Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica (CIF) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $470 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 12%. As a result, import price attained the peak level of $525 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($584 per ton), while the price for the United States stood at $426 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.0%).
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica (FOB) - 2022
In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $789 per ton, waning by -4.5% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs at $826 per ton in 2021, and then fell slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Panama.
From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +4.6% per year.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica
In 2022, approx. 105 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were imported into Costa Rica; falling by -39.1% on the previous year. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 200% against the previous year. As a result, imports attained the peak of 173 tons, and then dropped rapidly in the following year.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) fell rapidly to $49K in 2022. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 187% against the previous year. As a result, imports attained the peak of $81K, and then fell rapidly in the following year.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.9 | 17.0 | 63.8 | 32.1 | 1.3% |
| Mexico | 11.2 | 11.1 | 17.3 | 17.2 | 15.4% |
| Others | N/A | 0.2 | N/A | 0.1 | -29.3% |
| Total | 42.2 | 28.3 | 81.2 | 49.5 | 5.5% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Costa Rica in 2022:
- United States (75.5 tons)
- Mexico (29.5 tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica
In 2022, overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) increased by 121% to 49 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep reduction.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $39K in 2022. Over the period under review, exports, however, recorded a deep downturn.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 62.1 | 35.2 | 18.2 | 38.5 | -14.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 62.1 | 35.2 | 18.2 | 38.5 | -14.7% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Costa Rica in 2022:
- Panama (48.9 tons)
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