Potatoes Prices in Panama
| Variety | Market level | Price (US$/kg) | Local (USD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Farmgate | 1.07 | — | ▲ 14.9% | ▲ 14.9% | FAOSTAT Producer Prices |
As of January 2023, the potatoes price in Panama is US$ 1.07 per kg, up 14.9% year-on-year.
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Potatoes Price History & Trend
Monthly potatoes price, US$ per kg — the line grows each month as we record it. Source: FAOSTAT Producer Prices.
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Use this data freely with attribution to Selina Wamucii.
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Panama potatoes - Production, Exports, Imports, Seasons and HS Codes
In 2019 Panama shipped 57 tonnes of potatoes. In 2019 alone, the demand for Panama potatoes (tubers category) has increased, changing by 21.277 per cent compared to the year 2018. Between 2017 and 2019, potatoes' exports decreased by -81.06 percent earning Panama US$0.13m for the year 2019. Panama's potatoes exports are classified as:
- Potatoes, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200520)
- Fresh or chilled potatoes (excluding seed) (HS code 070190)
- Potatoes, uncooked or cooked by steaming or by boiling in water, frozen (HS code 071010)
- Potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen (HS code 200410)
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Panama potatoes export values
In 2019, Panama sold potatoes with a value of 0.13m USD, a drop of -32.29% from 2018's total potatoes export of 0.192m USD. The yearly reduction in value of Panama potatoes between 2017 to 2018 was -83.96 per cent.
The annual/yearly change in the volume of Panama's potatoes exports between 2017 and 2019 was -81.06 percent compared to a variation of 21.277% in the period between 2018 and 2019.
Panama's share of the world's total potatoes' exports in 2019 was less than 1%. The country is ranked number 30 in world exports of potatoes.
Export markets for Panama potatoes ( in '000$ )
Panama's leading destinations for potatoes are Senegal, Mauritius, Venezuela, Guyana and Colombia.
Import/Export Trends
Panama is a net exporter of potatoes. The annual growth of Panama potatoes in value between 2015 to 2019 was -23%, per annum, while annual growth in quantity during the same period was -24%, per annum.
Panama imported 30,289 tonnes of potatoes in 2019.
Production
The production of potatoes in Panama was 103,868 tonnes in 2019 and is forecast to change by an average of 10.87%. The country had an estimated 4,200.00 hectares under potatoes cultivation.