What is the price of rice per kilogram/pound in Panama today?
The retail price range for Panama rice is between US$ 0.83 and US$ 2.30 per kilogram or between US$ 0.38 and US$ 1.04 per pound(lb). Click here to see today's exact prices of rice in Panama
The retail price range in US Dollar for rice is between USD 0.83 and USD 2.30 per kilogram or between USD 0.38 and USD 1.04 per pound(lb) in Panama City and Colón.
Wholesale prices
In 2024, the approximate wholesale price range for Panama rice is between US$ 0.58 and US$ 1.61 per kilogram or between US$ 0.26 and US$ 0.73 per pound(lb).
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Prices of other produce in the Cereals/Grains category in Panama: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Central America: Belize rice, Costa Rica rice, El Salvador rice, Guatemala rice, Honduras rice, Mexico rice, Nicaragua rice & Panama rice.
Panama rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Panama shipped 542 tonnes of rice. Across 2019 alone, the market for Panama rice (cereals/grains category) has surged, recording a change of 1131.818 pc compared to the year 2018. Between 2017 and 2019, rice's exports reduced by -89.17 pc earning the country US$0.18m for the year 2019. Panama's rice exports are classified as:
- Rice in the husk, "paddy" or rough (HS code 100610)
- Husked or brown rice (HS code 100620)
- Broken rice (HS code 100640)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
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Panama rice export values
In 2019, Panama supplied rice valued at 0.18m USD, an increase of 164.71% from 2018's total rice export of 0.068m USD. The annual change in value of Panama rice between 2017 to 2018 was -99.317 pc.
The annual variation in the amount of Panama's rice exports between 2017 and 2019 was -89.17 percent in comparison to a variation of 1131.818% in the period between 2018 and 2019.
Panama's portion of the world's total rice's exports in 2019 was less than 1%. Panama is ranked number 24 in world exports of rice.
Export markets for Panama rice ( in '000$ )
Panama's top export markets for rice are Senegal, Yemen, Ireland, DRC Congo and Iceland.
Import/Export Trends
Panama is a net exporter of rice. The annual growth of Panama rice in value between 2015 to 2019 was 58%, per year, while annual growth in quantity for the same period was %, per annum.
Panama bought 139,294 tonnes of rice in 2019.
Production
The production of rice in Panama was 2,033,740 tonnes in 2019 and is projected to change by an average of -9.23%. The country had approximately 716,472.00 hectares under rice cultivation.