Costa Rica - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCrude Palm Oil Price in Costa Rica - 2022
Contents:
- Crude Palm Oil Price in Costa Rica (FOB) - 2022
- Crude Palm Oil Price in Costa Rica (CIF) - 2022
- Crude Palm Oil Exports in Costa Rica
- Crude Palm Oil Imports in Costa Rica
Crude Palm Oil Price in Costa Rica (FOB) - 2022
The average crude palm oil export price stood at $1,172 per ton in 2022, picking up by 17% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude palm oil export price increased by +127.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 58% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($1,310 per ton), while the average price for exports to the Netherlands ($1,093 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 Germany (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Palm Oil Price in Costa Rica (CIF) - 2022
In 2022, the average crude palm oil import price amounted to $683 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2016 an increase of 45%. Over the period under review, average import prices reached the peak figure at $1,054 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($33,500 per ton), while the price for Panama totaled $683 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+40.2%).
Crude Palm Oil Exports in Costa Rica
In 2022, overseas shipments of crude palm oil decreased by -17.1% to 160K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a pronounced setback. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. As a result, the exports attained the peak of 209K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, crude palm oil exports shrank slightly to $188M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, the exports attained the peak of $193M, and then dropped slightly in the following year.
| Export of Crude Palm Oil in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.5 | 18.3 | 58.1 | 111 | 126.9% |
| Mexico | 58.5 | 107 | 132 | 67.0 | 4.6% |
| Spain | 2.4 | 0.8 | N/A | 5.1 | 28.6% |
| Germany | 24.7 | N/A | 2.2 | N/A | -70.2% |
| Others | 0.4 | 5.7 | N/A | 4.4 | 122.4% |
| Total | 95.4 | 131 | 193 | 188 | 25.4% |
Top Export Markets for Crude Palm Oil from Costa Rica in 2022:
- Netherlands (101.6K tons)
- Mexico (51.2K tons)
- Spain (4.0K tons)
Crude Palm Oil Imports in Costa Rica
For the third consecutive year, Costa Rica recorded decline in overseas purchases of crude palm oil, which decreased by -81% to 2.3K tons in 2022. Over the period under review, imports saw a precipitous slump. The smallest decline of -16.2% was in 2020.
In value terms, crude palm oil imports declined markedly to $1.6M in 2022. Overall, imports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 10%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Crude Palm Oil in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 4.7 | 6.6 | 7.8 | 1.6 | -30.2% |
| Nicaragua | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Indonesia | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Others | 8.6 | 8.2 | N/A | N/A | -4.7% |
| Total | 13.6 | 15.0 | 8.3 | 1.6 | -51.0% |
Top Suppliers of Crude Palm Oil to Costa Rica in 2022:
- Panama (2.3K tons)
This report provides an in-depth analysis of the crude palm oil market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 257 - Oil of palm
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
533
This report provides an in-depth analysis of the crude palm oil market in Costa Rica.
91
This report provides an in-depth analysis of the palm oil market in Costa Rica.
90
This report provides an in-depth analysis of the refined palm oil market in Costa Rica.
66
This report provides an in-depth analysis of the transmission shaft market in Costa Rica.
487
This report provides an in-depth analysis of the linseed oil market in Costa Rica.
75
This report provides an in-depth analysis of the surgical glove market in Costa Rica.
68
This report provides an in-depth analysis of the market for caustic soda in the solid form in Costa Rica.
105
This report provides an in-depth analysis of the market for reaction initiators and accelerators in Costa Rica.
74
This report provides an in-depth analysis of the hard plastic comb market in Costa Rica.
93
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Costa Rica.
212
Explore the top import markets for crude palm oil and the key statistics in the global industry. Learn about the leading countries, import values, and trends.
935
The global palm oil market revenue amounted to $48B in 2017, surging by 10% against the previous year. This figure reflect...
6036
The global palm oil market increased from X tons in 2007 to X tons in 2016, expanding with an annual average growth rate of +X% per year over that period.
6758
Global palm oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
1252
Global palm oil exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
4032
Global palm oil imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1282
The global production of palm oil was estimated at X million tons in 2013, which was X million tons more than in 2012.
1524
Earlier this year, Cargill Inc. published its "Cargill Palm Oil Progress Update" report that revealed a plan to enhance land monitoring in Malaysia, the world's second-biggest palm oil grower. In order to provide immediate action to concerns such as bu
1413
Despite some recent negative dynamics, Indonesia continued to lead the way in the global palm oil trade. In 2013, Indonesia exported X million tons of palm oil totaling X billion USD, X% under the previous year. Its primary trading partner was
348
Learn about the top five import markets for palm oil and their respective import values in 2022. India ranks as the largest importer, followed by China, Pakistan, the United States, and the Netherlands. These countries exhibit significant demand for palm oil due to various factors such as population size, dietary preferences, and industrial applications. Understanding the dynamics of these import markets is crucial for palm oil producers, traders, and other stakeholders in the industry. Get comprehensive insights into the global palm oil market with IndexBox's recent market report.
