Costa Rica: Prepared Drier Market 2024

Prepared Drier Market Size in Costa Rica

The Costa Rican prepared drier market contracted to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a noticeable setback. Prepared drier consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Prepared Drier Exports

Exports from Costa Rica

In 2022, approx. X tons of prepared driers were exported from Costa Rica; with a decrease of X% against the year before. Overall, exports recorded a perceptible reduction. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared drier exports reduced markedly to $X in 2022. 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%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Guatemala (X tons), Panama (X tons) and the United States (X kg) were the main destinations of prepared drier exports from Costa Rica, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), the United States ($X) and Panama ($X) were the largest markets for prepared drier exported from Costa Rica worldwide, together accounting for X% of total exports.

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared drier export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared drier export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Jamaica ($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 Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Drier Imports

Imports into Costa Rica

In 2022, prepared drier imports into Costa Rica fell to X tons, waning by X% compared with 2021. Overall, imports saw a slight curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, prepared drier imports fell to $X in 2022. Over the period under review, imports recorded a perceptible descent. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Colombia (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of prepared drier imports to Costa Rica, together comprising X% of total imports. Thailand, Turkey, the United Arab Emirates and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared drier suppliers to Costa Rica were the United States ($X), Spain ($X) and Colombia ($X), together comprising X% of total imports. Thailand, Turkey, the United Arab Emirates and China lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

The average prepared drier import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform