Panama - Citrus Fruits, Nes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPanama: Market for Citrus Fruits Not Elsewhere Classified 2024
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
This report provides an in-depth analysis of the market for citrus fruits not elsewhere classified 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:
- FCL 512 - Citrus fruit nes
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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