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

Contents:

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

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

In 2022, the average import price for cereal grains; rolled or flaked, of oatses amounted to $898 per ton, picking up by 3.2% against the previous year. Overall, the import price, however, saw a slight descent. The growth pace was the most rapid in 2013 an increase of 12%. As a result, import price reached the peak level of $1,122 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 ($2,640 per ton), while the price for Chile ($572 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 (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,313 per ton, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 22%. Over the period under review, the average export prices attained the peak figure at $1,590 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jamaica ($1,621 per ton) and Honduras ($1,507 per ton), while the average price for exports to Nicaragua ($1,239 per ton) and Guatemala ($1,245 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Costa Rica

In 2022, purchases abroad of cereal grains; rolled or flaked, of oatses decreased by -2.3% to 4.8K tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 2%. As a result, imports reached the peak of 5.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal grains; rolled or flaked, of oatses reached $4.3M in 2022. Over the period under review, imports saw a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports attained the peak of $5.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Chile (2699.2 tons)
2. Guatemala (1486.4 tons)
3. United Kingdom (256.3 tons)
4. United States (225.4 tons)
5. Colombia (73.3 tons)
6. Nicaragua (68.6 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Costa Rica

In 2022, the amount of cereal grains; rolled or flaked, of oatses exported from Costa Rica rose rapidly to 2.5K tons, increasing by 8.6% on 2021 figures. The total export volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, exports of cereal grains; rolled or flaked, of oatses rose significantly to $3.3M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

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

1. Guatemala (1110.6 tons)
2. Nicaragua (803.6 tons)
3. Jamaica (271.2 tons)
4. Honduras (129.7 tons)
5. El Salvador (124.9 tons)

Source: IndexBox Market Intelligence Platform