Panama: Market for Citrus Fruits Not Elsewhere Classified 2025

Market Size for Citrus Fruits Not Elsewhere Classified in Panama

The Panamanian market for citrus fruits not elsewhere classified amounted to less than $X in 2022, approximately reflecting the previous year. Over the period under review, consumption posted buoyant growth. The growth pace was the most rapid in 2019 with a decrease of 99.9% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Citrus Fruits Not Elsewhere Classified in Panama

In value terms, citrus fruits not elsewhere classified production amounted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1,008,900%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average citrus fruits not elsewhere classified yield in Panama totaled less than X kg per ha, remaining stable against 2021 figures. Overall, the yield recorded 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.

The citrus fruits not elsewhere classified harvested area in Panama totaled less than X ha in 2022, remaining constant against the previous year. Overall, the harvested area saw a relatively flat trend pattern.

Exports of Citrus Fruits Not Elsewhere Classified

Exports from Panama

In 2018, overseas shipments of citrus fruits not elsewhere classified decreased by 0% to X tons for the first time since 2015, thus ending a two-year declining trend. In general, exports continue to indicate a precipitous descent. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2018, the exports stood at a somewhat lower figure.

In value terms, citrus fruits not elsewhere classified exports stood at $X in 2018. Overall, exports saw a precipitous decline. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2018, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for citrus fruits not elsewhere classified exports from Panama, with a approx. 100% share of total exports.

From 2015 to 2018, the average annual rate of growth in terms of volume to Poland was relatively modest.

From 2015 to 2018, the average annual rate of growth in terms of value to Poland was relatively modest.

Export Prices by Country

In 2018, the average export price for citrus fruits not elsewhere classified amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9%. The export price peaked in 2018 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 Poland.

From 2015 to 2018, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

Imports of Citrus Fruits Not Elsewhere Classified

Imports into Panama

In 2022, supplies from abroad of citrus fruits not elsewhere classified increased by 28% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports saw a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 207% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, citrus fruits not elsewhere classified imports skyrocketed to $X in 2022. In general, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 263%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) was the main supplier of citrus fruits not elsewhere classified to Panama, with a 99% share of total imports. It was followed by the United States (X kg), with a 0.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of citrus fruits not elsewhere classified to Panama, comprising 98% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain was relatively modest.

Import Prices by Country

In 2022, the average import price for citrus fruits not elsewhere classified amounted to $X per ton, declining by -3.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 82% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices 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 Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.0%).

Source: IndexBox Platform