Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Costa Rica - 2022

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Costa Rica (CIF) - 2022
  2. Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Costa Rica

Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Costa Rica (CIF) - 2022

The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $611 per ton in 2022, which is down by -11.7% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 47%. Over the period under review, average import prices hit record highs at $1,985 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +114.4% per year.

Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Costa Rica

In 2022, imports of oil seeds; cotton seeds, other than seed, whether or not broken into Costa Rica surged to 31 tons, picking up by 48% against 2021 figures. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken skyrocketed to $19K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.912.714.515.838.9%
Others5.2N/AN/A3.1-15.8%
Total11.212.714.519.019.3%

Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Costa Rica in 2022:

  1. United States (30.7 tons)

Source: IndexBox Market Intelligence Platform

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