Costa Rica - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Costa Rica - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights

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Malt Price in Costa Rica - 2021

Contents:

  1. Malt Price in Costa Rica (CIF) - 2022
  2. Malt Price in Costa Rica (FOB) - 2022
  3. Malt Imports in Costa Rica
  4. Malt Exports in Costa Rica

Malt Price in Costa Rica (CIF) - 2022

The average malt import price stood at $783 per ton in 2022, with an increase of 72% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($1,014 per ton) and France ($851 per ton), while the price for Sweden ($718 per ton) and the Netherlands ($796 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Malt Price in Costa Rica (FOB) - 2022

In 2022, the average malt export price amounted to $1,492 per ton, jumping by 50% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 101% against the previous year. The export price peaked at $2,198 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($1,669 per ton), while the average price for exports to Guatemala ($1,414 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 El Salvador (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Malt Imports in Costa Rica

In 2022, supplies from abroad of malt (not roasted) decreased by -45.4% to 28K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 436% against the previous year. As a result, imports reached the peak of 52K tons, and then dropped markedly in the following year.

In value terms, malt imports declined to $22M in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 415%. As a result, imports attained the peak of $24M, and then shrank in the following year.

Import of Malt in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A0.12.87.1742.6%
SwedenN/AN/AN/A6.50%
BelgiumN/A0.13.65.2621.1%
France0.20.20.42.6135.1%
Canada0.1N/A0.20.681.7%
Germany0.50.50.30.3-15.7%
ArgentinaN/A1.7N/AN/A0%
Others1.42.116.40.1-58.5%
Total2.14.623.722.3119.8%

Top Suppliers of Malt to Costa Rica in 2022:

  1. Sweden (9.0K tons)
  2. Netherlands (8.9K tons)
  3. Belgium (6.6K tons)
  4. France (3.0K tons)
  5. Canada (0.6K tons)
  6. Germany (0.3K tons)

Malt Exports in Costa Rica

In 2022, shipments abroad of malt (not roasted) increased by 13% to 35 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, malt exports soared to $52K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Malt in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/A2.59.643.0314.7%
Guatemala1.54.64.28.578.3%
NicaraguaN/AN/AN/A0.90%
Panama29.230.417.2N/A-23.3%
Honduras13.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total44.037.531.052.46.0%

Top Export Markets for Malt from Costa Rica in 2022:

  1. El Salvador (28.6 tons)
  2. Guatemala (6.0 tons)
  3. Nicaragua (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the malt 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:

  • Prodcom 11061030 - Malt, not roasted (excluding alcohol duty)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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