Key Market Indicators
Butter consumption in Panama is projected to rise to 8.3 thousand metric tons by 2026. This is an increase of 0.5% from the 8 thousand metric tons consumed in 2021. Since 2017, demand has been steady. In 2021, Panama ranked 65th, with Tunisia taking the lead at 8 thousand metric tons. Germany, France and Russia took the second, third and fourth positions respectively. Production of butter in Panama is expected to reach 8,870 metric tons by 2026, up from 7,160 metric tons in 2021. This represents an average growth rate of 3.5% since 1966. In 2021, Panama was 50th, while Costa Rica ranked higher at 7,160 metric tons. New Zealand, Germany and France were second, third and fourth respectively.