Key Market Indicators
Panamanian juice exports are on track to hit approximately $2.75 million by 2028, up from around $2.66 million in 2023, marking a 0.5% compound annual growth rate (CAGR). This steady rise reflects a broader trend observed since 2000, with Panamanian juice supply increasing at an annual rate of 0.7%. On the import front, Panamanian juice imports saw a significant spike in 2016, reaching roughly $478,000. This is a dramatic increase from the $193,000 recorded in 2015, representing a 148.4% surge in just one year. However, despite this sharp uptick, the long-term trend since 2000 reveals a substantial decline in demand, with Panamanian juice imports falling by 54.2% annually.
