Costa Rica - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in Costa Rica - 2021
Contents:
- Coconut Price in Costa Rica (FOB) - 2022
- Coconut Price in Costa Rica (CIF) - 2022
- Coconut Exports in Costa Rica
- Coconut Imports in Costa Rica
Coconut Price in Costa Rica (FOB) - 2022
The average coconut export price stood at $871 per ton in 2022, with an increase of 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2021 when the average export price increased by 20%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,460 per ton), while the average price for exports to the Netherlands ($582 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 Belgium (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.
Coconut Price in Costa Rica (CIF) - 2022
In 2022, the average coconut import price amounted to $382 per ton, which is down by -72.3% against the previous year. In general, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of 529% against the previous year. As a result, import price attained the peak level of $3,304 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to -9.8% per year.
Coconut Exports in Costa Rica
In 2022, approx. 2.9K tons of coconuts were exported from Costa Rica; increasing by 2.4% against the previous year's figure. Over the period under review, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 142% against the previous year.
In value terms, coconut exports rose remarkably to $2.5M in 2022. Overall, exports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 190%.
Export of Coconut in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 1,107 | 222 | 852 | 1,129 | 0.7% |
United States | 53.4 | 194 | 1,200 | 1,068 | 171.4% |
Netherlands | 47.0 | 1.7 | 5.6 | 322 | 89.9% |
United Kingdom | 10.9 | 312 | 27.9 | 16.8 | 15.5% |
France | 94.8 | 5.0 | 1.5 | 1.8 | -73.3% |
Italy | 242 | N/A | N/A | N/A | 0% |
Others | 1,329 | 65.8 | 235 | 8.6 | -81.4% |
Total | 2,885 | 801 | 2,322 | 2,546 | -4.1% |
Top Export Markets for Coconut from Costa Rica in 2022:
- Canada (1600.4 tons)
- United States (731.3 tons)
- Netherlands (553.4 tons)
- United Kingdom (23.8 tons)
- France (1.9 tons)
Coconut Imports in Costa Rica
In 2022, the amount of coconuts imported into Costa Rica contracted rapidly to 9 tons, with a decrease of -65% on 2021. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 78%.
In value terms, coconut imports declined remarkably to $3.4K in 2022. In general, imports faced a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 281% against the previous year. As a result, imports attained the peak of $35K, and then contracted notably in the following year.
Import of Coconut in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nicaragua | 31.6 | 9.3 | 2.5 | 3.4 | -52.4% |
Brazil | N/A | N/A | 33.0 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 31.6 | 9.3 | 35.5 | 3.4 | -52.4% |
Top Suppliers of Coconut to Costa Rica in 2022:
- Nicaragua (9.0 tons)
This report provides an in-depth analysis of the coconut 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 249 - Coconuts
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
-
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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