Costa Rica: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Costa Rica

The Costa Rican homogenised jam and marmalade market fell markedly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption showed a deep setback. Homogenised jam and marmalade consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Costa Rica

In value terms, homogenised jam and marmalade production rose to $X in 2022 estimated in export price. Over the period under review, the total production indicated mild growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Homogenised jam and marmalade production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Costa Rica

For the third year in a row, Costa Rica recorded growth in shipments abroad of homogenised preparations of jams, fruit jellies and marmalades, which increased by X% to X tons in 2022. Overall, total exports indicated a tangible increase 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. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, homogenised jam and marmalade exports expanded significantly to $X in 2022. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its value 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The Dominican Republic (X tons) was the main destination for homogenised jam and marmalade exports from Costa Rica, with a X% share of total exports. Moreover, homogenised jam and marmalade exports to the Dominican Republic exceeded the volume sent to the second major destination, El Salvador (X tons), fivefold. The third position in this ranking was held by Guatemala (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the Dominican Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Guatemala (X% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Dominican Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Guatemala (X% per year).

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat 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 ($X per ton), while the average price for exports to the Dominican Republic ($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.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Costa Rica

In 2022, supplies from abroad of homogenised preparations of jams, fruit jellies and marmalades increased by X% to X tons for the first time since 2014, thus ending a seven-year declining trend. Overall, imports posted a remarkable increase. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade imports surged to $X in 2022. In general, imports continue to indicate a significant expansion. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest homogenised jam and marmalade supplier to Costa Rica, accounting for a X% share of total imports. Moreover, homogenised jam and marmalade imports from Mexico exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold. The third position in this ranking was held by Chile (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Chile (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of homogenised preparations of jams, fruit jellies and marmalades to Costa Rica, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the average homogenised jam and marmalade import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated a strong increase 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. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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