Crispbread Price in Costa Rica - 2022

Contents:

  1. Crispbread Price in Costa Rica (CIF) - 2022
  2. Crispbread Price in Costa Rica (FOB) - 2022
  3. Crispbread Imports in Costa Rica
  4. Crispbread Exports in Costa Rica

Crispbread Price in Costa Rica (CIF) - 2022

In 2022, the average crispbread import price amounted to $4,503 per ton, picking up by 6.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 67% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 ($7,633 per ton), while the price for Germany ($1,308 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 (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Crispbread Price in Costa Rica (FOB) - 2022

The average crispbread export price stood at $8,188 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 31%. The export price peaked at $8,263 per ton in 2021, and then reduced slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Trinidad and Tobago.

From 2013 to 2022, the rate of growth in terms of prices for Cuba amounted to 0.0% per year.

Crispbread Imports in Costa Rica

In 2022, after two years of decline, there was growth in overseas purchases of crispbread, when their volume increased by 3% to 15 tons. Overall, imports, however, saw a abrupt decline.

In value terms, crispbread imports expanded significantly to $65K in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Crispbread in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/A21.134.563.5%
Italy16.133.917.317.52.8%
United States1.66.84.67.970.3%
Netherlands4.712.35.05.34.1%
Germany0.40.90.30.3-9.1%
Panama9.1N/AN/AN/A0%
United KingdomN/AN/A10.9N/A0%
Others16.5N/A0.3N/A-86.5%
Total48.353.959.565.410.6%

Top Suppliers of Crispbread to Costa Rica in 2022:

  1. Poland (6.7 tons)
  2. Italy (3.9 tons)
  3. United States (3.1 tons)
  4. Netherlands (0.7 tons)
  5. Germany (0.2 tons)

Crispbread Exports in Costa Rica

In 2022, the amount of crispbread exported from Costa Rica contracted markedly to 16 kg, shrinking by -15.8% compared with 2021 figures. In general, exports continue to indicate a deep setback.

In value terms, crispbread exports dropped sharply to $131 in 2022. Over the period under review, exports faced a abrupt decrease.

Export of Crispbread in Costa Rica (USD)
COUNTRY20212022CAGR,
2021-2022
Trinidad and TobagoN/A1310%
Switzerland157N/A0%
OthersN/AN/A0%
Total157131-16.6%

Top Export Markets for Crispbread from Costa Rica in 2022:

  1. Trinidad and Tobago (16.0 kg)

Source: IndexBox Market Intelligence Platform

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