Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica - 2022

Contents:

  1. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica (CIF) - 2022
  2. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica (FOB) - 2022
  3. Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica
  4. Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica (CIF) - 2022

In 2022, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $1,550 per ton, dropping by -21.7% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. As a result, import price reached the peak level of $1,979 per ton, and then dropped notably in the following year.

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 ($2,944 per ton), while the price for Honduras ($705 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.9%), while the prices for the other major suppliers experienced a decline.

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica (FOB) - 2022

The average export price for liquid margarine and edible mixtures of animal or vegetable fats stood at $1,418 per ton in 2022, reducing by -13.1% against the previous year. In general, the export price showed a mild contraction. The growth pace was the most rapid in 2021 an increase of 48% against the previous year. As a result, the export price attained the peak level of $1,632 per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($1,768 per ton), while the average price for exports to the Dominican Republic ($997 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 the Dominican Republic (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica

After two years of decline, overseas purchases of liquid margarine and edible mixtures of animal or vegetable fats increased by 33% to 5.2K tons in 2022. Over the period under review, imports, however, recorded a deep slump.

In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats amounted to $8.1M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.

Import of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina3.23.82.24.29.5%
United States1.81.71.92.511.6%
Honduras0.20.20.30.644.2%
SingaporeN/A0.30.50.30.0%
GuatemalaN/A0.10.10.241.4%
Canada0.30.10.3N/A0.0%
Ukraine2.01.61.8N/A-5.1%
Others0.70.70.60.4-17.0%
Total8.28.47.88.1-0.4%

Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Costa Rica in 2022:

  1. Argentina (3116.2 tons)
  2. United States (832.3 tons)
  3. Honduras (823.5 tons)
  4. Guatemala (110.5 tons)
  5. Singapore (75.7 tons)
  6. Ukraine (34.2 tons)
  7. Canada (22.9 tons)

Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica

In 2022, exports of liquid margarine and edible mixtures of animal or vegetable fats from Costa Rica contracted dramatically to 2.6K tons, which is down by -15.7% on 2021 figures. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.

In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats dropped significantly to $3.7M in 2022. Over the period under review, exports saw a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 116%. As a result, the exports attained the peak of $5M, and then shrank rapidly in the following year.

Export of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1,1088222,2391,3045.6%
Panama1,2907141,068972-9.0%
El Salvador888605723721-6.7%
Honduras14443.941336936.8%
Nicaragua32896.7382161-21.1%
Dominican RepublicN/A32.216311891.4%
Others0.2N/A0.15.7205.5%
Total3,7582,3134,9873,650-1.0%

Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Costa Rica in 2022:

  1. Panama (782.6 tons)
  2. Guatemala (737.3 tons)
  3. El Salvador (611.0 tons)
  4. Honduras (215.9 tons)
  5. Dominican Republic (117.9 tons)
  6. Nicaragua (106.4 tons)

Source: IndexBox Market Intelligence Platform

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