Price for Cheese of All Kinds, Grated or Powdered in Costa Rica - 2022
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Costa Rica (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Costa Rica (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Costa Rica
- Exports of Cheese of All Kinds, Grated or Powdered in Costa Rica
Price for Cheese of All Kinds, Grated or Powdered in Costa Rica (CIF) - 2022
The average import price for cheese of all kinds, grated or powdered stood at $6,745 per ton in 2022, rising by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2014 an increase of 24% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,928 per ton), while the price for El Salvador stood at $5,981 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%).
Price for Cheese of All Kinds, Grated or Powdered in Costa Rica (FOB) - 2022
The average export price for cheese of all kinds, grated or powdered stood at $6,840 per ton in 2022, increasing by 7.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2015 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to El Salvador ($7,406 per ton) and Guatemala ($6,811 per ton), while the average price for exports to Nicaragua ($6,070 per ton) and Honduras ($6,293 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in Costa Rica
In 2022, purchases abroad of cheese of all kinds, grated or powdered decreased by -1.7% to 1.8K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cheese of all kinds, grated or powdered surged to $12M in 2022. The total import value increased at an average annual rate of +12.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Cheese of All Kinds, Grated or Powdered in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.0 | 9.2 | 8.5 | 9.7 | 6.6% |
| El Salvador | 0.3 | 2.0 | 1.7 | 2.1 | 91.3% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 8.4 | 11.3 | 10.3 | 11.9 | 12.3% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Costa Rica in 2022:
- United States (1405.6 tons)
- El Salvador (344.3 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Costa Rica
For the fourth year in a row, Costa Rica recorded growth in shipments abroad of cheese of all kinds, grated or powdered, which increased by 46% to 140 tons in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese of all kinds, grated or powdered surged to $955K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese of All Kinds, Grated or Powdered in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 208 | 206 | 183 | 413 | 25.7% |
| El Salvador | 144 | 180 | 216 | 310 | 29.1% |
| Honduras | 54.0 | 93.7 | 174 | 192 | 52.6% |
| Nicaragua | 29.6 | 42.8 | 33.2 | 38.0 | 8.7% |
| Others | 1.2 | N/A | N/A | 2.4 | 26.0% |
| Total | 436 | 522 | 607 | 955 | 29.9% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Costa Rica in 2022:
- Guatemala (60.6 tons)
- El Salvador (41.9 tons)
- Honduras (30.5 tons)
- Nicaragua (6.3 tons)
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