Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica (CIF) - 2022
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $3,566 per ton, reducing by -35.9% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2016 an increase of 23%. Over the period under review, average import prices attained the maximum at $8,361 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,347 per ton), while the price for Nicaragua totaled $2,696 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.7%), while the prices for the other major suppliers experienced a decline.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica (FOB) - 2022
In 2022, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $10,252 per ton, growing by 13% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of bovine animals, tongues, frozens decreased by -3.1% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 45% against the previous year. The export price peaked at $10,576 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Honduras.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +8.4% per year.
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica
Imports of offal, edible; of bovine animals, tongues, frozens into Costa Rica skyrocketed to 263 tons in 2022, with an increase of 90% on the previous year. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens skyrocketed to $937K in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 92.7 | 41.6 | 38.2 | 601 | 86.5% |
| Nicaragua | 224 | 178 | 187 | 333 | 14.1% |
| Canada | 402 | 468 | 538 | N/A | 15.7% |
| Others | 10.4 | 5.1 | 8.5 | 2.6 | -37.0% |
| Total | 729 | 693 | 771 | 937 | 8.7% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Costa Rica in 2022:
- United States (138.3 tons)
- Nicaragua (123.7 tons)
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica
In 2022, shipments abroad of offal, edible; of bovine animals, tongues, frozens decreased by -83.8% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens contracted sharply to $20K in 2022. Overall, exports faced a sharp descent. The growth pace was the most rapid in 2020 with an increase of 87%.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 9.4 | 14.1 | 11.2 | 19.8 | 28.2% |
| Japan | 7.3 | 18.5 | 37.9 | N/A | 127.9% |
| United States | 20.8 | 37.0 | 52.1 | N/A | 58.3% |
| Taiwan (Chinese) | 1.2 | 2.6 | 4.3 | N/A | 89.3% |
| Others | 0.6 | 1.3 | 2.1 | N/A | 87.1% |
| Total | 39.3 | 73.5 | 108 | 19.8 | -20.4% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Costa Rica in 2022:
- Honduras (1.9 tons)
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