Cereals; Millet, Seed Price in Costa Rica - 2022
Contents:
Cereals; Millet, Seed Price in Costa Rica (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $607 per ton, with an increase of 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($767 per ton), while the price for Canada totaled $348 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.7%).
Cereals; Millet, Seed Imports in Costa Rica
After three years of growth, overseas purchases of cereals; millet, seeds decreased by -5.6% to 161 tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 57%.
In value terms, cereals; millet, seed imports soared to $98K in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cereals; Millet, Seed in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.2 | 24.7 | 17.0 | 76.2 | 48.6% |
| Canada | 21.8 | 38.8 | 64.8 | 21.3 | -0.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.1 | 63.4 | 81.8 | 97.5 | 29.3% |
Top Suppliers of Cereals; Millet, Seed to Costa Rica in 2022:
- United States (99.4 tons)
- Canada (61.2 tons)
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