Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica - 2022
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica (FOB) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica (CIF) - 2022
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica (FOB) - 2022
In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,438 per ton, jumping by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. Over the period under review, the average export prices hit record highs at $5,651 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($7,602 per ton), while the average price for exports to Colombia ($2,115 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 Honduras (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,794 per ton in 2022, almost unchanged from the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 27%. As a result, import price reached the peak level of $6,311 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($9,778 per ton), while the price for Nicaragua stood at $4,748 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica
For the third consecutive year, Costa Rica recorded decline in overseas shipments of powdered unsweetened milk and cream of fat weight content over 1.5%, which decreased by -44% to 9.4K tons in 2022. In general, exports continue to indicate a precipitous decrease. The smallest decline of -3.2% was in 2021.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% shrank dramatically to $51M in 2022. Over the period under review, exports showed a abrupt setback. The smallest decline of -3.6% was in 2020.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 19.5 | 20.2 | 18.3 | 7.9 | -26.0% |
| El Salvador | 5.5 | 8.1 | 5.4 | 6.8 | 7.3% |
| Nicaragua | 5.3 | 5.0 | 4.0 | 4.9 | -2.6% |
| Honduras | 5.6 | 3.6 | 3.2 | 3.4 | -15.3% |
| Cuba | 1.9 | 1.7 | 1.5 | 1.3 | -11.9% |
| Panama | 1.3 | 0.7 | 0.7 | 0.7 | -18.6% |
| Colombia | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
| Dominican Republic | 6.3 | 4.4 | 5.2 | 0.6 | -54.3% |
| Others | 44.3 | 42.9 | 37.4 | 24.8 | -17.6% |
| Total | 90.2 | 87.0 | 76.4 | 51.1 | -17.3% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Costa Rica in 2022:
- Guatemala (1.6K tons)
- El Salvador (1.0K tons)
- Nicaragua (0.9K tons)
- Cuba (0.5K tons)
- Honduras (0.4K tons)
- Colombia (0.3K tons)
- Panama (0.2K tons)
- Dominican Republic (0.1K tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica
Imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Costa Rica dropped to 81 tons in 2022, which is down by -7.5% compared with the year before. Over the period under review, imports showed a sharp shrinkage. The smallest decline of -7.5% was in 2021.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% shrank to $388K in 2022. Overall, imports faced a sharp setback. The smallest decline of -7.1% was in 2021.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 458 | 222 | 410 | 381 | -6.0% |
| Denmark | 296 | N/A | N/A | N/A | 0% |
| Others | 468 | 227 | 7.7 | 7.1 | -75.2% |
| Total | 1,222 | 449 | 418 | 388 | -31.8% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Costa Rica in 2022:
- Nicaragua (80.2 tons)
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