Price for Cereals; Millet, Other than Seed in Costa Rica - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Costa Rica (CIF) - 2022
- Imports of Cereals; Millet, Other than Seed in Costa Rica
Price for Cereals; Millet, Other than Seed in Costa Rica (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $717 per ton in 2022, picking up by 4.7% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, other than seed import price decreased by -17.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 53%. As a result, import price attained the peak level of $871 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($916 per ton), while the price for Ukraine ($524 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Millet, Other than Seed in Costa Rica
For the third consecutive year, Costa Rica recorded decline in overseas purchases of cereals; millet, other than seeds, which decreased by -46.8% to 68 tons in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -44.4% was in 2021.
In value terms, cereals; millet, other than seed imports shrank dramatically to $49K in 2022. In general, imports recorded a sharp downturn. The smallest decline of -40.6% was in 2020.
| Import of Cereals; Millet, Other than Seed in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.0 | 12.3 | 22.6 | 22.0 | 46.5% |
| United States | 323 | 151 | 34.3 | 14.0 | -64.9% |
| Ukraine | N/A | 26.1 | 20.7 | 12.6 | -30.5% |
| Taiwan (Chinese) | 3.0 | 2.1 | 4.0 | N/A | 15.5% |
| Others | 3.0 | 8.6 | 5.6 | N/A | 36.6% |
| Total | 336 | 200 | 87.3 | 48.6 | -47.5% |
Top Suppliers of Cereals; Millet, Other than Seed to Costa Rica in 2022:
- Ukraine (24.0 tons)
- Canada (24.0 tons)
- United States (19.8 tons)
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