Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $666 per ton in 2022, which is down by -9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22% against the previous year. The import price peaked at $737 per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +4.3% per year.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $1,543 per ton, which is down by -15.4% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices reached the maximum at $2,814 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($1,616 per ton), while the average price for exports to Guatemala totaled $1,347 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica

In 2022, overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were finally on the rise to reach 2.7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt decrease.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $1.8M in 2022. Over the period under review, imports, however, showed a perceptible slump.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1.92.21.41.8-1.8%
OthersN/AN/AN/AN/A0%
Total1.92.21.41.8-1.8%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Costa Rica in 2022:

  1. Chile (2.7K tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica

For the third consecutive year, Costa Rica recorded decline in overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, which decreased by -25.6% to 7.4 tons in 2022. Over the period under review, exports faced a precipitous decrease.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses dropped remarkably to $11K in 2022. Overall, exports recorded a dramatic decline. The smallest decline of -33.6% was in 2020.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras8.88.94.27.7-4.4%
Guatemala0.1N/AN/A3.1214.1%
Nicaragua27.318.08.2N/A-45.2%
El Salvador16.18.05.0N/A-44.3%
Jamaica3.21.80.7N/A-53.2%
OthersN/A0.1N/A0.7164.6%
Total55.436.818.211.5-40.8%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Costa Rica in 2022:

  1. Honduras (4.8 tons)
  2. Guatemala (2.3 tons)

Source: IndexBox Market Intelligence Platform

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