Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,629 per ton in 2022, increasing by 8.1% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. Over the period under review, average import prices hit record highs at $1,815 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,757 per ton), while the price for the United States ($1,624 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,501 per ton, shrinking by -12.9% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 35%. The export price peaked at $2,820 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($1,504 per ton), while the average price for exports to Canada amounted to $1,370 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (-5.5%).

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica

In 2022, approx. 430 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were imported into Costa Rica; reducing by -4.9% against the year before. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of 452 tons, and then contracted slightly in the following year.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell rose to $701K in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Costa Rica in 2022:

1. United States (374.0 tons)
2. Nicaragua (39.4 tons)
3. China (16.8 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Costa Rica

In 2022, overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell increased by 390% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant contraction.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell skyrocketed to $27K in 2022. In general, exports, however, recorded a precipitous descent.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Costa Rica in 2022:

1. Austria (17.7 tons)
2. Canada (0.4 tons)

Source: IndexBox Market Intelligence Platform