Panama: Cauliflower And Broccoli Market 2025

Cauliflower And Broccoli Market Size in Panama

In 2022, the Panamanian cauliflower and broccoli market decreased by -15.2% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a strong increase. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Cauliflower And Broccoli Production in Panama

In value terms, cauliflower and broccoli production totaled $X in 2022 estimated in export price. Over the period under review, production faced a sharp setback. The growth pace was the most rapid in 2016 with an increase of 17% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The average yield of cauliflower and broccoli in Panama stood at less than X kg per ha in 2022, almost unchanged from the previous year. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of cauliflower and broccoli were harvested in Panama; leveling off at 2021. In general, the harvested area showed a relatively flat trend pattern.

Cauliflower And Broccoli Exports

Exports from Panama

Cauliflower and broccoli exports from Panama amounted to X kg in 2019, leveling off at the year before. Over the period under review, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2014 with an increase of 289% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2019, the growth of the exports failed to regain momentum.

In value terms, cauliflower and broccoli exports totaled $X in 2019. Overall, exports showed a precipitous descent. The pace of growth was the most pronounced in 2014 with an increase of 276%. As a result, the exports attained the peak of $X. From 2015 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

Cuba (X kg) was the main destination for cauliflower and broccoli exports from Panama, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of volume to Cuba was relatively modest.

From 2013 to 2019, the average annual growth rate of value to Cuba was relatively modest.

Export Prices by Country

In 2019, the average cauliflower and broccoli export price amounted to $X per ton, remaining constant against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 a decrease of -3.4%. The export price peaked in 2019 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Cuba.

From 2013 to 2019, the rate of growth in terms of prices for Cuba amounted to 0.0% per year.

Cauliflower And Broccoli Imports

Imports into Panama

After two years of growth, overseas purchases of cauliflower and broccoli decreased by -29.4% to X tons in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, cauliflower and broccoli imports fell sharply to $X in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest cauliflower and broccoli supplier to Panama, accounting for a 78% share of total imports. Moreover, cauliflower and broccoli imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fivefold.

From 2013 to 2022, the average annual growth rate of volume from the United States amounted to +118.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+157.7% per year) and Costa Rica (+158.0% per year).

In value terms, the United States ($X) constituted the largest supplier of cauliflower and broccoli to Panama, comprising 82% of total imports. The second position in the ranking was held by Mexico ($X), with a 14% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from the United States stood at +127.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+173.6% per year) and Costa Rica (+165.7% per year).

Import Prices by Country

The average cauliflower and broccoli import price stood at $X per ton in 2022, rising by 20% against the previous year. Overall, the import price recorded a pronounced expansion. As a result, import price attained the peak level and is likely to continue 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 the United States ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform