Onion Price in Costa Rica - 2022
Contents:
- Onion Price in Costa Rica (CIF) - 2022
- Onion Price in Costa Rica (FOB) - 2022
- Onion Imports in Costa Rica
- Onion Exports in Costa Rica
Onion Price in Costa Rica (CIF) - 2022
The average onion import price stood at $766 per ton in 2022, with an increase of 5.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 28%. The import price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($951 per ton), while the price for Peru amounted to $552 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Price in Costa Rica (FOB) - 2022
In 2022, the average onion export price amounted to $286 per ton, which is down by -32.2% against the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 116%. Over the period under review, the average export prices hit record highs at $429 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($896 per ton), while the average price for exports to Nicaragua ($257 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 Guatemala (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Imports in Costa Rica
In 2022, approx. 832 tons of onions (dry) were imported into Costa Rica; waning by -45.9% on the year before. Over the period under review, imports showed a abrupt decline. The smallest decline of -0.5% was in 2021.
In value terms, onion imports contracted significantly to $638K in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, imports reached the peak of $1.1M, and then dropped rapidly in the following year.
| Import of Onion in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 692 | 864 | 823 | 426 | -14.9% |
| Peru | 157 | 84.8 | 90.1 | 212 | 10.5% |
| Nicaragua | 37.9 | N/A | 197 | N/A | 128.0% |
| Others | 15.0 | 16.2 | 6.5 | N/A | -34.2% |
| Total | 902 | 965 | 1,116 | 638 | -10.9% |
Top Suppliers of Onion to Costa Rica in 2022:
- United States (447.9 tons)
- Peru (384.4 tons)
Onion Exports in Costa Rica
In 2022, exports of onions (dry) from Costa Rica soared to 399 tons, rising by 123% compared with the year before. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 138% against the previous year.
In value terms, onion exports soared to $114K in 2022. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 121% against the previous year.
| Export of Onion in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 17.5 | 31.8 | 65.0 | 86.0 | 70.0% |
| El Salvador | 80.6 | N/A | N/A | 13.8 | -44.5% |
| United States | N/A | N/A | 7.3 | 11.0 | 50.7% |
| Guatemala | 69.4 | N/A | N/A | N/A | 0% |
| Others | 4.3 | 2.4 | 3.1 | 3.7 | -4.9% |
| Total | 172 | 34.2 | 75.5 | 114 | -12.8% |
Top Export Markets for Onion from Costa Rica in 2022:
- Nicaragua (334.9 tons)
- El Salvador (49.4 tons)
- United States (12.2 tons)
616
This report provides an in-depth analysis of the onion and shallot market in Costa Rica.
165
This report provides an in-depth analysis of the garlic market in Costa Rica.
392
This report provides an in-depth analysis of the leek market in Costa Rica.
3079
This report provides an in-depth analysis of the global onion and shallot market.
15564
This report provides an in-depth analysis of the global garlic market.
2196
This report provides an in-depth analysis of the global leek market.
616
This report provides an in-depth analysis of the onion and shallot market in Costa Rica.
165
This report provides an in-depth analysis of the garlic market in Costa Rica.
392
This report provides an in-depth analysis of the leek market in Costa Rica.
3079
This report provides an in-depth analysis of the global onion and shallot market.
102
Discover the projected growth of the global onion and shallot market, with an expected increase in market volume to 136M tons and value to $77B by the end of 2030.
4627
Global dry onion consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
2343
In 2015, the countries with the highest levels of dry onion production were China (X thousand tons), India (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
2254
Global dry onion consumption stood at X tons in 2016, undergoing a measured upward trend with an annual average growth rate of +X% from 2007 to 2016.
1919
With a surge of exports in 2014, India seized control of the dry onion market. India exported X thousand tons of dry onion last year totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X.
349
Explore the top import markets for garlic in the world and the countries with the highest import values for this aromatic ingredient. Learn about the demand, trends, and key statistics.
1179
Global garlic imports rose by 13% to 2.5M tons in 2020, boosted by the increased popularity of home cooking and a widespread reputation that the product helps to strengthen immunity. Indonesia remains the largest global importer, followed by Vietnam and Malaysia. China dominates global garlic exports, supplying 89% of the total volume. Chinese manufacturers managed to ramp up exports which led to a drop in prices.
2236
The global garlic consumption stood at $X in 2016, which was +X% more than the year before. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be incl
45730
Global garlic consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
3191
Global garlic exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
