Cereals; Barley, Seed Price in Costa Rica - 2022

Contents:

  1. Cereals; Barley, Seed Price in Costa Rica (CIF) - 2022
  2. Cereals; Barley, Seed Imports in Costa Rica

Cereals; Barley, Seed Price in Costa Rica (CIF) - 2022

The average cereals; barley, seed import price stood at $1,089 per ton in 2022, surging by 66% against the previous year. Overall, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,900 per ton), while the price for Spain totaled $945 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.8%).

Cereals; Barley, Seed Imports in Costa Rica

Cereals; barley, seed imports into Costa Rica contracted sharply to 5.1 tons in 2022, with a decrease of -76.4% compared with the previous year's figure. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 0.5% against the previous year.

In value terms, cereals; barley, seed imports declined significantly to $5.5K in 2022. Overall, imports saw a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 27%.

Import of Cereals; Barley, Seed in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain18.210.214.14.1-39.2%
United States3.01.00.11.5-20.6%
OthersN/AN/AN/AN/A0%
Total21.211.214.25.5-36.2%

Top Suppliers of Cereals; Barley, Seed to Costa Rica in 2022:

  1. Spain (4.3 tons)
  2. United States (0.8 tons)

Source: IndexBox Market Intelligence Platform

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