Frozen Tilapias Price in Costa Rica - 2022

Frozen Tilapias Price in Costa Rica (CIF) - 2022

In 2022, the average frozen tilapias import price amounted to $1,777 per ton, with a decrease of -16.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $5,046 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,781 per ton), while the price for Panama amounted to $1,684 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Frozen Tilapias Price in Costa Rica (FOB) - 2022

In 2022, the average frozen tilapias export price amounted to $429 per ton, surging by 43% against the previous year. In general, the export price, however, faced a dramatic descent. Over the period under review, the average export prices hit record highs at $4,000 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($500 per ton), while the average price for exports to Canada stood at $400 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-15.2%).

Frozen Tilapias Imports in Costa Rica

In 2022, imports of frozen tilapias into Costa Rica reduced to 23 tons, declining by -10.6% on the year before. Over the period under review, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 134%. As a result, imports reached the peak of 26 tons, and then fell in the following year.

In value terms, frozen tilapias imports declined notably to $42K in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports attained the peak of $56K, and then contracted dramatically in the following year.

Import of Frozen Tilapias in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	53.3	8.3	55.2	39.6	-9.4%
Panama	0.2	0.3	0.5	1.9	111.8%
Others	0.4	20.7	N/A	N/A	5075.0%
Total	53.8	29.4	55.7	41.5	-8.3%

Top Suppliers of Frozen Tilapias to Costa Rica in 2022:

China (22.3 tons)
Panama (1.1 tons)

Frozen Tilapias Exports in Costa Rica

In 2022, approx. 7 kg of frozen tilapias were exported from Costa Rica; declining by -65% against the previous year's figure. Overall, exports faced a precipitous contraction.

In value terms, frozen tilapias exports contracted sharply to $3 in 2022. Over the period under review, exports showed a sharp descent.