Panama: Raspberry And Blackberry Market 2025

Raspberry And Blackberry Market Size in Panama

The Panamanian raspberry and blackberry market surged to $X in 2022, rising by 145% against the previous year. Overall, consumption saw a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Raspberry And Blackberry Production in Panama

In value terms, raspberry and blackberry production stood at less than $X in 2022 estimated in export price. In general, production recorded significant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 28% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The average yield of raspberries and blackberries in Panama stood at less than X kg per ha in 2022, approximately reflecting the year before. Over the period under review, the yield showed 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, the raspberry and blackberry harvested area in Panama amounted to less than X ha, standing approx. at the year before. Overall, the harvested area recorded a relatively flat trend pattern.

Raspberry And Blackberry Exports

Exports from Panama

In 2022, shipments abroad of raspberries and blackberries was finally on the rise to reach X kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by 95%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, raspberry and blackberry exports skyrocketed to $X in 2022. Overall, exports, however, saw a mild setback. The pace of growth appeared the most rapid in 2016 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Switzerland (X kg) was the main destination for raspberry and blackberry exports from Panama, accounting for a 90% share of total exports. Moreover, raspberry and blackberry exports to Switzerland exceeded the volume sent to the second major destination, Germany (X kg), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland amounted to -3.4%.

In value terms, Switzerland ($X) remains the key foreign market for raspberries and blackberries exports from Panama, comprising 72% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Switzerland amounted to -4.3%.

Export Prices by Country

In 2022, the average raspberry and blackberry export price amounted to $X per ton, with a decrease of -1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 an increase of 19%. The export price peaked at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Switzerland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.3%).

Raspberry And Blackberry Imports

Imports into Panama

In 2022, purchases abroad of raspberries and blackberries increased by 12% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a buoyant expansion from 2017 to 2022: its volume increased at an average annual rate of +10.7% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.7% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 63%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, raspberry and blackberry imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 83% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States (X tons) and Mexico (X tons) were the main suppliers of raspberry and blackberry imports to Panama.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +18.8%).

In value terms, the United States ($X) and Mexico ($X) constituted the largest raspberry and blackberry suppliers to Panama.

The United States, with a CAGR of +31.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average raspberry and blackberry import price stood at $X per ton in 2022, growing by 8.9% against the previous year. Overall, import price indicated a buoyant increase from 2017 to 2022: its price increased at an average annual rate of +11.2% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, raspberry and blackberry import price increased by +70.0% against 2017 indices. The growth pace was the most rapid in 2019 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for the United States totaled $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform