Price for Vegetable Saps and Extracts; Opium in Costa Rica - 2022

Price for Vegetable Saps and Extracts; Opium in Costa Rica (CIF) - 2022

The average import price for vegetable saps and extracts; opia stood at $18,262 per ton in 2022, shrinking by -14.6% against the previous year. Over the period under review, the import price saw a mild setback. The pace of growth appeared the most rapid in 2019 an increase of 22%. As a result, import price attained the peak level of $81,553 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 -1.7% per year.

Imports of Vegetable Saps and Extracts; Opium in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in supplies from abroad of vegetable saps and extracts; opia, which increased by 94% to 633 kg in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 736%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, vegetable saps and extracts; opium imports soared to $12K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 193% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.