Non-Liquid Margarine Price in Costa Rica - 2022
Contents:
- Non-Liquid Margarine Price in Costa Rica (FOB) - 2022
- Non-Liquid Margarine Price in Costa Rica (CIF) - 2022
- Non-Liquid Margarine Exports in Costa Rica
- Non-Liquid Margarine Imports in Costa Rica
Non-Liquid Margarine Price in Costa Rica (FOB) - 2022
The average non-liquid margarine export price stood at $1,248 per ton in 2022, shrinking by -11.4% against the previous year. In general, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,557 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($1,304 per ton), while the average price for exports to the Dominican Republic ($861 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (-1.9%), while the prices for the other major destinations experienced a decline.
Non-Liquid Margarine Price in Costa Rica (CIF) - 2022
In 2022, the average non-liquid margarine import price amounted to $1,765 per ton, reducing by -1.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 8.7%. The import price peaked at $1,838 per ton in 2012; afterwards, it flattened through to 2022.
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 ($3,211 per ton), while the price for Honduras ($1,138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced a decline.
Non-Liquid Margarine Exports in Costa Rica
In 2022, overseas shipments of non-liquid margarine were finally on the rise to reach 4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep reduction.
In value terms, non-liquid margarine exports fell slightly to $5M in 2022. In general, exports, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 0.9%.
| Export of Non-Liquid Margarine in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 3.5 | 3.5 | 3.8 | 3.7 | 1.9% |
| Panama | 2.2 | 1.3 | 1.0 | 1.1 | -20.6% |
| Dominican Republic | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 5.0 | 5.0 | 5.0 | -4.8% |
Top Export Markets for Non-Liquid Margarine from Costa Rica in 2022:
- Nicaragua (2821.5 tons)
- Panama (993.6 tons)
- Dominican Republic (145.2 tons)
Non-Liquid Margarine Imports in Costa Rica
In 2022, approx. 2.2K tons of non-liquid margarine were imported into Costa Rica; dropping by -3.7% compared with the previous year. In general, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 7.9%.
In value terms, non-liquid margarine imports shrank to $4M in 2022. Over the period under review, imports showed a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports attained the peak of $4.2M, and then fell in the following year.
| Import of Non-Liquid Margarine in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 1,928 | 1,387 | 1,800 | 1,813 | -2.0% |
| United States | 1,609 | 1,557 | 1,468 | 1,240 | -8.3% |
| Honduras | 482 | 661 | 725 | 727 | 14.7% |
| El Salvador | 20.6 | 48.9 | 114 | 88.7 | 62.7% |
| Others | 93.8 | 85.6 | 87.3 | 97.6 | 1.3% |
| Total | 4,134 | 3,739 | 4,194 | 3,967 | -1.4% |
Top Suppliers of Non-Liquid Margarine to Costa Rica in 2022:
- Guatemala (1090.3 tons)
- Honduras (638.9 tons)
- United States (386.4 tons)
- El Salvador (59.0 tons)
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