Report Update Nov 1, 2024

Costa Rica - Bambara beans - Market Analysis, Forecast, Size, Trends and Insights

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Costa Rica: Bambara Bean Market 2024

Bambara Bean Market Size in Costa Rica

The Costa Rican bambara bean market shrank modestly to $X in 2022, waning by -1.5% against the previous year. In general, consumption posted a mild expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Bambara Bean Production in Costa Rica

In value terms, bambara bean production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 48% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The average yield of bambara beans in Costa Rica stood at less than X kg per ha in 2022, almost unchanged from 2021. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of bambara beans in Costa Rica amounted to less than X ha, approximately equating 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Bambara Bean Exports

Exports from Costa Rica

In 2017, bambara bean exports from Costa Rica surged to X tons, jumping by 435% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt slump. The exports peaked at X tons in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

In value terms, bambara bean exports soared to $X in 2017. In general, exports, however, faced a precipitous shrinkage. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.

Exports by Country

El Salvador (X tons) was the main destination for bambara bean exports from Costa Rica, with a approx. 100% share of total exports.

From 2015 to 2017, the average annual growth rate of volume to El Salvador was relatively modest.

In value terms, El Salvador ($X) emerged as the key foreign market for bambara beans exports from Costa Rica.

From 2015 to 2017, the average annual rate of growth in terms of value to El Salvador was relatively modest.

Export Prices by Country

The average bambara bean export price stood at $X per ton in 2017, declining by -49% against the previous year. Overall, the export price showed a sharp descent. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -14.3% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2017, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2015 to 2017, the rate of growth in terms of prices for the United States amounted to -14.3% per year.

Bambara Bean Imports

Imports into Costa Rica

In 2017, approx. X kg of bambara beans were imported into Costa Rica; which is down by 99.9% against the previous year's figure. In general, imports showed a sharp descent. Over the period under review, imports reached the peak figure at X tons in 2016, and then contracted dramatically in the following year.

In value terms, bambara bean imports plummeted to $X in 2017. Overall, imports recorded a dramatic descent. Imports peaked at $X in 2016, and then contracted markedly in the following year.

Imports by Country

In 2017, Nicaragua (X kg) was the main bambara bean supplier to Costa Rica, accounting for a approx. 100% share of total imports.

From 2016 to 2017, the average annual growth rate of volume from Nicaragua totaled -100.0%.

In value terms, Nicaragua ($X) constituted the largest supplier of bambara beans to Costa Rica.

From 2016 to 2017, the average annual growth rate of value from Nicaragua stood at -100.0%.

Import Prices by Country

In 2017, the average bambara bean import price amounted to $X per ton, growing by 114% against the previous year. Over the period under review, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Nicaragua.

From 2016 to 2017, the rate of growth in terms of prices for Nicaragua amounted to +114.4% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the bambara bean 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 203 - Bambara beans

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023