Costa Rica - Vegetables And Melons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVegetable and Melon Price in Costa Rica - 2022
Contents:
- Vegetable and Melon Price in Costa Rica (FOB) - 2022
- Vegetable and Melon Price in Costa Rica (CIF) - 2022
- Vegetable and Melon Exports in Costa Rica
- Vegetable and Melon Imports in Costa Rica
Vegetable and Melon Price in Costa Rica (FOB) - 2022
In 2022, the average vegetable and melon export price amounted to $658 per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 11%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Trinidad and Tobago ($707 per ton) and the United States ($694 per ton), while the average price for exports to the UK ($549 per ton) and the Netherlands ($578 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable and Melon Price in Costa Rica (CIF) - 2022
The average vegetable and melon import price stood at $1,160 per ton in 2022, surging by 15% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure at $1,544 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Colombia ($2,508 per ton), while the price for Canada ($595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable and Melon Exports in Costa Rica
For the third year in a row, Costa Rica recorded decline in overseas shipments of vegetables and melons, which decreased by -9.1% to 160K tons in 2022. Over the period under review, exports continue to indicate a abrupt downturn.
In value terms, vegetable and melon exports reached $105M in 2022. In general, exports showed a deep downturn.
| Export of Vegetable and Melon in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.7 | 41.7 | 39.5 | 46.4 | 2.8% |
| Netherlands | 25.9 | 26.8 | 22.5 | 18.8 | -10.1% |
| Belgium | 8.3 | 2.8 | 3.9 | 14.0 | 19.0% |
| United Kingdom | 7.6 | 8.2 | 9.5 | 9.2 | 6.6% |
| Trinidad and Tobago | 5.4 | 5.2 | 3.7 | 4.6 | -5.2% |
| Others | 40.1 | 31.0 | 25.8 | 12.4 | -32.4% |
| Total | 130 | 116 | 105 | 105 | -6.9% |
Top Export Markets for Vegetable and Melon from Costa Rica in 2022:
- United States (66.8K tons)
- Netherlands (32.5K tons)
- Belgium (22.5K tons)
- United Kingdom (16.8K tons)
- Trinidad and Tobago (6.6K tons)
Vegetable and Melon Imports in Costa Rica
In 2022, purchases abroad of vegetables and melons decreased by -4.9% to 11K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 7.1% against the previous year. As a result, imports reached the peak of 12K tons, and then contracted slightly in the following year.
In value terms, vegetable and melon imports reached $13M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetable and Melon in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 6.0 | 6.1 | 5.8 | 1.2% |
| United States | 2.0 | 1.7 | 2.7 | 2.3 | 4.8% |
| Canada | 0.7 | 1.2 | 1.2 | 1.2 | 19.7% |
| Nicaragua | 0.1 | 0.1 | 0.4 | 1.2 | 128.9% |
| Peru | 0.7 | 0.5 | 0.6 | 1.0 | 12.6% |
| Colombia | 0.9 | 0.7 | 0.4 | 0.8 | -3.9% |
| Mexico | 0.7 | 0.6 | 0.3 | 0.6 | -5.0% |
| Others | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
| Total | 11.0 | 11.2 | 11.9 | 13.0 | 5.7% |
Top Suppliers of Vegetable and Melon to Costa Rica in 2022:
- China (4.1K tons)
- United States (3.1K tons)
- Canada (2.0K tons)
- Nicaragua (0.6K tons)
- Peru (0.5K tons)
- Mexico (0.5K tons)
- Colombia (0.3K tons)
This report provides an in-depth analysis of the vegetable and melon 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 116 - Potatoes
- FCL 388 - Tomatoes, fresh
- FCL 402 - Onions, shallots (green)
- FCL 403 - Onions, dry
- FCL 406 - Garlic
- FCL 407 - Leeks and other alliaceous vegetables
- FCL 393 - Cauliflowers and broccoli
- FCL 372 - Lettuce and chicory
- FCL 426 - Carrot
- FCL 397 - Cucumbers and gherkins
- FCL 417 - Peas, green
- FCL 414 - Beans, green
- FCL 423 - String Beans
- FCL 367 - Asparagus
- FCL 399 - Eggplants
- FCL 401 - Chillies and peppers (green)
- FCL 373 - Spinach
- FCL 260 - Olives
- FCL 394 - Pumpkins, squash and gourds
- FCL 463 - Vegetables, Fresh n.e.s.
- FCL 446 - Green Corn (Maize)
- FCL 430 - Okra
- FCL 394 - Pumpkins, squash and gourds
- FCL 378 - Cassava leaves
- FCL 366 - Artichokes
- FCL 260 - Olives
- FCL 358 - Cabbages
- FCL 449 - Mushrooms
- FCL 366 - Artichokes
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
-
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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