Preserved Frozen Potato Market Size in Panama
The Panamanian preserved frozen potato market skyrocketed to $X in 2024, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, consumption saw a strong increase. Preserved frozen potato consumption peaked in 2024 and is expected to retain growth in the near future.
Preserved Frozen Potato Exports
Exports from Panama
In 2024, the amount of frozen potatoes prepared or preserved exported from Panama fell sharply to X kg, reducing by X% compared with the year before. Overall, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2024, the exports remained at a lower figure.
In value terms, preserved frozen potato exports fell to $X in 2024. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2024, the exports remained at a lower figure.
Exports by Country
Guatemala (X tons) was the main destination for preserved frozen potato exports from Panama, with a approx. X% share of total exports.
From 2012 to 2015, the average annual rate of growth in terms of volume to Guatemala was relatively modest.
In value terms, Guatemala ($X) emerged as the key foreign market for frozen potatoes prepared or preserved exports from Panama.
From 2012 to 2015, the average annual growth rate of value to Guatemala was relatively modest.
Export Prices by Country
The average preserved frozen potato export price stood at $X per ton in 2015, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2015, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2015, the rate of growth in terms of prices for Venezuela amounted to X% per year.
Preserved Frozen Potato Imports
Imports into Panama
In 2024, the amount of frozen potatoes prepared or preserved imported into Panama stood at X tons, growing by X% against 2023. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2024 and are likely to continue growth in the near future.
In value terms, preserved frozen potato imports soared to $X in 2024. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2024 and are expected to retain growth in the immediate term.
Imports by Country
Belgium (X tons), Canada (X tons) and the Netherlands (X tons) were the main suppliers of preserved frozen potato imports to Panama, with a combined X% share of total imports. The United States, France and Germany lagged somewhat behind, together comprising a further X%.
From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest preserved frozen potato suppliers to Panama were Canada ($X), Belgium ($X) and the United States ($X), with a combined X% share of total imports.
In terms of the main suppliers, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average preserved frozen potato import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
The countries with the highest volumes of consumption in 2024 were China, the United States and India, with a combined 44% share of global consumption. The UK, Russia, Brazil, Belgium, Turkey, Germany and the Netherlands lagged somewhat behind, together accounting for a further 24%.
The countries with the highest volumes of production in 2024 were China, Belgium and the United States, together accounting for 46% of global production.
In value terms, the largest preserved frozen potato suppliers to Panama were Canada, Belgium and the United States, with a combined 75% share of total imports.
In value terms, Guatemala emerged as the key foreign market for frozen potatoes prepared or preserved exports from Panama.
In 2015, the average preserved frozen potato export price amounted to $1,719 per ton, jumping by 92% against the previous year. In general, the export price, however, showed a deep downturn. Over the period under review, the average export prices reached the maximum at $2,646 per ton in 2012; however, from 2013 to 2015, the export prices remained at a lower figure.
The average preserved frozen potato import price stood at $1,229 per ton in 2022, rising by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
This report provides an in-depth analysis of the preserved frozen potato market 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 10311130 – Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)
Country coverage:
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:
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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.
