Costa Rica - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Artichoke Market 2024
Artichoke Market Size in Costa Rica
The Costa Rican artichoke market dropped to $X in 2022, remaining stable against the previous year. Over the period under review, consumption saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the market value increased by X%. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Artichoke Production in Costa Rica
In value terms, artichoke production expanded slightly to $X in 2022 estimated in export price. In general, production, however, recorded significant growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Artichoke production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.
The average yield of artichokes in Costa Rica fell modestly to X tons per ha in 2022, approximately reflecting the year before. Over the period under review, the yield continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The artichoke yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2022, the total area harvested in terms of artichokes production in Costa Rica amounted to X ha, standing approx. at the year before. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. Over the period under review, the harvested area dedicated to artichoke production reached the peak figure in 2022 and is likely to continue growth in the near future.
Artichoke Exports
Exports from Costa Rica
In 2017, approx. X kg of artichokes were exported from Costa Rica; with a decrease of X% compared with 2016. Overall, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2017, the exports stood at a somewhat lower figure.
In value terms, artichoke exports reduced notably to $X in 2017. In general, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.
Exports by Country
Norway (X kg) was the main destination for artichoke exports from Costa Rica, with a X% share of total exports. Moreover, artichoke exports to Norway exceeded the volume sent to the second major destination, Nicaragua (X kg), threefold.
From 2012 to 2017, the average annual growth rate of volume to Norway totaled X%.
In value terms, the largest markets for artichoke exported from Costa Rica were Norway ($X) and Nicaragua ($X).
In terms of the main countries of destination, Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.
Export Prices by Country
The average artichoke export price stood at $X per ton in 2017, remaining relatively unchanged against the previous year. Overall, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2017, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2017, amid the top suppliers, the country with the highest price was Nicaragua ($X per ton), while the average price for exports to Norway stood at $X per ton.
From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%).
Artichoke Imports
Imports into Costa Rica
In 2017, approx. X kg of artichokes were imported into Costa Rica; approximately mirroring the previous year. In general, imports recorded a pronounced increase. The smallest decline of X% was in 2013. Over the period under review, imports attained the peak figure in 2017 and are expected to retain growth in years to come.
In value terms, artichoke imports totaled $X in 2017. Overall, imports saw a significant expansion. The smallest decline of X% was in 2013. Imports peaked in 2017 and are expected to retain growth in the immediate term.
Imports by Country
In 2017, the United States (X kg) was the main artichoke supplier to Costa Rica, accounting for a X% share of total imports. It was followed by Colombia (X kg), with a X% share of total imports.
From 2012 to 2017, the average annual growth rate of volume from the United States stood at X%.
In value terms, the United States ($X) constituted the largest supplier of artichokes to Costa Rica, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with a X% share of total imports.
From 2012 to 2017, the average annual growth rate of value from the United States amounted to X%.
Import Prices by Country
In 2017, the average artichoke import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price showed prominent growth. The pace of growth was the most pronounced in 2013 when the average import price decreased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2017 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2017, amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for the United States stood at $X per ton.
From 2012 to 2017, the most notable rate of growth in terms of prices was attained by the United States (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the artichoke 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 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
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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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