Costa Rica: Fruit And Berry Market 2024

Fruit And Berry Market Size in Costa Rica

In 2022, the Costa Rican fruit and berry market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fruit And Berry Production in Costa Rica

In value terms, fruit and berry production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Fruit and berry production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average yield of fruits and berries in Costa Rica shrank modestly to X tons per ha, reducing by X% against 2021. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average fruit and berry yield remained at a lower figure. 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 fruits and berries in Costa Rica totaled X ha, remaining relatively unchanged against the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to fruit and berry production attained the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Fruit And Berry Exports

Exports from Costa Rica

In 2022, overseas shipments of fruits and berries decreased by X% to X tons, falling for the third year in a row after four years of growth. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fruit and berry exports dropped significantly to $X in 2022. Over the period under review, exports recorded a slight curtailment. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for fruit and berry exports from Costa Rica, accounting for a X% share of total exports. Moreover, fruit and berry exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The third position in this ranking was held by Belgium (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Belgium (X% per year).

In value terms, the United States ($X) remains the key foreign market for fruits and berries exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average fruit and berry export price amounted to $X per ton, falling by X% against the previous year. In general, the export price showed a mild shrinkage. The growth pace was the most rapid in 2019 an increase of X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and Spain ($X per ton), while the average price for exports to the UK ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit And Berry Imports

Imports into Costa Rica

In 2022, purchases abroad of fruits and berries decreased by X% to X tons, falling for the second year in a row after seven years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, fruit and berry imports reached $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Nicaragua (X tons), Chile (X tons) and Peru (X tons) were the main suppliers of fruit and berry imports to Costa Rica, with a combined X% share of total imports. Panama, the United States, Italy, France, Mexico, Spain, Guatemala, the Dominican Republic and Honduras lagged somewhat behind, together accounting for a further X%.

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 X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Peru ($X) and Nicaragua ($X) appeared to be the largest fruit and berry suppliers to Costa Rica, with a combined X% share of total imports. The United States, Mexico, Italy, Spain, Guatemala, France, the Dominican Republic, Panama and Honduras lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Panama, with a CAGR of X%, saw the highest growth rate of 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

The average fruit and berry import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform