Earlier Report Observations
The market volume for linseed oil-cake in Costa Rica experienced notable swings from 2018 to 2023. After falling to 292.9 tonnes in 2019, production held steady near 293 tonnes in 2020 before jumping to 371.8 tonnes in 2021. A steep drop to 203.9 tonnes occurred in 2022, but the market rebounded to 280 tonnes in the following year.
The 2023 recovery coincided with heightened consumer interest in the health benefits of omega-3s, which elevated global demand for linseed products and consequently increased oil-cake output as a processing by-product. This was further supported by the robust 7.5% annual growth in the worldwide food-grade linseed oil market.
For 2024, the market environment included the enforcement of the Central American Technical Regulation RTCA 67.01.07:10, which set updated labeling requirements for pre-packaged foods, including oils and their derivatives.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Costa Rica
- 5.1.1. Annual dynamics of production in Costa Rica in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Costa Rica in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Costa Rica
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Costa Rica in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Costa Rica by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Costa Rica in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Costa Rica by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Costa Rica, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Costa Rica by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Costa Rica in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Costa Rica by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Costa Rica in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Costa Rica by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Costa Rica, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Costa Rica by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production linseed oil-cake in Costa Rica
In kind, 2017-2020, t
Top producers of linseed oil-cake, 2017-2020
World map of production of linseed oil-cake, 2017-2020
In 2020, Costa Rica produced 292.8 t of linseed oil-cake, showing little change from 2019. Over the period from 2017 to 2020, production fell by 3.3%, which translates to an average annual decline of 1.1%. The highest production level was recorded in 2018 at 335.9 t, marking a 10.9% increase from the previous year. In contrast, 2019 saw the largest drop, with production decreasing by 12.8%.
Annual dynamics of production in Costa Rica in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.9% | (12.8%) | (0.0%) | (1.1%) |
Exports linseed oil-cake from Costa Rica
According to industry reports, Costa Rica did not export any linseed oil-cake between 2017 and 2020.
Imports linseed oil-cake to Costa Rica
Imports in kind, kg
The market displayed an unstable trend throughout the period. Imports peaked in 2018 at 752.0 kg, which was a massive 1,318.9% increase from the previous year. However, in 2019, imports plummeted by 95.2%, reaching their lowest point. By 2020, imports amounted to just 3.0 kg, down 91.7% year-over-year, resulting in a 251-fold difference between the peak in 2018 and the trough in 2020.
Annual dynamics of product's imports to Costa Rica in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 318.9% | (95.2%) | (91.7%) | (61.6%) |
From 2017 to 2020, the United States dominated Costa Rica's linseed oil-cake imports in kind, consistently holding an 89.1% share of the total. The remaining imports were distributed among other countries, highlighting a high concentration on the U.S. market.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Costa Rica in kind, 2017-2020
Imports in value, $ US
Market performance showed significant fluctuations during this period. Imports in value terms reached their highest point in 2018 at 1 821 US dollars, a 358.3% increase from the previous year. In 2019, imports dropped sharply by 98.0%, hitting a low of 37 US dollars. By 2020, imports rebounded to 1 821 US dollars, up 32.3% from 2019, with a 49-fold gap between the peak in 2018 and the low in 2019.
Annual dynamics of product's imports to Costa Rica in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 358.3% | (98.0%) | 32.3% | (50.2%) |
Between 2017 and 2020, Costa Rica's imports in value terms were heavily concentrated on the United States, which accounted for 79.0% of the total. Other trading partners made up the remainder, underscoring a strong reliance on the U.S. market.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Costa Rica in value, 2017-2020
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