Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,577 per ton, increasing by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($5,659 per ton), while the price for China ($1,266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica (FOB) - 2022
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,180 per ton in 2022, leveling off at the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 soups and broths and preparations therefor; homogenised composite food preparationses increased by +7.0% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 70%. Over the period under review, the average export prices hit record highs at $4,494 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($3,932 per ton), while the average price for exports to Nicaragua ($2,489 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica
Imports of soups and broths and preparations therefor; homogenised composite food preparationses into Costa Rica was estimated at 4.7K tons in 2022, picking up by 6.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses skyrocketed to $17M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 6.1 | 6.2 | 5.9 | -1.1% |
| Guatemala | 3.5 | 3.6 | 4.2 | 5.9 | 19.0% |
| Mexico | 0.6 | 0.5 | 1.0 | 3.2 | 74.7% |
| Honduras | 0.1 | 0.1 | 0.4 | 1.3 | 135.1% |
| China | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Others | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
| Total | 10.9 | 10.8 | 12.4 | 16.9 | 15.7% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Costa Rica in 2022:
- Guatemala (1910.8 tons)
- United States (1655.6 tons)
- Mexico (572.7 tons)
- Honduras (258.8 tons)
- China (116.7 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica
In 2022, approx. 15 tons of soups and broths and preparations therefor; homogenised composite food preparationses were exported from Costa Rica; which is down by -73% compared with the year before. In general, exports saw a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 43%.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses fell markedly to $46K in 2022. Overall, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 51%.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 138 | 17.7 | 25.4 | 19.7 | -47.7% |
| Nicaragua | 41.2 | 88.4 | 74.2 | 17.0 | -25.6% |
| Panama | 21.3 | 2.2 | 19.8 | 6.9 | -31.3% |
| Belize | 23.8 | N/A | 39.6 | N/A | 29.0% |
| Guatemala | 4.2 | 2.4 | 10.6 | N/A | 58.9% |
| Others | 11.1 | 1.5 | 0.1 | 2.6 | -38.4% |
| Total | 240 | 112 | 170 | 46.3 | -42.2% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Costa Rica in 2022:
- Nicaragua (6.8 tons)
- Honduras (5.0 tons)
- Panama (2.1 tons)
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Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
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