Panama - Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPanama: Market for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine 2024
Market Size for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Panama
For the third year in a row, the Panamanian market for prepared or preserved fish and dishes other than dried, smoked, salted or in brine recorded decline in sales value, which decreased by X% to $X in 2023. In general, the total consumption indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.
Production of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Panama
In value terms, production of prepared or preserved fish and dishes other than dried, smoked, salted or in brine shrank modestly to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.
Exports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine
Exports from Panama
In 2023, approx. X tons of prepared or preserved fish and dishes other than dried, smoked, salted or in brine were exported from Panama; increasing by X% compared with 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine soared to $X in 2023. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Guatemala (X tons), El Salvador (X tons) and Costa Rica (X tons) were the main destinations of exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Panama, with a combined X% share of total exports. Honduras, the Dominican Republic, Nicaragua and Antigua and Barbuda lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Nicaragua (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Guatemala ($X), Costa Rica ($X) and El Salvador ($X) were the largest markets for prepared or preserved fish and dishes exported from Panama worldwide, together accounting for X% of total exports. Honduras, the Dominican Republic, Nicaragua and Antigua and Barbuda lagged somewhat behind, together comprising a further X%.
Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2023 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Costa Rica ($X per ton) and the Dominican Republic ($X per ton), while the average price for exports to El Salvador ($X per ton) and Nicaragua ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine
Imports into Panama
For the third consecutive year, Panama recorded decline in supplies from abroad of prepared or preserved fish and dishes other than dried, smoked, salted or in brine, which decreased by X% to X tons in 2023. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports of attained the peak figure at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine dropped to $X in 2023. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.
Imports by Country
Thailand (X tons), China (X tons) and Peru (X tons) were the main suppliers of imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine to Panama, together accounting for X% of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Thailand ($X), Costa Rica ($X) and China ($X) constituted the largest prepared or preserved fish and dishes suppliers to Panama, with a combined X% share of total imports.
In terms of the main suppliers, Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $X per ton, leveling off at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was El Salvador ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for prepared or preserved fish and dishes 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 10851200 - Prepared meals and dishes based on fish, crustaceans and molluscs
- Prodcom 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202530 - Prepared or preserved sardines, sardinella, brisling and sprats, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)
- Prodcom 10202580 - Other fish, prepared or preserved, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202590 - Prepared or preserved fish (excluding whole or in pieces and prepared meals and dishes)
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
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