Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica - 2022

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica (CIF) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica
  4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $3,483 per ton in 2022, increasing by 9.1% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 66%. The import price peaked at $3,849 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,824 per ton), while the price for Canada totaled $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.5%).

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $2,368 per ton in 2022, increasing by 10% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 65%. Over the period under review, the average export prices hit record highs at $3,053 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($8,000 per ton), while the average price for exports to Canada ($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 Nicaragua (+13.9%).

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica

In 2022, supplies from abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses increased by 71% to 89 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous setback.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $310 in 2022. Over the period under review, imports, however, saw a significant decline.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33127484.0167-20.4%
Canada61112180.0140-38.8%
MexicoN/A158N/AN/A0%
Others19.09.02.03.0-46.0%
Total961562166310-31.4%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Costa Rica in 2022:

  1. Canada (70.0 kg)
  2. United States (17.0 kg)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica

In 2022, overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses were finally on the rise to reach 38 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a significant decline.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $90 in 2022. In general, exports, however, saw a significant curtailment.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama55825453.073.0-49.2%
Nicaragua12446.05.016.0-49.5%
CanadaN/AN/AN/A1.00%
OthersN/AN/AN/AN/A0%
Total68230058.090.0-49.1%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Costa Rica in 2022:

  1. Panama (35.0 kg)
  2. Nicaragua (2.0 kg)
  3. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform

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