Flakes; of Potatoes Price in Costa Rica - 2022

Flakes; of Potatoes Price in Costa Rica (CIF) - 2022

The average flakes; of potatoes import price stood at $2,268 per ton in 2022, picking up by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,399 per ton), while the price for the United States ($2,190 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Costa Rica (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $5,340 per ton, standing approx. at the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flakes; of potatoes export price increased by +85.0% against 2012 indices. The growth pace was the most rapid in 2019 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain 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 Nicaragua ($5,342 per ton), while the average price for exports to Panama amounted to $5,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in Costa Rica

In 2022, the amount of flakes; of potatoeses imported into Costa Rica expanded rapidly to 78 tons, picking up by 8% on 2021. Over the period under review, imports, however, saw a deep setback.

In value terms, flakes; of potatoes imports skyrocketed to $177K in 2022. In general, imports, however, continue to indicate a mild descent.

Import of Flakes; of Potatoes in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	82.8	112	67.7	158	24.0%
Mexico	10.2	8.0	0.7	10.1	-0.3%
Germany	11.9	17.0	8.9	7.5	-14.3%
Spain	45.7	19.7	48.1	N/A	2.6%
Guatemala	19.1	22.9	5.1	N/A	-48.3%
Others	14.6	16.5	6.0	1.8	-50.2%
Total	184	196	136	177	-1.3%

Top Suppliers of Flakes; of Potatoes to Costa Rica in 2022:

United States (72.1 tons)
Mexico (3.0 tons)
Germany (2.2 tons)

Flakes; of Potatoes Exports in Costa Rica

In 2022, overseas shipments of flakes; of potatoeses decreased by -31.3% to 200 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 166% against the previous year. As a result, the exports reached the peak of 824 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, flakes; of potatoes exports contracted sharply to $1.1K in 2022. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 173% against the previous year. As a result, the exports attained the peak of $3.9K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.