Costa Rica: Pineapple Market 2024

Pineapple Market Size in Costa Rica

The Costa Rican pineapple market dropped to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated a measured increase 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. Pineapple consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Pineapple Production in Costa Rica

In value terms, pineapple production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average pineapple yield in Costa Rica dropped to X tons per ha, which is down by X% compared with the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the yield increased by X% against the previous year. The pineapple yield peaked at X tons per ha in 2019; however, from 2020 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.

The pineapple harvested area in Costa Rica amounted to X ha in 2022, flattening at the previous year. Overall, the harvested area showed a mild decline. The growth pace was the most rapid in 2016 when the harvested area increased by X%. The pineapple harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

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Pineapple Exports

Exports from Costa Rica

Pineapple exports from Costa Rica dropped to X tons in 2022, falling by X% compared with the year before. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, pineapple exports reduced to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2022.

Exports by Country

The United States (X tons) was the main destination for pineapple exports from Costa Rica, with a X% share of total exports. Moreover, pineapple exports to the United States exceeded the volume sent to the second major destination, Belgium (X tons), sevenfold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) remains the key foreign market for pineapples exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Belgium (X% per year).

Export Prices by Country

The average pineapple export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($X per ton) and the Netherlands ($X per ton), while the average price for exports to the UK ($X per ton) and France ($X 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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pineapple Imports

Imports into Costa Rica

In 2022, the amount of pineapples imported into Costa Rica fell dramatically to X tons, waning by X% compared with the previous year. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, pineapple imports fell significantly to $X in 2022. Overall, imports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest pineapple supplier to Costa Rica, with a X% share of total imports. Moreover, pineapple imports from the United States exceeded the figures recorded by the second-largest supplier, Colombia (X kg), fourfold.

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

In value terms, Colombia ($X) constituted the largest supplier of pineapples to Costa Rica, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

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

Import Prices by Country

The average pineapple import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price showed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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