Costa Rica: Green Peas Market 2025

Green Peas Market Size in Costa Rica

In 2022, the Costa Rican green peas market increased by 1,139% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, recorded a deep downturn. Green peas consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Green Peas Production in Costa Rica

In value terms, green peas production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.3% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 34%. Green peas production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of peas (green) in Costa Rica amounted to less than X kg per ha, standing approx. 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.

The green peas harvested area in Costa Rica stood at less than X ha in 2022, remaining relatively unchanged against 2021 figures. In general, the harvested area recorded a relatively flat trend pattern.

Green Peas Exports

Exports from Costa Rica

After five years of growth, overseas shipments of peas (green) decreased by -34% to X tons in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 211%. As a result, the exports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, green peas exports plummeted to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 153%. The exports peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for green peas exports from Costa Rica, accounting for a 84% share of total exports. Moreover, green peas exports to the Netherlands exceeded the volume sent to the second major destination, Guatemala (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+70.2% per year) and Germany (+68.6% per year).

In value terms, the Netherlands ($X) remains the key foreign market for peas (green) exports from Costa Rica, comprising 93% of total exports. The second position in the ranking was taken by Germany ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +31.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+65.6% per year) and Guatemala (+92.7% per year).

Export Prices by Country

In 2022, the average green peas export price amounted to $X per ton, picking up by 11% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 an increase of 72%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Guatemala ($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 Guatemala (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.

Green Peas Imports

Imports into Costa Rica

In 2022, supplies from abroad of peas (green) was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 155%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, green peas imports surged to $X in 2022. Over the period under review, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by 106% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X tons), Canada (X tons) and Guatemala (X kg) were the main suppliers of green peas imports to Costa Rica.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +6.9%), while imports for the other leaders experienced a decline.

In value terms, the largest green peas suppliers to Costa Rica were Guatemala ($X), the United States ($X) and Canada ($X).

The United States, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average green peas import price stood at $X per ton in 2022, shrinking by -6.7% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 78%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($X per ton), while the price for Canada ($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 (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform