| Product Code: ETC4678625 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Panama continued to see significant import shipments of beef, with key exporting countries to Oman being the USA, Uruguay, Argentina, Free Zones, and Brazil. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 22.86%, demonstrating a consistent upward trend. The growth rate from 2023 to 2024 surged even higher at 23.56%, showcasing the increasing demand for beef imports in Panama.

By 2027, Panama's Beef market is forecasted to achieve a high growth rate of 13.66%, with Brazil leading the Latin America region, followed by Mexico, Argentina, Colombia and Chile.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Panama Beef Market Overview |
3.1 Panama Country Macro Economic Indicators |
3.2 Panama Beef Market Revenues & Volume, 2021 & 2031F |
3.3 Panama Beef Market - Industry Life Cycle |
3.4 Panama Beef Market - Porter's Five Forces |
3.5 Panama Beef Market Revenues & Volume Share, By Beef Cut, 2021 & 2031F |
3.6 Panama Beef Market Revenues & Volume Share, By Beef Slaughter Method, 2021 & 2031F |
4 Panama Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness and preference for high-quality beef products |
4.2.2 Increasing disposable income leading to higher spending on premium beef products |
4.2.3 Growing tourism industry in Panama driving demand for beef in restaurants and hotels |
4.3 Market Restraints |
4.3.1 Fluctuating prices of beef due to factors like weather conditions, supply chain disruptions, and trade policies |
4.3.2 Health and environmental concerns leading to a shift towards plant-based protein alternatives |
5 Panama Beef Market Trends |
6 Panama Beef Market Segmentations |
6.1 Panama Beef Market, By Beef Cut |
6.1.1 Overview and Analysis |
6.1.2 Panama Beef Market Revenues & Volume, By Brisket, 2021-2031F |
6.1.3 Panama Beef Market Revenues & Volume, By Shank, 2021-2031F |
6.1.4 Panama Beef Market Revenues & Volume, By Loin, 2021-2031F |
6.1.5 Panama Beef Market Revenues & Volume, By Others, 2021-2031F |
6.2 Panama Beef Market, By Beef Slaughter Method |
6.2.1 Overview and Analysis |
6.2.2 Panama Beef Market Revenues & Volume, By Kosher, 2021-2031F |
6.2.3 Panama Beef Market Revenues & Volume, By Halal, 2021-2031F |
6.2.4 Panama Beef Market Revenues & Volume, By Others, 2021-2031F |
7 Panama Beef Market Import-Export Trade Statistics |
7.1 Panama Beef Market Export to Major Countries |
7.2 Panama Beef Market Imports from Major Countries |
8 Panama Beef Market Key Performance Indicators |
8.1 Average price per kilogram of beef in Panama |
8.2 Number of new upscale restaurants serving beef in Panama |
8.3 Percentage of households consuming beef at least once a week |
9 Panama Beef Market - Opportunity Assessment |
9.1 Panama Beef Market Opportunity Assessment, By Beef Cut, 2021 & 2031F |
9.2 Panama Beef Market Opportunity Assessment, By Beef Slaughter Method, 2021 & 2031F |
10 Panama Beef Market - Competitive Landscape |
10.1 Panama Beef Market Revenue Share, By Companies, 2024 |
10.2 Panama Beef Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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