| Product Code: ETC5375412 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Panama saw a significant increase in imported fin fish shipments from top exporters like the USA and Chile to Oman. With a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 31.99%. The growth rate in 2024 alone spiked to 68.76%, reflecting a robust demand for fin fish imports in Panama. This data suggests a thriving market with strong potential for continued growth and opportunities for market players to capitalize on the increasing demand.

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 Fin Fish Market Overview |
3.1 Panama Country Macro Economic Indicators |
3.2 Panama Fin Fish Market Revenues & Volume, 2021 & 2031F |
3.3 Panama Fin Fish Market - Industry Life Cycle |
3.4 Panama Fin Fish Market - Porter's Five Forces |
3.5 Panama Fin Fish Market Revenues & Volume Share, By Environment, 2021 & 2031F |
3.6 Panama Fin Fish Market Revenues & Volume Share, By Fish Type, 2021 & 2031F |
4 Panama Fin Fish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of consuming fin fish |
4.2.2 Increasing demand for sustainable and ethically sourced seafood products |
4.2.3 Government initiatives promoting aquaculture and fisheries sector in Panama |
4.3 Market Restraints |
4.3.1 Fluctuating prices of feed and raw materials affecting production costs |
4.3.2 Environmental concerns related to overfishing and habitat degradation |
4.3.3 Competition from alternative protein sources such as plant-based seafood products |
5 Panama Fin Fish Market Trends |
6 Panama Fin Fish Market Segmentations |
6.1 Panama Fin Fish Market, By Environment |
6.1.1 Overview and Analysis |
6.1.2 Panama Fin Fish Market Revenues & Volume, By Freshwater, 2021-2031F |
6.1.3 Panama Fin Fish Market Revenues & Volume, By Marine Water, 2021-2031F |
6.1.4 Panama Fin Fish Market Revenues & Volume, By Brackish Water, 2021-2031F |
6.2 Panama Fin Fish Market, By Fish Type |
6.2.1 Overview and Analysis |
6.2.2 Panama Fin Fish Market Revenues & Volume, By Pompano, 2021-2031F |
6.2.3 Panama Fin Fish Market Revenues & Volume, By Snappers, 2021-2031F |
6.2.4 Panama Fin Fish Market Revenues & Volume, By Groupers, 2021-2031F |
6.2.5 Panama Fin Fish Market Revenues & Volume, By Salmon, 2021-2031F |
6.2.6 Panama Fin Fish Market Revenues & Volume, By Milkfish, 2021-2031F |
6.2.7 Panama Fin Fish Market Revenues & Volume, By Tuna, 2021-2031F |
6.2.8 Panama Fin Fish Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Panama Fin Fish Market Revenues & Volume, By Others, 2021-2031F |
7 Panama Fin Fish Market Import-Export Trade Statistics |
7.1 Panama Fin Fish Market Export to Major Countries |
7.2 Panama Fin Fish Market Imports from Major Countries |
8 Panama Fin Fish Market Key Performance Indicators |
8.1 Percentage increase in aquaculture production in Panama |
8.2 Adoption rate of sustainable fishing practices by local fisheries |
8.3 Number of new product developments in the fin fish market with eco-friendly certifications |
9 Panama Fin Fish Market - Opportunity Assessment |
9.1 Panama Fin Fish Market Opportunity Assessment, By Environment, 2021 & 2031F |
9.2 Panama Fin Fish Market Opportunity Assessment, By Fish Type, 2021 & 2031F |
10 Panama Fin Fish Market - Competitive Landscape |
10.1 Panama Fin Fish Market Revenue Share, By Companies, 2024 |
10.2 Panama Fin Fish 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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