Costa Rica - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Costa Rica - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Piper Pepper Price in Costa Rica - 2022

Contents:

  1. Piper Pepper Price in Costa Rica (CIF) - 2022
  2. Piper Pepper Price in Costa Rica (FOB) - 2022
  3. Piper Pepper Imports in Costa Rica
  4. Piper Pepper Exports in Costa Rica

Piper Pepper Price in Costa Rica (CIF) - 2022

In 2022, the average piper pepper import price amounted to $7,078 per ton, rising by 37% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The import price peaked at $7,543 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,431 per ton), while the price for Guatemala ($3,893 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 (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Piper Pepper Price in Costa Rica (FOB) - 2022

In 2022, the average piper pepper export price amounted to $5,531 per ton, growing by 4.9% against the previous year. Over the period under review, the export price showed modest growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 85%. The export price peaked at $9,113 per ton in 2016; however, from 2017 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 El Salvador ($12,774 per ton), while the average price for exports to Belgium ($2,315 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 Argentina (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports in Costa Rica

Piper pepper imports into Costa Rica shrank modestly to 355 tons in 2022, declining by -4% against the previous year's figure. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 370 tons, and then shrank modestly in the following year.

In value terms, piper pepper imports skyrocketed to $2.5M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Piper Pepper in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0108711,1301,40211.6%
India37.786.1150479133.3%
Vietnam458277255383-5.8%
Guatemala23.978.513810664.3%
China2.31.316.359.8196.2%
Spain9.027.078.143.068.4%
HondurasN/AN/A59.7N/A0%
Others95.423.884.039.6-25.4%
Total1,6361,3641,9112,51215.4%

Top Suppliers of Piper Pepper to Costa Rica in 2022:

  1. United States (166.3 tons)
  2. Vietnam (78.6 tons)
  3. India (60.7 tons)
  4. Guatemala (27.2 tons)
  5. China (9.9 tons)
  6. Spain (6.7 tons)

Piper Pepper Exports in Costa Rica

In 2022, overseas shipments of piper pepper decreased by -82.1% to 24 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 167 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, piper pepper exports reduced notably to $134K in 2022. In general, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 8.2% against the previous year. As a result, the exports attained the peak of $748K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Piper Pepper in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama14087.610462.9-23.4%
El Salvador36937235744.1-50.7%
Guatemala84.083.878.526.0-32.4%
BelgiumN/A2.66.61.5-24.0%
Nicaragua33.026.938.7N/A8.3%
ArgentinaN/A54.149.3N/A-8.9%
Mexico57.8N/AN/AN/A0%
Honduras7.912168.5N/A194.5%
OthersN/AN/A13.1N/A0%
Total692748716134-42.1%

Top Export Markets for Piper Pepper from Costa Rica in 2022:

  1. Panama (17.1 tons)
  2. El Salvador (3.5 tons)
  3. Guatemala (3.1 tons)
  4. Belgium (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the piper pepper 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 687 - Pepper

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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