Mandarins Price in Costa Rica - 2022
Contents:
- Mandarins Price in Costa Rica (CIF) - 2022
- Mandarins Price in Costa Rica (FOB) - 2022
- Mandarins Imports in Costa Rica
- Mandarins Exports in Costa Rica
Mandarins Price in Costa Rica (CIF) - 2022
The average mandarins import price stood at $1,531 per ton in 2022, increasing by 5.4% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mandarins import price increased by +39.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 22%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($1,657 per ton), while the price for Peru ($1,374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Costa Rica (FOB) - 2022
In 2022, the average mandarins export price amounted to $2,690 per ton, picking up by 9.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 42%. The export price peaked at $3,032 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +6.8% per year.
Mandarins Imports in Costa Rica
In 2022, the amount of fruit, edible imported into Costa Rica expanded significantly to 650 tons, picking up by 14% compared with 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, mandarins imports surged to $995K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 74%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Mandarins in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 259 | 527 | 321 | 657 | 36.4% |
| Peru | 265 | 592 | 320 | 212 | -7.2% |
| Chile | 15.6 | 49.1 | 46.4 | 126 | 100.6% |
| Others | 176 | 77.8 | 141 | N/A | -10.5% |
| Total | 715 | 1,246 | 829 | 995 | 11.6% |
Top Suppliers of Mandarins to Costa Rica in 2022:
- Spain (419.8 tons)
- Peru (154.5 tons)
- Chile (76.0 tons)
Mandarins Exports in Costa Rica
In 2022, approx. 25 tons of fruit, edible were exported from Costa Rica; jumping by 38% compared with the year before. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mandarins exports soared to $68K in 2022. Overall, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mandarins in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 14.7 | 13.7 | 13.0 | 68.1 | 66.7% |
| Spain | 10.7 | N/A | 0.9 | N/A | -71.0% |
| United Kingdom | 6.0 | N/A | N/A | N/A | 0% |
| Finland | N/A | 10.2 | N/A | N/A | 0% |
| Oman | N/A | N/A | 17.2 | N/A | 0% |
| United States | N/A | N/A | 6.1 | N/A | 0% |
| Canada | 2.2 | 4.3 | 7.3 | N/A | 82.2% |
| Others | 8.2 | 2.8 | 0.4 | N/A | -77.9% |
| Total | 41.8 | 31.1 | 44.9 | 68.1 | 17.7% |
Top Export Markets for Mandarins from Costa Rica in 2022:
- Nicaragua (25.3 tons)
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