Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica - 2022
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica (CIF) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica (CIF) - 2022
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $663 per ton in 2022, picking up by 7.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2017 an increase of 8% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($715 per ton), while the price for Canada amounted to $595 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.0%).
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica (FOB) - 2022
In 2022, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $907 per ton, which is down by -34.1% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 74% against the previous year. The export price peaked at $1,377 per ton in 2021, and then dropped rapidly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($912 per ton), while the average price for exports to the United States amounted to $882 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+3.0%), while the prices for the other major destinations experienced a decline.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica
Imports of vegetables; potatoes (other than seed), fresh or chilleds into Costa Rica expanded modestly to 4.6K tons in 2022, picking up by 4.3% against 2021 figures. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds rose markedly to $3.1M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 increased by +53.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.2 | 0.8 | 1.5 | 1.9 | 16.6% |
| Canada | 0.8 | 1.3 | 1.2 | 1.2 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 2.1 | 2.7 | 3.1 | 15.7% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Costa Rica in 2022:
- United States (2.6K tons)
- Canada (2.0K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica
In 2022, overseas shipments of vegetables; potatoes (other than seed), fresh or chilleds increased by 228% to 13 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp curtailment.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $12K in 2022. Over the period under review, exports, however, saw a precipitous setback.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 4.8 | 2.9 | 1.4 | 9.8 | 26.9% |
| United States | 1.6 | 0.9 | 0.4 | 2.0 | 7.7% |
| Spain | 1.0 | 0.8 | 0.5 | N/A | -29.3% |
| Russia | 0.4 | 0.3 | 0.1 | N/A | -50.0% |
| Nicaragua | 1.0 | 0.5 | 0.2 | N/A | -55.3% |
| Germany | 5.4 | 1.7 | 0.2 | N/A | -80.8% |
| Slovenia | 1.1 | 0.6 | 0.3 | N/A | -47.8% |
| Poland | 8.8 | 2.5 | 0.3 | N/A | -81.5% |
| Netherlands | 3.2 | 1.9 | 0.9 | N/A | -47.0% |
| Others | 1.5 | 1.4 | 1.2 | N/A | -10.6% |
| Total | 28.9 | 13.5 | 5.5 | 11.8 | -25.8% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Costa Rica in 2022:
- Colombia (10.8 tons)
- United States (2.3 tons)
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