Price for Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,160 per ton in 2022, increasing by 54% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. 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 Peru ($3,018 per ton), while the price for Ukraine ($626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $5,339 per ton, increasing by 18% against the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 81% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($6,712 per ton), while the average price for exports to El Salvador ($4,468 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 Honduras (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica
Imports of buckwheat, millet and canary seed; other cerealses into Costa Rica dropped significantly to 1K tons in 2022, reducing by -38.8% against 2021. In general, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, imports attained the peak of 1.7K tons, and then shrank dramatically in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses declined to $1.2M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of $1.3M, and then reduced in the following year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 372 | 386 | 660 | 488 | 9.5% |
| Ukraine | 12.1 | 13.4 | 139 | 277 | 183.9% |
| Peru | 247 | 308 | 349 | 274 | 3.5% |
| United States | 294 | 140 | 32.4 | 83.6 | -34.2% |
| Bolivia | 88.7 | 44.6 | 42.0 | 72.0 | -6.7% |
| Others | 28.4 | 49.6 | 58.3 | 14.6 | -19.9% |
| Total | 1,043 | 942 | 1,281 | 1,209 | 5.0% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Costa Rica in 2022:
- Ukraine (442.1 tons)
- Canada (398.1 tons)
- Peru (90.8 tons)
- United States (82.3 tons)
- Bolivia (25.5 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica
Exports of buckwheat, millet and canary seed; other cerealses from Costa Rica soared to 22 tons in 2022, jumping by 101% on 2021. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 181%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of buckwheat, millet and canary seed; other cerealses soared to $115K in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 409% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 1.3 | 11.2 | 10.3 | 35.2 | 200.3% |
| Nicaragua | 2.5 | 8.6 | 9.5 | 24.6 | 114.3% |
| El Salvador | 0.6 | 5.8 | 5.6 | 23.4 | 239.1% |
| Honduras | 2.3 | 7.6 | 7.7 | 18.4 | 100.0% |
| Dominican Republic | N/A | N/A | N/A | 13.1 | 0% |
| Peru | N/A | N/A | 9.1 | N/A | 0% |
| Panama | 0.5 | 1.5 | 1.3 | N/A | 61.2% |
| Others | 0.8 | 5.7 | 5.0 | N/A | 150.0% |
| Total | 7.9 | 40.4 | 48.5 | 115 | 144.2% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Costa Rica in 2022:
- Guatemala (7.7 tons)
- El Salvador (5.2 tons)
- Nicaragua (3.7 tons)
- Honduras (2.9 tons)
- Dominican Republic (2.0 tons)
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