Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica - 2022

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $112,937 per ton, growing by 65% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 182%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($608,714 per ton), while the price for Nicaragua ($4,718 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $93,000 per ton, jumping by 26% against the previous year. Over the period under review, the export price, however, saw a mild decline. The most prominent rate of growth was recorded in 2016 an increase of 60% against the previous year. The export price peaked at $171,646 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($765,000 per ton), while the average price for exports to Mexico ($1,000 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 the United States (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica

In 2022, purchases abroad of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -8.5% to 3.9 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 34% against the previous year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses surged to $337K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 109% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Costa Rica in 2022:

1. China (2201.0 kg)
2. United States (596.0 kg)
3. Peru (272.0 kg)
4. Nicaragua (245.0 kg)
5. South Korea (152.0 kg)
6. Netherlands (72.0 kg)
7. Germany (68.0 kg)
8. Panama (66.0 kg)
9. Malaysia (45.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Costa Rica

In 2022, exports of balances; of a sensitivity of 5cg or better, with or without weightses from Costa Rica fell to 20 kg, which is down by -13% on the previous year. Overall, exports saw a dramatic decline.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses dropped to $1.5K in 2022. In general, exports showed a sharp shrinkage.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Costa Rica in 2022:

1. Panama (11.0 kg)
2. Honduras (1.0 kg)
3. Mexico (1.0 kg)
4. El Salvador (1.0 kg)
5. United States (1.0 kg)
6. Guatemala (1.0 kg)
7. Germany (1.0 kg)
8. China (1.0 kg)
9. Dominican Republic (1.0 kg)
10. Nicaragua (1.0 kg)

Source: IndexBox Market Intelligence Platform