Panama - Starch other than Wheat, Corn or Potato - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Starch Other than Wheat, Corn or Potato in Panama - 2023
Contents:
- Price for Starch Other than Wheat, Corn or Potato in Panama (CIF) - 2023
- Price for Starch Other than Wheat, Corn or Potato in Panama (FOB) - 2022
- Imports of Starch Other than Wheat, Corn or Potato in Panama
- Exports of Starch Other than Wheat, Corn or Potato in Panama
Price for Starch Other than Wheat, Corn or Potato in Panama (CIF) - 2023
The average import price for starch other than wheat, corn or potato stood at $983 per ton in July 2023, with a decrease of -8.9% against the previous month. In general, the import price showed a perceptible contraction. The pace of growth was the most pronounced in September 2022 an increase of 52% m-o-m. Over the period under review, average import prices hit record highs at $1,865 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Guatemala ($3,999 per ton), while the price for the Netherlands ($595 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Paraguay (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Starch Other than Wheat, Corn or Potato in Panama (FOB) - 2022
The average export price for starch other than wheat, corn or potato stood at $2,193 per ton in 2022, approximately equating the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 51%. The export price peaked at $9,265 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,297 per ton), while the average price for exports to Free Zones ($2,170 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced a decline.
Imports of Starch Other than Wheat, Corn or Potato in Panama
In 2022, purchases abroad of starch other than wheat, corn or potato decreased by -0.9% to 1.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 3.4% against the previous year. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of starch other than wheat, corn or potato soared to $1.4M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Starch Other than Wheat, Corn or Potato in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 255 | 115 | 200 | 457 | 21.5% |
Brazil | 0.3 | 140 | 160 | 342 | 944.6% |
Guatemala | 292 | 342 | 395 | 276 | -1.9% |
Paraguay | 43.0 | 108 | 48.3 | 141 | 48.6% |
Colombia | 113 | 165 | 138 | 73.3 | -13.4% |
Netherlands | 27.2 | 7.9 | 22.4 | 33.9 | 7.6% |
Nicaragua | 180 | 77.0 | 41.7 | N/A | -51.9% |
Thailand | 146 | 156 | 65.6 | N/A | -33.0% |
Others | 47.9 | 44.2 | 34.7 | 32.4 | -12.2% |
Total | 1,103 | 1,155 | 1,107 | 1,356 | 7.1% |
Top Suppliers of Starch Other than Wheat, Corn or Potato to Panama in 2022:
- Denmark (445.5 tons)
- Brazil (310.9 tons)
- Paraguay (112.0 tons)
- Guatemala (89.4 tons)
- Colombia (58.6 tons)
- Netherlands (58.2 tons)
Exports of Starch Other than Wheat, Corn or Potato in Panama
In 2022, the amount of starch other than wheat, corn or potato exported from Panama soared to 159 tons, growing by 40% compared with 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of starch other than wheat, corn or potato surged to $348K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 141% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
Export of Starch Other than Wheat, Corn or Potato in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cuba | N/A | N/A | 155 | 207 | 33.5% |
Free Zones | N/A | N/A | N/A | 77.5 | 0% |
United States | 86.5 | 91.5 | 96.4 | 64.2 | -9.5% |
Ecuador | 12.2 | 13.3 | N/A | N/A | 9.0% |
Colombia | 4.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 0.8 | N/A | 0% |
Total | 103 | 105 | 252 | 348 | 50.1% |
Top Export Markets for Starch Other than Wheat, Corn or Potato from Panama in 2022:
- Cuba (95.2 tons)
- Free Zones (35.7 tons)
- United States (27.9 tons)
This report provides an in-depth analysis of the market for starch other than wheat, corn or potato 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 10621119 - Starches (including rice, manioc, arrowroot and sago palm pith) (excluding wheat, maize (corn) and potato)
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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Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...