Price for Soya Beans; Seed, Whether or Not Broken in Costa Rica - 2022

Contents:

  1. Price for Soya Beans; Seed, Whether or Not Broken in Costa Rica (CIF) - 2022
  2. Price for Soya Beans; Seed, Whether or Not Broken in Costa Rica (FOB) - 2022
  3. Imports of Soya Beans; Seed, Whether or Not Broken in Costa Rica
  4. Exports of Soya Beans; Seed, Whether or Not Broken in Costa Rica

Price for Soya Beans; Seed, Whether or Not Broken in Costa Rica (CIF) - 2022

The average import price for soya beans; seed, whether or not brokens stood at $5,797 per ton in 2022, standing approx. at the previous year. In general, the import price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28%. The import price peaked at $8,598 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Canada ($17,147 per ton), while the price for the United States totaled $5,407 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+31.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Soya Beans; Seed, Whether or Not Broken in Costa Rica (FOB) - 2022

The average export price for soya beans; seed, whether or not brokens stood at $266 per ton in 2022, declining by -75.6% against the previous year. In general, the export price faced a sharp slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 77%. The export price peaked at $7,625 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($437 per ton), while the average price for exports to the United States totaled $230 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+21.2%), while the prices for the other major destinations experienced a decline.

Imports of Soya Beans; Seed, Whether or Not Broken in Costa Rica

Imports of soya beans; seed, whether or not brokens into Costa Rica skyrocketed to 3.2 tons in 2022, picking up by 125% compared with the previous year's figure. In general, 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 soya beans; seed, whether or not brokens soared to $18K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Soya Beans; Seed, Whether or Not Broken in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.89.26.916.851.8%
Canada0.30.50.40.626.0%
Others1.31.00.71.0-8.4%
Total6.410.68.118.442.2%

Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Costa Rica in 2022:

  1. United States (3.1 tons)

Exports of Soya Beans; Seed, Whether or Not Broken in Costa Rica

In 2022, the amount of soya beans; seed, whether or not brokens exported from Costa Rica soared to 1.7 tons, picking up by 81% compared with 2021. In general, exports recorded strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 123% against the previous year. As a result, the exports attained the peak of 2.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of soya beans; seed, whether or not brokens declined markedly to $440 in 2022. Overall, exports, however, continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 131% against the previous year. As a result, the exports reached the peak of $2.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Soya Beans; Seed, Whether or Not Broken in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19366772.031517.7%
Germany29.079.042.012562.7%
Austria66.0357124N/A37.1%
Guatemala8561,494732N/A-7.5%
Canada6.043.018.0N/A73.2%
OthersN/A15.07.0N/A-53.3%
Total1,1502,655995440-27.4%

Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Costa Rica in 2022:

  1. United States (1370.0 kg)
  2. Germany (286.0 kg)

Source: IndexBox Market Intelligence Platform

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