Costa Rica - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLemon and Lime Price in Costa Rica - 2022
Contents:
- Lemon and Lime Price in Costa Rica (CIF) - 2022
- Lemon and Lime Price in Costa Rica (FOB) - 2022
- Lemon and Lime Imports in Costa Rica
- Lemon and Lime Exports in Costa Rica
Lemon and Lime Price in Costa Rica (CIF) - 2022
In 2022, the average lemon and lime import price amounted to $1,221 per ton, declining by -3.9% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2018 an increase of 116%. Over the period under review, average import prices hit record highs at $1,461 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($1,654 per ton) and Chile ($1,531 per ton), while the price for El Salvador ($1,148 per ton) and Peru ($1,394 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Lemon and Lime Price in Costa Rica (FOB) - 2022
The average lemon and lime export price stood at $717 per ton in 2022, reducing by -39.9% against the previous year. Over the period under review, the export price showed a noticeable slump. The growth pace was the most rapid in 2018 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $2,117 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,080 per ton), while the average price for exports to Colombia ($569 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 the United States (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Lemon and Lime Imports in Costa Rica
In 2022, the amount of lemons and limes imported into Costa Rica soared to 820 tons, jumping by 37% on the previous year's figure. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lemon and lime imports surged to $1M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lemon and Lime in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 820 | 806 | 623 | 726 | -4.0% |
| Peru | 29.9 | 28.8 | 24.5 | 137 | 66.1% |
| Colombia | 6.8 | 4.3 | 1.6 | 70.4 | 117.9% |
| Spain | 13.7 | 15.8 | 28.6 | 35.0 | 36.7% |
| Chile | 3.5 | 11.4 | 18.8 | 32.1 | 109.3% |
| Mexico | 37.7 | 67.5 | 65.3 | N/A | 31.6% |
| Others | 33.7 | 18.8 | 1.2 | 1.7 | -63.1% |
| Total | 945 | 952 | 763 | 1,002 | 2.0% |
Top Suppliers of Lemon and Lime to Costa Rica in 2022:
- El Salvador (632.6 tons)
- Peru (98.0 tons)
- Colombia (47.6 tons)
- Spain (21.1 tons)
- Chile (21.0 tons)
Lemon and Lime Exports in Costa Rica
For the third consecutive year, Costa Rica recorded decline in overseas shipments of lemons and limes, which decreased by -11.8% to 34 tons in 2022. Overall, exports showed a deep slump. The smallest decline of -4.2% was in 2020.
In value terms, lemon and lime exports reduced dramatically to $25K in 2022. Over the period under review, exports saw a precipitous shrinkage. The smallest decline of -20.6% was in 2020.
| Export of Lemon and Lime in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | N/A | N/A | N/A | 15.7 | 0% |
| United States | 2.3 | 2.6 | 5.0 | 7.3 | 47.0% |
| Colombia | 1.9 | 2.2 | 0.1 | 1.6 | -5.6% |
| Spain | 13.9 | 12.9 | 7.3 | N/A | -27.5% |
| Germany | 4.0 | 2.5 | 1.5 | N/A | -38.8% |
| Ireland | 4.8 | 0.4 | 4.0 | N/A | -8.7% |
| France | 10.0 | 8.5 | 7.5 | N/A | -13.4% |
| Finland | 13.7 | 2.4 | 5.2 | N/A | -38.4% |
| Poland | 0.8 | 5.8 | 1.9 | N/A | 54.1% |
| Canada | 7.7 | 11.3 | 4.9 | N/A | -20.2% |
| Others | 19.8 | 14.2 | 9.0 | N/A | -32.6% |
| Total | 78.9 | 62.7 | 46.4 | 24.6 | -32.2% |
Top Export Markets for Lemon and Lime from Costa Rica in 2022:
- Aruba (24.7 tons)
- United States (6.8 tons)
- Colombia (2.9 tons)
This report provides an in-depth analysis of the lemon and lime 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 497 - Lemons and limes
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, HARVESTED AREA 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
- Area Harvested, 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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