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Costa Rica - Honey - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Honey Market 2024
Honey Market Size in Costa Rica
The Costa Rican honey market rose notably to $X in 2023, growing by X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.
Honey Production in Costa Rica
In value terms, honey production rose markedly to $X in 2023 estimated in export price. In general, production, however, showed a mild decline. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Honey production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Honey Exports
Exports from Costa Rica
In 2023, the amount of honey exported from Costa Rica contracted sharply to X tons, declining by X% against 2022. Over the period under review, exports continue to indicate a precipitous decline. The exports peaked at X tons in 2022, and then contracted sharply in the following year.
In value terms, honey exports dropped significantly to $X in 2023. Overall, exports saw a dramatic curtailment. The exports peaked at $X in 2022, and then shrank sharply in the following year.
Exports by Country
The Netherlands (X tons) was the main destination for honey exports from Costa Rica, with a X% share of total exports. Moreover, honey exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), threefold.
From 2022 to 2023, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.
In value terms, the largest markets for honey exported from Costa Rica were the Netherlands ($X) and France ($X).
The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.
Export Prices by Country
The average honey export price stood at $X per ton in 2023, standing approx. at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.
From 2022 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (X%).
Honey Imports
Imports into Costa Rica
In 2023, after two years of growth, there was significant decline in purchases abroad of honey, when their volume decreased by X% to X tons. In general, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.
In value terms, honey imports reduced to $X in 2023. Over the period under review, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, El Salvador (X tons) constituted the largest supplier of honey to Costa Rica, with a X% share of total imports. Moreover, honey imports from El Salvador exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), threefold.
From 2012 to 2023, the average annual rate of growth in terms of volume from El Salvador totaled X%.
In value terms, El Salvador ($X) constituted the largest supplier of honey to Costa Rica, comprising X% of total imports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from El Salvador amounted to X%.
Import Prices by Country
In 2023, the average honey import price amounted to $X per ton, declining by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was El Salvador ($X per ton), while the price for Guatemala stood at $X per ton.
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 more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the honey 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 1182 - Honey
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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