Costa Rica: Lemon And Lime Market 2024

Lemon And Lime Market Size in Costa Rica

The Costa Rican lemon and lime market reduced to $X in 2022, which is down by X% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Lemon And Lime Production in Costa Rica

In value terms, lemon and lime production fell to $X in 2022 estimated in export price. Over the period under review, production showed a temperate increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Lemon and lime production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average lemon and lime yield in Costa Rica dropped slightly to X tons per ha, approximately equating the previous year. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the yield increased by X%. Over the period under review, the average lemon and lime yield attained the maximum level at X tons per ha in 2017; however, from 2018 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 harvested area of lemons and limes in Costa Rica was estimated at X ha, flattening at the previous year. Over the period under review, the harvested area recorded mild growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The lemon and lime harvested area peaked at X ha in 2018; afterwards, it flattened through to 2022.

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Lemon And Lime Exports

Exports from Costa Rica

Lemon and lime exports from Costa Rica reduced to X tons in 2022, waning by X% against 2021. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, lemon and lime exports contracted dramatically to $X in 2022. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Aruba (X tons), the United States (X tons) and Colombia (X tons) were the main destinations of lemon and lime exports from Costa Rica.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Aruba (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Aruba ($X) emerged as the key foreign market for lemons and limes exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Aruba was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the average lemon and lime export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to the United States ($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 Colombia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Lemon And Lime Imports

Imports into Costa Rica

In 2022, approx. X tons of lemons and limes were imported into Costa Rica; with an increase of X% against the previous year. Overall, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, lemon and lime imports soared to $X in 2022. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, El Salvador (X tons) constituted the largest supplier of lemon and lime to Costa Rica, with a X% share of total imports. Moreover, lemon and lime imports from El Salvador exceeded the figures recorded by the second-largest supplier, Peru (X tons), sixfold. Colombia (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, El Salvador ($X) constituted the largest supplier of lemons and limes to Costa Rica, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from El Salvador totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Colombia (X% per year).

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per ton) and Chile ($X per ton), while the price for El Salvador ($X per ton) and Peru ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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