Costa Rica - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMango and Mangosteen Price in Costa Rica - 2022
Contents:
- Mango and Mangosteen Price in Costa Rica (FOB) - 2022
- Mango and Mangosteen Price in Costa Rica (CIF) - 2022
- Mango and Mangosteen Exports in Costa Rica
- Mango and Mangosteen Imports in Costa Rica
Mango and Mangosteen Price in Costa Rica (FOB) - 2022
The average mango and mangosteen export price stood at $765 per ton in 2022, waning by -2% against the previous year. Over the period under review, the export price continues to indicate a mild curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 15%. As a result, the export price attained the peak level of $948 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,458 per ton), while the average price for exports to Honduras ($82 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 Belgium (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Mango and Mangosteen Price in Costa Rica (CIF) - 2022
The average mango and mangosteen import price stood at $1,517 per ton in 2022, picking up by 58% against the previous year. Overall, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 327% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($1,810 per ton), while the price for Nicaragua ($218 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Mango and Mangosteen Exports in Costa Rica
In 2022, approx. 7K tons of mangoes, mangosteens and guavas were exported from Costa Rica; which is down by -31.3% compared with the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of 10K tons, and then fell rapidly in the following year.
In value terms, mango and mangosteen exports shrank rapidly to $5.4M in 2022. Overall, exports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports attained the peak of $8M, and then dropped remarkably in the following year.
Export of Mango and Mangosteen in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,856 | 1,244 | 1,422 | 2,094 | -9.8% |
Netherlands | 558 | 988 | 4,254 | 1,285 | 32.1% |
Belgium | 674 | 37.5 | 454 | 963 | 12.6% |
Panama | 368 | 789 | 941 | 652 | 21.0% |
United Kingdom | 322 | 1,352 | 348 | 212 | -13.0% |
Honduras | 358 | 108 | 194 | 114 | -31.7% |
Germany | 736 | 17.3 | N/A | N/A | -97.6% |
Others | 353 | 162 | 338 | 31.9 | -55.1% |
Total | 6,226 | 4,698 | 7,951 | 5,352 | -4.9% |
Top Export Markets for Mango and Mangosteen from Costa Rica in 2022:
- United States (2343.2 tons)
- Netherlands (1606.3 tons)
- Honduras (1386.5 tons)
- Panama (755.1 tons)
- Belgium (660.0 tons)
- United Kingdom (217.2 tons)
Mango and Mangosteen Imports in Costa Rica
In 2022, the amount of mangoes, mangosteens and guavas imported into Costa Rica reduced rapidly to 270 tons, which is down by -19.2% compared with 2021. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 860% against the previous year. As a result, imports reached the peak of 334 tons, and then dropped dramatically in the following year.
In value terms, mango and mangosteen imports skyrocketed to $410K in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 783% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Mango and Mangosteen in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 0.6 | N/A | 174 | 235 | 631.7% |
Peru | 32.4 | 25.0 | 25.0 | 86.7 | 38.8% |
Ecuador | 21.9 | N/A | 113 | 86.1 | 57.8% |
Nicaragua | 4.5 | 0.8 | 6.5 | 1.7 | -27.7% |
Others | 17.3 | 10.4 | 1.0 | 0.3 | -74.1% |
Total | 76.7 | 36.3 | 320 | 410 | 74.8% |
Top Suppliers of Mango and Mangosteen to Costa Rica in 2022:
- Mexico (129.6 tons)
- Ecuador (67.2 tons)
- Peru (65.1 tons)
- Nicaragua (8.0 tons)
This report provides an in-depth analysis of the mango and mangosteen 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 571 - Mangoes
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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