Frozen Tilapia Fillets Price in Costa Rica - 2022
Contents:
- Frozen Tilapia Fillets Price in Costa Rica (CIF) - 2022
- Frozen Tilapia Fillets Price in Costa Rica (FOB) - 2022
- Frozen Tilapia Fillets Imports in Costa Rica
- Frozen Tilapia Fillets Exports in Costa Rica
Frozen Tilapia Fillets Price in Costa Rica (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $3,141 per ton, rising by 43% against the previous year. In general, the import price, however, showed a mild reduction. The import price peaked at $4,138 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.8% per year.
Frozen Tilapia Fillets Price in Costa Rica (FOB) - 2022
In 2022, the average frozen tilapia fillets export price amounted to $8,590 per ton, growing by 51% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen tilapia fillets export price increased by +61.9% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +16.2% per year.
Frozen Tilapia Fillets Imports in Costa Rica
In 2022, imports of frozen tilapia fillets into Costa Rica surged to 9.2K tons, jumping by 563% compared with the year before. Over the period under review, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen tilapia fillets imports soared to $29M in 2022. In general, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Tilapia Fillets in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.0 | 16.8 | 3.0 | 29.0 | 19.5% |
| Others | 0.6 | 0.6 | N/A | N/A | 0.0% |
| Total | 17.7 | 17.4 | 3.1 | 29.0 | 17.9% |
Top Suppliers of Frozen Tilapia Fillets to Costa Rica in 2022:
- China (9.2K tons)
Frozen Tilapia Fillets Exports in Costa Rica
In 2022, the amount of frozen tilapia fillets exported from Costa Rica contracted dramatically to 16 tons, falling by -94.6% compared with the previous year. In general, exports showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 78%.
In value terms, frozen tilapia fillets exports fell dramatically to $140K in 2022. Over the period under review, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 83% against the previous year.
| Export of Frozen Tilapia Fillets in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,229 | 595 | 1,292 | 140 | -60.2% |
| Paraguay | 79.9 | N/A | 82.4 | N/A | 1.6% |
| Peru | N/A | 284 | 240 | N/A | -15.5% |
| Chile | N/A | N/A | 75.8 | N/A | 0% |
| Canada | 55.1 | 58.3 | N/A | N/A | 5.8% |
| Others | 49.8 | N/A | 25.1 | N/A | -29.0% |
| Total | 2,414 | 937 | 1,716 | 140 | -61.3% |
Top Export Markets for Frozen Tilapia Fillets from Costa Rica in 2022:
- Canada (undefined tons)
- United States (16.3 tons)
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