Costa Rica: Tomato Market 2024

Tomato Market Size in Costa Rica

The Costa Rican tomato market declined modestly to $X in 2022, dropping by -3.3% against the previous year. The market value increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Tomato consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Tomato Production in Costa Rica

In value terms, tomato production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 51%. Tomato production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

In 2022, the average tomato yield in Costa Rica was estimated at X tons per ha, stabilizing at 2021. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by 15% against the previous year. The tomato yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the 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 tomato harvested area in Costa Rica reduced to X ha in 2022, with a decrease of -8.9% against the previous year's figure. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 24%. Over the period under review, the harvested area dedicated to tomato production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Tomato Exports

Exports from Costa Rica

In 2022, overseas shipments of tomatoes decreased by -27.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by 539% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato exports shrank remarkably to $X in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 580% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for tomato exports from Costa Rica, with a 94% share of total exports. Moreover, tomato exports to France exceeded the volume sent to the second major destination, Aruba (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -6.3%.

In value terms, France ($X) emerged as the key foreign market for tomatoes exports from Costa Rica, comprising 96% of total exports. The second position in the ranking was taken by Aruba ($X), with a 4.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at -1.1%.

Export Prices by Country

In 2022, the average tomato export price amounted to $X per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2013 an increase of 32%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Aruba stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Tomato Imports

Imports into Costa Rica

After five years of growth, supplies from abroad of tomatoes decreased by -4.9% to X tons in 2022. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 63%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, tomato imports reduced to $X in 2022. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 109%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Mexico (X tons) was the main supplier of tomato to Costa Rica, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico stood at -6.0%.

In value terms, Mexico ($X) constituted the largest supplier of tomatoes to Costa Rica.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico amounted to -3.4%.

Import Prices by Country

The average tomato import price stood at $X per ton in 2022, with a decrease of -8.2% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tomato import price increased by +62.7% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +5.3% per year.

Source: IndexBox Platform