Price for Flour, Meal, and Flakes of Potatoes in Costa Rica - 2022

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Costa Rica (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Costa Rica (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Costa Rica
4. Exports of Flour, Meal, and Flakes of Potatoes in Costa Rica

Price for Flour, Meal, and Flakes of Potatoes in Costa Rica (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $2,906 per ton in 2022, jumping by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2019 an increase of 36%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 ($4,174 per ton), while the price for the United States ($2,645 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Costa Rica (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $3,535 per ton in 2022, with an increase of 13% against the previous year. Overall, the export price recorded a measured increase. The growth pace was the most rapid in 2017 an increase of 54% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,669 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($19,327 per ton), while the average price for exports to the United States ($1,588 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 Panama (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour, Meal, and Flakes of Potatoes in Costa Rica

After two years of decline, supplies from abroad of flour, meal, and flakes of potatoeses increased by 13% to 113 tons in 2022. In general, imports, however, showed a abrupt setback.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $328K in 2022. Over the period under review, imports, however, continue to indicate a deep contraction.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Costa Rica in 2022:

1. United States (89.7 tons)
2. Canada (17.0 tons)
3. Mexico (3.0 tons)
4. Germany (2.2 tons)
5. Italy (0.8 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Costa Rica

In 2022, exports of flour, meal, and flakes of potatoeses from Costa Rica amounted to 503 kg, surging by 2.2% on 2021. Over the period under review, exports showed strong growth. The pace of growth was the most pronounced in 2020 with an increase of 132%. As a result, the exports attained the peak of 836 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of flour, meal, and flakes of potatoeses surged to $1.8K in 2022. In general, exports posted a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 173%. As a result, the exports attained the peak of $3.9K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Costa Rica in 2022:

1. United States (447.0 kg)
2. Nicaragua (55.0 kg)
3. Panama (1.0 kg)

Source: IndexBox Market Intelligence Platform