Costa Rica: Brazil Nut Market 2025

Brazil Nut Market Size in Costa Rica

In 2022, the Costa Rican brazil nut market increased by 23% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Brazil Nut Production in Costa Rica

In value terms, brazil nut production surged to $X in 2022 estimated in export price. In general, production, however, posted significant growth. The growth pace was the most rapid in 2020 when the production volume increased by 468,500%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

In 2022, the average yield of brazil nuts in Costa Rica stood at less than X kg per ha, leveling off at 2021. Over the period under review, 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 brazil nuts in Costa Rica totaled less than X ha, almost unchanged from the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern.

Brazil Nut Exports

Exports from Costa Rica

After four years of growth, shipments abroad of brazil nuts decreased by -24.2% to X tons in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 565%. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank markedly in the following year.

In value terms, brazil nut exports shrank rapidly to $X in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2013 when exports increased by 365% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Spain (X tons) was the main destination for brazil nut exports from Costa Rica, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled +56.5%.

In value terms, Spain ($X) emerged as the key foreign market for brazil nuts exports from Costa Rica.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to +45.1%.

Export Prices by Country

In 2022, the average brazil nut export price amounted to $X per ton, growing by 5.1% against the previous year. Overall, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 134% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -7.3% per year.

Brazil Nut Imports

Imports into Costa Rica

In 2022, purchases abroad of brazil nuts decreased by -6.5% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of 59%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, brazil nut imports contracted to $X in 2022. Over the period under review, imports showed a deep downturn. The growth pace was the most rapid in 2013 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main brazil nut supplier to Costa Rica, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -4.4%.

In value terms, the United States ($X) constituted the largest supplier of brazil nuts to Costa Rica.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -5.2%.

Import Prices by Country

In 2022, the average brazil nut import price amounted to $X per ton, remaining stable against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.9% per year.

Source: IndexBox Platform