Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica - 2022

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica (FOB) - 2022
  2. Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica (CIF) - 2022
  3. Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica
  4. Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica

Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica (FOB) - 2022

In 2022, the average export price for oil seeds; cotton seeds, seed, whether or not broken amounted to $3,938 per ton, dropping by -18.2% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21%. Over the period under review, the average export prices reached the peak figure at $16,350 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -10.1% per year.

Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica (CIF) - 2022

The average import price for oil seeds; cotton seeds, seed, whether or not broken stood at $6,705 per ton in 2022, falling by -23.2% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 an increase of 86%. Over the period under review, average import prices hit record highs at $41,457 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -16.7% per year.

Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica

In 2022, shipments abroad of oil seeds; cotton seeds, seed, whether or not broken decreased by -34% to 19 tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 206% against the previous year. As a result, the exports attained the peak of 90 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken shrank notably to $75K in 2022. Over the period under review, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 91%. As a result, the exports reached the peak of $429K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22439413975.0-30.6%
OthersN/A35.50.5N/A-98.6%
Total22442913975.0-30.6%

Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Costa Rica in 2022:

  1. United States (19.1 tons)

Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica

Imports of oil seeds; cotton seeds, seed, whether or not broken into Costa Rica soared to 1.8 tons in 2022, picking up by 47% against the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 64%. As a result, imports reached the peak of 2.2 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken stood at $12K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 110% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.010.410.511.632.4%
OthersN/A0.1N/A0.10.0%
Total5.010.510.511.833.1%

Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Costa Rica in 2022:

  1. United States (1735.0 kg)

Source: IndexBox Market Intelligence Platform

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