Market research

Tomato market in Panama

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The fresh tomato market in Panama saw its volume rise from 19 696 t in 2018 to a peak of 26 942 t in 2021, driven entirely by growth in domestic production. This upward trend reversed sharply in 2022, with the market contracting to 19 517 t, followed by a minor recovery to 19 660 t in 2023. Imports and exports remained negligible throughout this period, having no material impact on the total market size.

In 2024, the Instituto de Investigación Agropecuaria de Panamá (IDIAP) partnered with producer associations and companies to evaluate 12 industrial tomato hybrids for mechanized planting on 100 hectares, marking a focused effort to introduce technological innovation into tomato cultivation. Concurrently, the Inter-American Institute for Cooperation on Agriculture (IICA) and IDIAP worked on innovation management for agricultural value chains, while PROPANAMA promoted strategies to attract investment and increase exports of Panamanian agricultural products, including tomatoes.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Panama
  1. 5.1.1. Annual dynamics of production in Panama in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Panama in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Panama in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Panama by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Panama in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Panama by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Panama, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Panama by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Panama in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Panama by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Panama in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Panama by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Panama, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Panama by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Panama in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Panama by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Panama in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Panama by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Panama, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Panama by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Panama in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Panama by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Panama in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Panama by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Panama, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Panama by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production tomato in Panama

In kind, 2017-2020, t

Top producers of tomato, 2017-2020

Source: SHEV.io

World map of production of tomato, 2017-2020

Source: SHEV.io

Tomato production in Panama has increased for the second year in a row. In 2020, Panama produced 25 076 tons of tomatoes, marking a strong 20.0% gain compared to the previous year. From 2017 to 2020, production grew by 27.4%, which translates to an annualized rate of 8.4%. The lowest production level was recorded in 2018 at 19 680 tons, while the largest decline occurred in 2018 with a 0.0% drop.

Annual dynamics of production in Panama in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.0%)	6.2%	20.0%	8.4%

Source: SHEV.io

Exports tomato from Panama

According to market analysis, Panama did not export any tomatoes from 2017 to 2020.

Imports tomato to Panama

Imports in kind, t

The market showed an unstable trend over this period. The lowest import volume was recorded in 2019 at 10.5 tons, while the highest was in 2017, resulting in a peak-to-trough ratio of 13.7 times. In 2020, Panama imported 31.3 tons of tomatoes, representing a significant increase of 198.7% compared to the previous year. The largest decline occurred in 2018 with an 88.6% drop.

Annual dynamics of product's imports to Panama in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(88.6%)	(36.3%)	198.7%	(39.8%)

Source: SHEV.io

From 2017 to 2020, the United States accounted for 77.5% of total tomato imports by volume, with the remaining imports coming from a diverse group of smaller countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Panama in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Market performance exhibited noticeable fluctuations during this timeframe. The lowest import value was in 2019 at 28.2 thousand US dollars, while the peak was in 2017, creating a 6.5-fold gap between these years. In 2020, Panama imported a total of 70.4 thousand US dollars worth of tomatoes, corresponding to a sharp increase of 149.8% from the year before. The largest decline was recorded in 2018 with an 80.3% decrease.

Annual dynamics of product's imports to Panama in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(80.3%)	(21.5%)	149.8%	(27.2%)

Source: SHEV.io

Between 2017 and 2020, the United States and Mexico were the dominant suppliers of tomatoes to Panama, together accounting for 98.8% of total import value. Other destinations each held relatively small shares.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Panama in value, 2017-2020

Source: SHEV.io