Costa Rica: Cheese And Curd Market 2024

Cheese And Curd Market Size in Costa Rica

The Costa Rican cheese and curd market declined modestly to $X in 2022, waning by X% against the previous year. In general, consumption, however, posted a prominent expansion. Cheese and curd consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Cheese And Curd Production in Costa Rica

In value terms, cheese and curd production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed resilient growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Cheese and curd production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Cheese And Curd Exports

Exports from Costa Rica

In 2022, overseas shipments of cheese and curd increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, cheese and curd exports rose markedly to $X in 2022. In general, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Guatemala (X tons) was the main destination for cheese and curd exports from Costa Rica, accounting for a X% share of total exports. Moreover, cheese and curd exports to Guatemala exceeded the volume sent to the second major destination, Nicaragua (X tons), fourfold. The third position in this ranking was taken by El Salvador (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Guatemala totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and El Salvador (X% per year).

In value terms, Guatemala ($X) remains the key foreign market for cheese and curd exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Guatemala totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Honduras (X% per year).

Export Prices by Country

In 2022, the average cheese and curd export price amounted to $X per ton, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained 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 ($X per ton), while the average price for exports to Guatemala ($X 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 Panama (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Costa Rica

In 2022, the amount of cheese and curd imported into Costa Rica was estimated at X tons, leveling off at the year before. Over the period under review, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, cheese and curd imports fell to $X in 2022. Overall, imports recorded a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of cheese and curd to Costa Rica, with a X% share of total imports. Moreover, cheese and curd imports from the United States exceeded the figures recorded by the second-largest supplier, Nicaragua (X tons), threefold. The third position in this ranking was held by El Salvador (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (X% per year) and El Salvador (X% per year).

In value terms, the United States ($X) constituted the largest supplier of cheese and curd to Costa Rica, comprising X% of total imports. The second position in the ranking was held by Nicaragua ($X), with a X% share of total imports. It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (X% per year) and El Salvador (X% per year).

Import Prices by Country

In 2022, the average cheese and curd import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average 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 Italy ($X per ton), while the price for El Salvador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :