Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica - 2022

Contents:

1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica (CIF) - 2022
2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica (FOB) - 2022
3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica
4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica (CIF) - 2022

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $20,253 per ton, declining by -14.5% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seeds, fruit and spores; of a kind used for sowing increased by +19.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. As a result, import price reached the peak level of $23,699 per ton, and then dropped in the following year.

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 the Netherlands ($252,770 per ton), while the price for Bolivia ($6,108 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica (FOB) - 2022

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $65,405 per ton, surging by 27% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 60%. Over the period under review, the average export prices hit record highs at $69,495 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 the United States ($123,389 per ton), while the average price for exports to Aruba ($472 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 Nigeria (+54.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica

Imports of seeds, fruit and spores; of a kind used for sowing into Costa Rica skyrocketed to 674 tons in 2022, jumping by 59% on 2021 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing surged to $14M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Costa Rica in 2022:

1. Brazil (215.5 tons)
2. Peru (183.8 tons)
3. United States (100.8 tons)
4. Spain (37.6 tons)
5. Israel (29.7 tons)
6. France (24.4 tons)
7. India (24.0 tons)
8. Bolivia (11.3 tons)
9. Italy (5.4 tons)
10. Netherlands (1.2 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Costa Rica

In 2022, after three years of growth, there was significant decline in shipments abroad of seeds, fruit and spores; of a kind used for sowing, when their volume decreased by -29.3% to 182 tons. Overall, exports saw a pronounced contraction. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing shrank to $12M in 2022. In general, exports continue to indicate a slight decline. The growth pace was the most rapid in 2020 when exports increased by 13%. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Costa Rica in 2022:

1. United States (87.1 tons)
2. Japan (38.3 tons)
3. Nicaragua (17.2 tons)
4. Aruba (6.5 tons)
5. Colombia (6.5 tons)
6. Netherlands (5.1 tons)
7. Australia (4.3 tons)
8. Spain (4.0 tons)
9. Guatemala (1.7 tons)
10. Canada (1.4 tons)

Source: IndexBox Market Intelligence Platform