Costa Rica - Soya Sauce - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoya Sauce Price in Costa Rica - 2021
Contents:
- Soya Sauce Price in Costa Rica (CIF) - 2022
- Soya Sauce Price in Costa Rica (FOB) - 2022
- Soya Sauce Imports in Costa Rica
- Soya Sauce Exports in Costa Rica
Soya Sauce Price in Costa Rica (CIF) - 2022
The average soya sauce import price stood at $1,360 per ton in 2022, approximately equating the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 15%. As a result, import price reached the peak level of $1,639 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 United States ($1,673 per ton), while the price for Taiwan (Chinese) ($777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Soya Sauce Price in Costa Rica (FOB) - 2022
The average soya sauce export price stood at $1,463 per ton in 2022, falling by -12.9% against the previous year. Over the period under review, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 6.1%. Over the period under review, the average export prices reached the peak figure at $1,954 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($2,948 per ton), while the average price for exports to Nicaragua ($835 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 Chile (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Soya Sauce Imports in Costa Rica
In 2022, supplies from abroad of soya sauce was finally on the rise to reach 574 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a drastic downturn.
In value terms, soya sauce imports expanded rapidly to $780K in 2022. Overall, imports, however, saw a deep reduction.
Import of Soya Sauce in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 650 | 565 | 450 | 411 | -14.2% |
China | 170 | 172 | 176 | 193 | 4.3% |
Hong Kong SAR | 20.4 | 2.5 | 41.6 | 63.3 | 45.9% |
Taiwan (Chinese) | 32.9 | 15.7 | 9.2 | 18.1 | -18.1% |
Others | 79.3 | 70.8 | 56.7 | 94.7 | 6.1% |
Total | 952 | 826 | 733 | 780 | -6.4% |
Top Suppliers of Soya Sauce to Costa Rica in 2022:
- United States (245.4 tons)
- China (215.7 tons)
- Hong Kong SAR (41.0 tons)
- Taiwan (Chinese) (23.3 tons)
Soya Sauce Exports in Costa Rica
In 2022, approx. 102 tons of soya sauce were exported from Costa Rica; rising by 12% on the year before. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 170% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, soya sauce exports shrank modestly to $149K in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 182% against the previous year.
Export of Soya Sauce in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 7.3 | 72.1 | 81.4 | 67.0 | 109.4% |
Nicaragua | 3.6 | 10.8 | 7.2 | 19.2 | 74.7% |
Israel | N/A | N/A | N/A | 17.7 | 0% |
Guatemala | 4.3 | 12.6 | 17.0 | 16.7 | 57.2% |
Dominican Republic | 4.5 | 4.3 | 15.5 | 15.3 | 50.4% |
United States | 27.8 | 39.4 | 25.7 | 7.1 | -36.6% |
Honduras | 1.7 | 3.7 | 3.7 | 2.8 | 18.1% |
Others | 2.3 | 2.2 | 3.0 | 3.5 | 15.0% |
Total | 51.5 | 145 | 154 | 149 | 42.5% |
Top Export Markets for Soya Sauce from Costa Rica in 2022:
- Chile (33.3 tons)
- Nicaragua (23.0 tons)
- Dominican Republic (15.3 tons)
- Israel (12.0 tons)
- Guatemala (9.3 tons)
- United States (5.0 tons)
- Honduras (2.2 tons)
This report provides an in-depth analysis of the soya sauce market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841210 - Soya sauce
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, sauces imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated some no...
In value terms, sauces exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nin...
Explore the top import markets for sauce and seasoning, backed by key statistics and data from the IndexBox market intelligence platform.
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Explore the top import markets for mixed condiments, sauces, and seasonings, including the United States, United Kingdom, Canada, France, Germany, Netherlands, Hong Kong SAR, Australia, Russia, and Mexico. Get key statistics and insights on these markets. Leverage the IndexBox market intelligence platform for accurate and up-to-date market information.