Costa Rica - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 20, 2024

Costa Rica - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Green Peas Price in Costa Rica - 2021

Contents:

  1. Green Peas Price in Costa Rica (CIF) - 2022
  2. Green Peas Price in Costa Rica (FOB) - 2022
  3. Green Peas Imports in Costa Rica
  4. Green Peas Exports in Costa Rica

Green Peas Price in Costa Rica (CIF) - 2022

In 2022, the average green peas import price amounted to $4,294 per ton, growing by 25% against the previous year. Overall, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2014 an increase of 83% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +5.2% per year.

Green Peas Price in Costa Rica (FOB) - 2022

In 2022, the average green peas export price amounted to $4,253 per ton, surging by 12% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 45%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +13.8% per year.

Green Peas Imports in Costa Rica

For the third consecutive year, Costa Rica recorded decline in supplies from abroad of peas (green), which decreased by -99.4% to 17 kg in 2022. Over the period under review, imports recorded a significant decrease. The smallest decline of -44.1% was in 2021.

In value terms, green peas imports contracted markedly to $73 in 2022. In general, imports recorded a dramatic shrinkage. The smallest decline of -37.5% was in 2021.

Import of Green Peas in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala36.116.210.10.1-86.0%
OthersN/AN/AN/AN/A0%
Total36.116.210.10.1-86.0%

Top Suppliers of Green Peas to Costa Rica in 2022:

  1. Guatemala (17.0 kg)

Green Peas Exports in Costa Rica

In 2022, exports of peas (green) from Costa Rica fell notably to 3.6 tons, declining by -75.5% against the previous year. Over the period under review, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.8% against the previous year.

In value terms, green peas exports dropped rapidly to $15K in 2022. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of $55K, and then declined significantly in the following year.

Export of Green Peas in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A15.10%
Nicaragua22.4N/AN/AN/A0%
Antigua and Barbuda23.8N/AN/AN/A0%
GabonN/A24.0N/AN/A0%
FinlandN/A14.2N/AN/A0%
PolandN/A10.8N/AN/A0%
NetherlandsN/AN/A55.1N/A0%
OthersN/AN/A0.20.1-50.0%
Total46.249.155.315.2-31.0%

Top Export Markets for Green Peas from Costa Rica in 2022:

  1. Germany (3.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green peas 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 417 - Peas, green

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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    Free Data: Peas (Green) - Costa Rica