panama
Price for Wilkings and Smilar Citrus Hybrid in Panama (CIF) - 2022
The average import price for fruit, edible stood at $1,414 per ton in 2022, increasing by 2.1% against the previous year. Overall, import price indicated a buoyant expansion from 2017 to 2022: its price increased at an average annual rate of +5.6% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wilkings and smilar citrus hybrid import price increased by +46.9% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 61% against the previous year. As a result, import price attained the peak level of $1,738 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,480 per ton), while the price for Peru amounted to $1,405 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.0%).
Imports of Wilkings and Smilar Citrus Hybrid in Panama
In 2022, imports of fruit, edible into Panama surged to 427 tons, growing by 217% against 2021 figures. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 670% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, wilkings and smilar citrus hybrid imports soared to $604K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,008%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Wilkings and Smilar Citrus Hybrid in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 86.1 | 11.5 | 97.3 | 530 | 83.3% |
| Spain | 9.7 | 2.7 | 44.6 | 73.9 | 96.8% |
| Others | 9.7 | 2.7 | 44.9 | N/A | 115.1% |
| Total | 106 | 16.9 | 187 | 604 | 78.6% |
Top Suppliers of Wilkings and Smilar Citrus Hybrid to Panama in 2022:
- Peru (377.2 tons)
- Spain (49.9 tons)
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