Costa Rica - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered Milk Price in Costa Rica - 2022
Contents:
- Powdered Milk Price in Costa Rica (FOB) - 2022
- Powdered Milk Price in Costa Rica (CIF) - 2022
- Powdered Milk Exports in Costa Rica
- Powdered Milk Imports in Costa Rica
Powdered Milk Price in Costa Rica (FOB) - 2022
The average powdered milk export price stood at $5,470 per ton in 2022, jumping by 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. Over the period under review, the average export prices hit record highs at $5,484 per ton in 2015; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($7,300 per ton), while the average price for exports to Colombia ($2,042 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 (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Powdered Milk Price in Costa Rica (CIF) - 2022
The average powdered milk import price stood at $4,460 per ton in 2022, growing by 38% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk import price increased by +33.6% against 2019 indices. The import price peaked at $4,515 per ton in 2014; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($4,510 per ton), while the price for the United States stood at $4,453 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Powdered Milk Exports in Costa Rica
In 2022, powdered milk exports from Costa Rica shrank rapidly to 5K tons, which is down by -43.3% against 2021 figures. Overall, exports recorded a sharp contraction. The smallest decline of -4.8% was in 2021.
In value terms, powdered milk exports shrank remarkably to $27M in 2022. In general, exports saw a deep reduction. The smallest decline of -3.4% was in 2020.
| Export of Powdered Milk in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 21.2 | 21.8 | 20.1 | 9.2 | -24.3% |
| El Salvador | 6.1 | 8.9 | 5.9 | 7.5 | 7.1% |
| Nicaragua | 5.5 | 5.1 | 4.2 | 5.2 | -1.9% |
| Honduras | 6.0 | 3.8 | 3.5 | 3.7 | -14.9% |
| Colombia | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
| Dominican Republic | 6.6 | 5.0 | 5.4 | 0.6 | -55.0% |
| Panama | 2.0 | 0.9 | N/A | N/A | -55.0% |
| Others | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Total | 48.0 | 46.3 | 40.3 | 27.2 | -17.2% |
Top Export Markets for Powdered Milk from Costa Rica in 2022:
- Guatemala (1860.5 tons)
- El Salvador (1126.4 tons)
- Nicaragua (934.4 tons)
- Honduras (509.9 tons)
- Colombia (355.8 tons)
- Dominican Republic (128.8 tons)
Powdered Milk Imports in Costa Rica
Powdered milk imports into Costa Rica totaled 411 tons in 2022, therefore, remained relatively stable against the previous year. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of 415 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, powdered milk imports skyrocketed to $1.8M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Powdered Milk in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 505 | 743 | 1,044 | 1,610 | 47.2% |
| France | 65.4 | 218 | 79.4 | 226 | 51.2% |
| Nicaragua | 264 | 222 | 199 | N/A | -13.2% |
| Denmark | 173 | N/A | N/A | N/A | 0% |
| Others | 242 | 3.3 | 0.2 | 0.1 | -92.6% |
| Total | 1,250 | 1,186 | 1,323 | 1,835 | 13.7% |
Top Suppliers of Powdered Milk to Costa Rica in 2022:
- United States (361.5 tons)
- France (50.0 tons)
This report provides an in-depth analysis of the powdered milk 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:
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the powdered milk market in Costa Rica.
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Costa Rica.
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This report provides an in-depth analysis of the market for evaporated and condensed milk in Costa Rica.
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This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Costa Rica.
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This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Costa Rica.
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This report provides an in-depth analysis of the skim powdered milk market in Costa Rica.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Costa Rica.
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This report provides an in-depth analysis of the whole powdered milk market in Costa Rica.
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This report provides an in-depth analysis of the global powdered milk market.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
305
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
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Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1709
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
237
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
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Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
305
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1311
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1709
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
237
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
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Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
