| Product Code: ETC8750950 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Panama continued to see a steady flow of cheddar cheese imports, with top exporting countries such as the USA, Spain, Italy, Denmark, and the Netherlands catering to the demand in Oman. Despite a slight decline in growth rate from 2023 to 2024, the market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). With a modest compound annual growth rate (CAGR) of 0.25% over the 2020-2024 period, the Panama cheddar cheese import market is showing resilience and stability in the face of fluctuating global trade dynamics.

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 Cheddar Cheese Market Overview |
3.1 Panama Country Macro Economic Indicators |
3.2 Panama Cheddar Cheese Market Revenues & Volume, 2021 & 2031F |
3.3 Panama Cheddar Cheese Market - Industry Life Cycle |
3.4 Panama Cheddar Cheese Market - Porter's Five Forces |
3.5 Panama Cheddar Cheese Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Panama Cheddar Cheese Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Panama Cheddar Cheese Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Panama Cheddar Cheese Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Panama Cheddar Cheese Market Revenues & Volume Share, By Flavor and Texture, 2021 & 2031F |
4 Panama Cheddar Cheese Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for gourmet and specialty cheeses |
4.2.2 Growing popularity of cheese-based dishes in Panama |
4.2.3 Rising disposable income leading to higher spending on premium cheese products |
4.3 Market Restraints |
4.3.1 High import duties on cheese products affecting pricing and affordability |
4.3.2 Limited availability of high-quality cheddar cheese locally produced in Panama |
5 Panama Cheddar Cheese Market Trends |
6 Panama Cheddar Cheese Market, By Types |
6.1 Panama Cheddar Cheese Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Panama Cheddar Cheese Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Panama Cheddar Cheese Market Revenues & Volume, By Blocks Cheddar, 2021- 2031F |
6.1.4 Panama Cheddar Cheese Market Revenues & Volume, By Cubes Cheddar, 2021- 2031F |
6.1.5 Panama Cheddar Cheese Market Revenues & Volume, By Slice Cheddar, 2021- 2031F |
6.1.6 Panama Cheddar Cheese Market Revenues & Volume, By Spread Cheddar, 2021- 2031F |
6.1.7 Panama Cheddar Cheese Market Revenues & Volume, By Spray Cheddar, 2021- 2031F |
6.2 Panama Cheddar Cheese Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Panama Cheddar Cheese Market Revenues & Volume, By Wholesale/ Distributor/ Direct, 2021- 2031F |
6.2.3 Panama Cheddar Cheese Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F |
6.2.4 Panama Cheddar Cheese Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.2.5 Panama Cheddar Cheese Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.2.6 Panama Cheddar Cheese Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Panama Cheddar Cheese Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Panama Cheddar Cheese Market Revenues & Volume, By Food and Beverage Processing, 2021- 2031F |
6.3.3 Panama Cheddar Cheese Market Revenues & Volume, By HoReCa, 2021- 2031F |
6.3.4 Panama Cheddar Cheese Market Revenues & Volume, By Household, 2021- 2031F |
6.4 Panama Cheddar Cheese Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Panama Cheddar Cheese Market Revenues & Volume, By Cattle Milk, 2021- 2031F |
6.4.3 Panama Cheddar Cheese Market Revenues & Volume, By Goat Milk, 2021- 2031F |
6.4.4 Panama Cheddar Cheese Market Revenues & Volume, By Sheep Milk, 2021- 2031F |
6.5 Panama Cheddar Cheese Market, By Flavor and Texture |
6.5.1 Overview and Analysis |
6.5.2 Panama Cheddar Cheese Market Revenues & Volume, By Mild Cheddar, 2021- 2031F |
6.5.3 Panama Cheddar Cheese Market Revenues & Volume, By Sharp Cheddar, 2021- 2031F |
6.5.4 Panama Cheddar Cheese Market Revenues & Volume, By Extra Sharp Cheddar, 2021- 2031F |
6.5.5 Panama Cheddar Cheese Market Revenues & Volume, By Premium Cheddar, 2021- 2031F |
7 Panama Cheddar Cheese Market Import-Export Trade Statistics |
7.1 Panama Cheddar Cheese Market Export to Major Countries |
7.2 Panama Cheddar Cheese Market Imports from Major Countries |
8 Panama Cheddar Cheese Market Key Performance Indicators |
8.1 Average selling price of cheddar cheese in Panama |
8.2 Number of specialty cheese shops or gourmet stores offering cheddar cheese |
8.3 Consumer awareness and perception of cheddar cheese quality in Panama |
9 Panama Cheddar Cheese Market - Opportunity Assessment |
9.1 Panama Cheddar Cheese Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Panama Cheddar Cheese Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Panama Cheddar Cheese Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Panama Cheddar Cheese Market Opportunity Assessment, By Source, 2021 & 2031F |
9.5 Panama Cheddar Cheese Market Opportunity Assessment, By Flavor and Texture, 2021 & 2031F |
10 Panama Cheddar Cheese Market - Competitive Landscape |
10.1 Panama Cheddar Cheese Market Revenue Share, By Companies, 2024 |
10.2 Panama Cheddar Cheese 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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