Costa Rica: Sugar Crop Market 2025

Sugar Crop Market Size in Costa Rica

The Costa Rican sugar crop market fell to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Sugar Crop Production in Costa Rica

In value terms, sugar crop production dropped remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average sugar crop yield in Costa Rica totaled X tons per ha, remaining stable against the year before. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average sugar crop yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sugar crop harvested area in Costa Rica reduced slightly to X ha in 2022, which is down by X% compared with the year before. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The sugar crop harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Crop Exports

Exports from Costa Rica

In 2022, after five years of growth, there was significant decline in shipments abroad of sugar crops, when their volume decreased by X% to X tons. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, sugar crop exports fell slightly to $X in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The United States (X tons) was the main destination for sugar crop exports from Costa Rica, with a X% share of total exports. Moreover, sugar crop exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), twofold.

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

In value terms, the United States ($X) emerged as the key foreign market for sugar crops exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average sugar crop export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated resilient growth 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, sugar crop export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Crop Imports

Imports into Costa Rica

In 2022, after five years of growth, there was significant decline in supplies from abroad of sugar crops, when their volume decreased by X% to X tons. In general, total imports indicated pronounced growth from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, sugar crop imports reduced remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest sugar crop supplier to Costa Rica, accounting for a X% share of total imports. Moreover, sugar crop imports from Spain exceeded the figures recorded by the second-largest supplier, Hungary (X tons), ninefold.

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

In value terms, Spain ($X) constituted the largest supplier of sugar crops to Costa Rica, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at X%.

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated a prominent 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, sugar crop import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform