Spices; Mixtures Price in Costa Rica - 2022
Contents:
- Spices; Mixtures Price in Costa Rica (CIF) - 2022
- Spices; Mixtures Price in Costa Rica (FOB) - 2022
- Spices; Mixtures Imports in Costa Rica
- Spices; Mixtures Exports in Costa Rica
Spices; Mixtures Price in Costa Rica (CIF) - 2022
The average spices; mixtures import price stood at $22,186 per ton in 2022, with an increase of 397% against the previous year. Over the period under review, the import price saw strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.1% per year.
Spices; Mixtures Price in Costa Rica (FOB) - 2022
The average spices; mixtures export price stood at $7,282 per ton in 2022, jumping by 20% against the previous year. In general, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 107%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($17,985 per ton), while the average price for exports to Panama stood at $5,989 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Mixtures Imports in Costa Rica
After three years of growth, supplies from abroad of spices; mixtureses decreased by -99.5% to 516 kg in 2022. In general, imports faced a sharp contraction. The growth pace was the most rapid in 2020 when imports increased by 255% against the previous year.
In value terms, spices; mixtures imports declined markedly to $11K in 2022. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 288% against the previous year.
| Import of Spices; Mixtures in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 11.4 | 0% |
| United States | 99.5 | 384 | 425 | N/A | 106.7% |
| Others | 1.6 | 8.5 | 76.0 | N/A | 589.2% |
| Total | 101 | 393 | 501 | 11.4 | -51.7% |
Top Suppliers of Spices; Mixtures to Costa Rica in 2022:
- France (516.0 kg)
Spices; Mixtures Exports in Costa Rica
For the third year in a row, Costa Rica recorded decline in overseas shipments of spices; mixtureses, which decreased by -35.3% to 631 kg in 2022. Over the period under review, exports saw a dramatic curtailment. The smallest decline of -26.1% was in 2021.
In value terms, spices; mixtures exports shrank significantly to $4.6K in 2022. In general, exports recorded a precipitous descent. The smallest decline of -18.3% was in 2021.
| Export of Spices; Mixtures in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | N/A | N/A | 3.4 | 0% |
| El Salvador | N/A | N/A | N/A | 1.2 | 0% |
| Nicaragua | 11.1 | 5.2 | N/A | N/A | -53.2% |
| United States | N/A | 1.3 | 3.8 | N/A | 192.3% |
| Canada | N/A | 0.3 | 1.7 | N/A | 466.7% |
| Others | N/A | 0.3 | 0.4 | N/A | 33.3% |
| Total | 11.1 | 7.2 | 5.9 | 4.6 | -25.4% |
Top Export Markets for Spices; Mixtures from Costa Rica in 2022:
- Panama (563.0 kg)
- El Salvador (68.0 kg)
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