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

Contents:

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

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

The average import price for ground-nuts; in shell, not roasted or otherwise cooked stood at $4,850 per ton in 2022, declining by -5.9% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 13%. Over the period under review, average import prices attained the maximum at $5,155 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,060 per ton), while the price for Nicaragua stood at $2,574 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%).

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

In 2022, the average export price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $186 per ton, surging by 11% against the previous year. Overall, the export price, however, showed a deep reduction. The export price peaked at $1,164 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -16.8% per year.

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

In 2022, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked was finally on the rise to reach 482 tons after two years of decline. Overall, imports, however, showed a relatively flat trend pattern.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked fell to $2.3M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 13%.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.82.12.42.26.9%
Nicaragua0.10.10.10.10.0%
OthersN/AN/AN/AN/A0%
Total1.92.22.52.36.6%

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

  1. China (441.6 tons)
  2. Nicaragua (40.6 tons)

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

After three years of growth, shipments abroad of ground-nuts; in shell, not roasted or otherwise cooked decreased by -7.4% to 19 tons in 2022. The total export volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 20 tons, and then declined in the following year.

In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked totaled $3.5K in 2022. Over the period under review, exports recorded a pronounced curtailment.

Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3.83.63.43.5-2.7%
OthersN/AN/AN/AN/A0%
Total3.83.63.43.5-2.7%

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

  1. Colombia (18.9 tons)

Source: IndexBox Market Intelligence Platform

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