Costa Rica - Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNuts Price in Costa Rica - 2022
Contents:
- Nuts Price in Costa Rica (CIF) - 2022
- Nuts Price in Costa Rica (FOB) - 2022
- Nuts Imports in Costa Rica
- Nuts Exports in Costa Rica
Nuts Price in Costa Rica (CIF) - 2022
In 2022, the average nuts import price amounted to $6,813 per ton, picking up by 21% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nuts import price increased by +60.6% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
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 ($17,795 per ton), while the price for Colombia ($2,644 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Nuts Price in Costa Rica (FOB) - 2022
The average nuts export price stood at $13,543 per ton in 2022, picking up by 8.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 91%. Over the period under review, the average export prices hit record highs at $17,416 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,753 per ton), while the average price for exports to Spain ($563 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 (+2.6%), while the prices for the other major destinations experienced a decline.
Nuts Imports in Costa Rica
In 2022, approx. 152 tons of nuts were imported into Costa Rica; dropping by -48.6% against 2021 figures. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.
In value terms, nuts imports declined dramatically to $1M in 2022. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of $1.7M, and then declined dramatically in the following year.
| Import of Nuts in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | N/A | 56.2 | 309 | 414 | 171.4% |
| Guatemala | 875 | 594 | 644 | 365 | -25.3% |
| United States | 622 | 370 | 652 | 181 | -33.7% |
| Colombia | N/A | N/A | N/A | 78.0 | 0% |
| Others | 9.9 | 42.5 | 68.9 | 0.2 | -72.8% |
| Total | 1,507 | 1,063 | 1,674 | 1,039 | -11.7% |
Top Suppliers of Nuts to Costa Rica in 2022:
- Guatemala (86.8 tons)
- Colombia (29.5 tons)
- Dominican Republic (25.9 tons)
- United States (10.2 tons)
Nuts Exports in Costa Rica
For the third consecutive year, Costa Rica recorded decline in overseas shipments of nuts, which decreased by -27.7% to 26 tons in 2022. Overall, exports showed a sharp downturn. The smallest decline of -19.2% was in 2021.
In value terms, nuts exports dropped notably to $349K in 2022. In general, exports continue to indicate a sharp slump.
| Export of Nuts in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,940 | 765 | 435 | 334 | -44.4% |
| New Caledonia | N/A | N/A | N/A | 9.0 | 0% |
| Spain | N/A | N/A | 1.2 | 2.6 | 116.7% |
| Others | 3.7 | 4.0 | 8.1 | 3.2 | -4.7% |
| Total | 1,943 | 769 | 444 | 349 | -43.6% |
Top Export Markets for Nuts from Costa Rica in 2022:
- United States (20.0 tons)
- Spain (4.6 tons)
- New Caledonia (0.8 tons)
This report provides an in-depth analysis of the nuts 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 221 - Almonds
- FCL 223 - Pistachios
- FCL 222 - Walnuts
- FCL 220 - Chestnuts
- FCL 217 - Cashew nuts
- FCL 225 - Hazelnuts (Filberts)
- FCL 216 - Brazil nuts
- FCL 234 - Nuts nes
- FCL 224 - Kolanuts
- FCL 226 - Areca nuts
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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This report provides an in-depth analysis of the nuts market in Costa Rica.
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This report provides an in-depth analysis of the almond market in Costa Rica.
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This report provides an in-depth analysis of the shelled walnut market in Costa Rica.
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This report provides an in-depth analysis of the shelled hazelnut market in Costa Rica.
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This report provides an in-depth analysis of the walnut market in Costa Rica.
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This report provides an in-depth analysis of the pistachio market in Costa Rica.
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This report provides an in-depth analysis of the kola nut market in Costa Rica.
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This report provides an in-depth analysis of the hazelnut market in Costa Rica.
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This report provides an in-depth analysis of the chestnut market in Costa Rica.
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This report provides an in-depth analysis of the areca nut market in Costa Rica.
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