Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $10,154 per ton, increasing by 1.8% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cheese, other than blue-veined, grated, powdered or processed increased by +81.6% against 2015 indices. The growth pace was the most rapid in 2021 an increase of 24%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 Denmark ($14,744 per ton), while the price for El Salvador ($4,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica (FOB) - 2022
In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,941 per ton, surging by 27% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 30%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Honduras ($7,714 per ton) and El Salvador ($7,674 per ton), while the average price for exports to Nicaragua ($5,787 per ton) and Guatemala ($7,176 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 El Salvador (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica
In 2022, overseas purchases of cheese, other than blue-veined, grated, powdered or processed were finally on the rise to reach 969 tons after two years of decline. In general, imports, however, recorded a noticeable descent.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed surged to $9.8M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.9 | 3.9 | 4.1 | 5.2 | 10.1% |
Netherlands | 1.5 | 1.3 | 1.7 | 1.7 | 4.3% |
Italy | 1.2 | 0.9 | 1.4 | 1.6 | 10.1% |
Spain | 0.9 | 0.8 | 0.6 | 0.6 | -12.6% |
Denmark | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
France | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
El Salvador | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 8.0 | 7.2 | 8.3 | 9.8 | 7.0% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Costa Rica in 2022:
- United States (518.9 tons)
- Netherlands (177.6 tons)
- Italy (149.6 tons)
- Spain (60.6 tons)
- El Salvador (24.2 tons)
- Denmark (17.4 tons)
- France (12.0 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica
In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed exported from Costa Rica shrank dramatically to 171 tons, reducing by -34.7% on the previous year's figure. In general, exports showed a sharp curtailment. The smallest decline of -17.9% was in 2020.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed reduced markedly to $1.2M in 2022. Overall, exports showed a sharp descent.
Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 385 | 331 | 442 | 490 | 8.4% |
El Salvador | 353 | 351 | 489 | 371 | 1.7% |
Nicaragua | 285 | 296 | 459 | 279 | -0.7% |
Honduras | 25.4 | 16.4 | 41.4 | 45.3 | 21.3% |
Panama | 1,901 | 1,134 | 1.6 | N/A | -97.1% |
Others | 3.1 | N/A | N/A | 2.6 | -5.7% |
Total | 2,953 | 2,130 | 1,434 | 1,188 | -26.2% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Costa Rica in 2022:
- Guatemala (68.3 tons)
- El Salvador (48.3 tons)
- Nicaragua (48.3 tons)
- Honduras (5.9 tons)
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