Price for Tallow; Other than Those of Heading 1503 in Costa Rica - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Costa Rica (FOB) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Costa Rica (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Costa Rica
- Imports of Tallow; Other than Those of Heading 1503 in Costa Rica
Price for Tallow; Other than Those of Heading 1503 in Costa Rica (FOB) - 2022
The average export price for tallow; other than those of heading 1503s stood at $741 per ton in 2022, dropping by -10.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 92% against the previous year. Over the period under review, the average export prices attained the maximum at $832 per ton in 2021, and then reduced in the following year.
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 Nicaragua ($1,091 per ton), while the average price for exports to Honduras totaled $472 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tallow; Other than Those of Heading 1503 in Costa Rica (CIF) - 2022
The average import price for tallow; other than those of heading 1503s stood at $1,421 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 73% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +0.5% per year.
Exports of Tallow; Other than Those of Heading 1503 in Costa Rica
Exports of tallow; other than those of heading 1503s from Costa Rica contracted significantly to 697 tons in 2022, falling by -62.9% compared with 2021 figures. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, the exports reached the peak of 1.9K tons, and then dropped markedly in the following year.
In value terms, exports of tallow; other than those of heading 1503s declined rapidly to $517K in 2022. Overall, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 with an increase of 159% against the previous year. As a result, the exports reached the peak of $1.6M, and then shrank sharply in the following year.
| Export of Tallow; Other than Those of Heading 1503 in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 300 | 582 | 1,523 | 331 | 3.3% |
| Honduras | 25.9 | 20.2 | 40.6 | 186 | 92.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 326 | 603 | 1,564 | 517 | 16.6% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Costa Rica in 2022:
- Honduras (394.1 tons)
- Nicaragua (303.0 tons)
Imports of Tallow; Other than Those of Heading 1503 in Costa Rica
In 2022, approx. 20 tons of tallow; other than those of heading 1503s were imported into Costa Rica; jumping by 74% on 2021. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 81,986% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of tallow; other than those of heading 1503s surged to $28K in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 142,060%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Tallow; Other than Those of Heading 1503 in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | 14.2 | 28.4 | 100.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | 14.2 | 28.4 | 100.0% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Costa Rica in 2022:
- Nicaragua (20.0 tons)
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