What is the price of pepper per kilogram/pound in Panama today?
The retail price range for Panama pepper is between US$ 5.20 and US$ 6.03 per kilogram or between US$ 2.36 and US$ 2.73 per pound(lb). Click here to see today's exact prices of pepper in Panama
The retail price range in US Dollar for pepper is between USD 5.20 and USD 6.03 per kilogram or between USD 2.36 and USD 2.73 per pound(lb) in Panama City and Colón.
Wholesale prices
In 2024, the approximate wholesale price range for Panama pepper is between US$ 3.64 and US$ 4.22 per kilogram or between US$ 1.65 and US$ 1.91 per pound(lb).
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Prices of other produce in the Herbs and Spices category in Panama: Garlic, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of pepper in other countries across Central America: Belize pepper, Costa Rica pepper, El Salvador pepper, Guatemala pepper, Honduras pepper, Mexico pepper, Nicaragua pepper & Panama pepper.
Panama pepper - Production, Exports, Imports, Seasons and HS Codes
In 2019 Panama shipped 2 tonnes of pepper. For the year 2019 alone, the interest in Panama pepper (herbs and spices category) has gone down, flactuating by -60 per cent compared to the year 2018. Between 2017 and 2019, pepper's exports went down by -33.33 pc earning the exporter US$0.02m for the year 2019. Panama's pepper exports are classified as:
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
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Panama pepper export values
In 2019, Panama exported pepper valued at 0.02m USD, a decrease of -65.52% from 2018's total pepper export of 0.058m USD. The yearly change in value of Panama pepper between 2017 to 2018 was 205.263 pc.
The yearly change in the quantity of Panama's pepper exports between 2017 and 2019 was -33.33 per cent in comparison to a variation of -60% in the period between 2018 and 2019.
Panama's stake of the world's total pepper's exports in 2019 was less than 1%. Panama holds position 32 in world exports of pepper.
Export markets for Panama pepper ( in '000$ )
Panama's top export markets for pepper are Norway, El Salvador, Hong Kong, US and Canada.
Import/Export Trends
Panama is a net exporter of pepper. The annual growth of Panama pepper in value between 2015 to 2019 was 25%, per annum, while annual growth in quantity during the same period was 26%, per annum.
Panama procured 285 tonnes of pepper in 2019.
Production
The production of pepper in Panama was 6,576 tonnes in 2019 and is projected to change by an average of -9.31%. The country had approximately 363.00 hectares under pepper cultivation.