Price for Pectic Substances; Pectinates and Pectates in Costa Rica - 2022

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Costa Rica (CIF) - 2022
2. Price for Pectic Substances; Pectinates and Pectates in Costa Rica (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Costa Rica
4. Exports of Pectic Substances; Pectinates and Pectates in Costa Rica

Price for Pectic Substances; Pectinates and Pectates in Costa Rica (CIF) - 2022

In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $11,600 per ton, dropping by -8.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 16%. The import price peaked at $12,737 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($19,486 per ton), while the price for France ($3,965 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in Costa Rica (FOB) - 2022

In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $17,439 per ton, rising by 39% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pectic substances; pectinates and pectates export price increased by +48.1% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 81%. As a result, the export price reached the peak level of $19,500 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($24,500 per ton), while the average price for exports to Guatemala totaled $11,790 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pectic Substances; Pectinates and Pectates in Costa Rica

In 2022, imports of pectic substances; pectinates and pectateses into Costa Rica skyrocketed to 65 tons, increasing by 165% compared with 2021 figures. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pectic substances; pectinates and pectates imports surged to $750K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Costa Rica in 2022:

1. China (19.2 tons)
2. United States (11.2 tons)
3. Germany (8.7 tons)
4. France (8.3 tons)
5. Brazil (6.4 tons)
6. Mexico (4.0 tons)
7. Denmark (3.8 tons)
8. Belgium (0.5 tons)

Exports of Pectic Substances; Pectinates and Pectates in Costa Rica

In 2022, shipments abroad of pectic substances; pectinates and pectateses decreased by -89.2% to 900 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 198%. As a result, the exports attained the peak of 12 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, pectic substances; pectinates and pectates exports fell sharply to $16K in 2022. Overall, exports showed a sharp reduction. The growth pace was the most rapid in 2020 when exports increased by 105%. As a result, the exports attained the peak of $137K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Costa Rica in 2022:

1. Guatemala (500.0 kg)
2. Nicaragua (400.0 kg)

Source: IndexBox Market Intelligence Platform