Price for Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica
Price for Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica (CIF) - 2022
The average import price for soya beans; other than seed, whether or not brokens stood at $674 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soya beans; other than seed, whether or not brokens increased by +81.1% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 47% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 +1.4% per year.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica (FOB) - 2022
In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $392 per ton, remaining relatively unchanged against the previous year. In general, the export price recorded a deep reduction. The growth pace was the most rapid in 2015 when the average export price increased by 101%. As a result, the export price attained the peak level of $4,935 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -10.8% per year.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica
In 2022, overseas purchases of soya beans; other than seed, whether or not brokens decreased by -11.4% to 254K tons, falling for the second year in a row after two years of growth. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 15%. As a result, imports reached the peak of 300K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of soya beans; other than seed, whether or not brokens totaled $171M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.8% 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 increased by +76.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 97.1 | 120 | 169 | 171 | 20.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 97.2 | 120 | 169 | 171 | 20.7% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Costa Rica in 2022:
- United States (254.1K tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica
After three years of growth, overseas shipments of soya beans; other than seed, whether or not brokens decreased by -0.2% to 2.1 tons in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 105%.
In value terms, exports of soya beans; other than seed, whether or not brokens contracted modestly to $814 in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year.
Export of Soya Beans; Other than Seed, Whether or Not Broken in Costa Rica (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 723 | 804 | 816 | 814 | 4.0% |
Others | N/A | 8.0 | N/A | N/A | 0% |
Total | 723 | 812 | 816 | 814 | 4.0% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Costa Rica in 2022:
- Germany (2.1 tons)
This report provides an in-depth analysis of the soya bean market in Costa Rica.
This report provides an in-depth analysis of the global soya bean market.
This report provides an in-depth analysis of the soya bean market in Costa Rica.
This report provides an in-depth analysis of the global soya bean market.
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