Report Update Nov 1, 2024

Costa Rica - Mushrooms and Truffles - Market Analysis, Forecast, Size, Trends and Insights

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Costa Rica: Mushroom And Truffle Market 2024

Mushroom And Truffle Market Size in Costa Rica

In 2022, the Costa Rican mushroom and truffle market decreased by -2.5% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, showed a deep slump. Mushroom and truffle consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Mushroom And Truffle Exports

Exports from Costa Rica

In 2022, overseas shipments of mushrooms and truffles increased by 3.6% to X tons, rising for the third consecutive year after two years of decline. Overall, exports saw a modest increase. The growth pace was the most rapid in 2021 when exports increased by 87% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, mushroom and truffle exports soared to $X in 2022. In general, exports posted moderate growth. The pace of growth was the most pronounced in 2021 with an increase of 216% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Nicaragua (X tons) was the main destination for mushroom and truffle exports from Costa Rica, with a 78% share of total exports. Moreover, mushroom and truffle exports to Nicaragua exceeded the volume sent to the second major destination, Panama (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nicaragua stood at +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-6.8% per year) and Germany (+21.1% per year).

In value terms, Nicaragua ($X) remains the key foreign market for mushrooms and truffles exports from Costa Rica, comprising 98% of total exports. The second position in the ranking was held by Germany ($X), with a 1.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Nicaragua stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.2% per year) and Panama (-29.0% per year).

Export Prices by Country

In 2022, the average mushroom and truffle export price amounted to $X per ton, with an increase of 52% against the previous year. Overall, the export price recorded a moderate increase. The growth pace was the most rapid in 2021 an increase of 69%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($X per ton), while the average price for exports to Panama ($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 Poland (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Mushroom And Truffle Imports

Imports into Costa Rica

In 2022, overseas purchases of mushrooms and truffles were finally on the rise to reach X tons after two years of decline. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by 19%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mushroom and truffle imports contracted slightly to $X in 2022. In general, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Colombia (X tons) constituted the largest mushroom and truffle supplier to Costa Rica, accounting for a 87% share of total imports. Moreover, mushroom and truffle imports from Colombia exceeded the figures recorded by the second-largest supplier, Mexico (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia amounted to -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-3.9% per year) and Ecuador (-7.3% per year).

In value terms, Colombia ($X) constituted the largest supplier of mushrooms and truffles to Costa Rica, comprising 87% of total imports. The second position in the ranking was taken by Mexico ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Colombia totaled -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-6.5% per year) and Ecuador (-27.1% per year).

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2022, falling by -7.7% against the previous year. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 6.8%. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the mushroom and truffle 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 449 - Mushrooms

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