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Costa Rica - Bottled Waters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Bottled Water Market 2024
Bottled Water Market Size in Costa Rica
The Costa Rican bottled water market rose slightly to $X in 2023, with an increase of X% against the previous year. In general, consumption recorded a strong expansion. Bottled water consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Bottled Water Production in Costa Rica
In value terms, bottled water production rose slightly to $X in 2023 estimated in export price. Over the period under review, production saw a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Bottled water production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.
Bottled Water Exports
Exports from Costa Rica
In 2023, bottled water exports from Costa Rica expanded rapidly to X litres, picking up by X% on 2022 figures. In general, exports, however, recorded a pronounced setback. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of X litres. From 2016 to 2023, the growth of the exports remained at a lower figure.
In value terms, bottled water exports expanded remarkably to $X in 2023. Overall, exports showed a temperate increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a lower figure.
Exports by Country
Panama (X litres) was the main destination for bottled water exports from Costa Rica, accounting for a X% share of total exports. Moreover, bottled water exports to Panama exceeded the volume sent to the second major destination, Nicaragua (X litres), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume to Panama amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and the United States (X% per year).
In value terms, Panama ($X) remains the key foreign market for bottled waters exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Panama totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Nicaragua (X% per year).
Export Prices by Country
The average bottled water export price stood at $X per litre in 2023, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The growth pace was the most rapid in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per litre. From 2021 to 2023, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to Nicaragua ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (X%), while the prices for the other major destinations experienced more modest paces of growth.
Bottled Water Imports
Imports into Costa Rica
In 2023, the amount of bottled waters imported into Costa Rica surged to X litres, growing by X% on the year before. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, bottled water imports skyrocketed to $X in 2023. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to continue growth in years to come.
Imports by Country
In 2023, the United States (X litres) constituted the largest supplier of bottled water to Costa Rica, with a X% share of total imports. Moreover, bottled water imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X litres), twofold. Spain (X litres) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).
In value terms, the largest bottled water suppliers to Costa Rica were the United States ($X), Italy ($X) and Fiji ($X), together accounting for X% of total imports.
In terms of the main suppliers, Fiji, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average bottled water import price amounted to $X per litre, reducing by X% against the previous year. Overall, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2019 an increase of X%. The import price peaked at $X per litre in 2014; however, from 2015 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Nicaragua ($X per litre), while the price for the United States ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nicaragua (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the bottled water 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:
- Prodcom 11071130 - Mineral waters and aerated waters, unsweetened
- Prodcom 11071150 - Unsweetened and non-flavoured waters, ice and snow (excluding mineral and aerated waters)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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