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Costa Rica - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Temporarily Preserved Vegetable Market 2024
Temporarily Preserved Vegetable Market Size in Costa Rica
The Costa Rican temporarily preserved vegetable market rose to $X in 2022, with an increase of 2.4% against the previous year. In general, consumption continues to indicate a sharp decline. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
Temporarily Preserved Vegetable Production in Costa Rica
In value terms, temporarily preserved vegetable production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the production volume increased by 25% against the previous year. Temporarily preserved vegetable production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.
Temporarily Preserved Vegetable Exports
Exports from Costa Rica
In 2022, approx. X tons of vegetables (temporarily preserved) were exported from Costa Rica; increasing by 3% against the previous year's figure. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 715% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, temporarily preserved vegetable exports totaled $X in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 489% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Exports by Country
The United States (X tons), El Salvador (X tons) and Germany (X tons) were the main destinations of temporarily preserved vegetable exports from Costa Rica, together comprising 94% of total exports. Guatemala and Canada lagged somewhat behind, together accounting for a further 5.9%.
From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +154.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) remains the key foreign market for vegetables (temporarily preserved) exports from Costa Rica, comprising 58% of total exports. The second position in the ranking was taken by El Salvador ($X), with a 27% share of total exports. It was followed by Canada, with a 5.7% share.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+109.5% per year) and Canada (+170.2% per year).
Export Prices by Country
The average temporarily preserved vegetable export price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The growth pace was the most rapid in 2020 an increase of 35%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Germany ($X 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 Canada (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Temporarily Preserved Vegetable Imports
Imports into Costa Rica
After three years of decline, supplies from abroad of vegetables (temporarily preserved) increased by 116% to X tons in 2022. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 439%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
In value terms, temporarily preserved vegetable imports skyrocketed to $X in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by 384%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
Imports by Country
Panama (X tons), the United States (X tons) and Nicaragua (X tons) were the main suppliers of temporarily preserved vegetable imports to Costa Rica, together comprising 96% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Panama (with a CAGR of +165.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Panama ($X) constituted the largest supplier of vegetables (temporarily preserved) to Costa Rica, comprising 68% of total imports. The second position in the ranking was held by the United States ($X), with a 19% share of total imports. It was followed by Nicaragua, with a 6.9% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Panama amounted to +180.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.3% per year) and Nicaragua (+12.7% per year).
Import Prices by Country
In 2022, the average temporarily preserved vegetable import price amounted to $X per ton, surging by 28% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the temporarily preserved vegetable 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 474 - Vegetables, Temporarily Preserved
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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