Costa Rica: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Costa Rica

In 2022, the Costa Rican pineapple juice (single strength) market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a perceptible contraction. Pineapple juice (single strength) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pineapple Juice (Single Strength) in Costa Rica

In value terms, pineapple juice (single strength) production rose to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Pineapple juice (single strength) production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Costa Rica

In 2022, overseas shipments of pineapple juice (single strength) decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) exports dropped significantly to $X in 2022. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for pineapple juice (single strength) exports from Costa Rica, accounting for a X% share of total exports. Moreover, pineapple juice (single strength) exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was held by Spain (X tons), with a X% share.

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

In value terms, the Netherlands ($X) remains the key foreign market for pineapple juice (single strength) exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Belgium, with an X% share.

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

Export Prices by Country

The average pineapple juice (single strength) export price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

Imports of Pineapple Juice (Single Strength)

Imports into Costa Rica

In 2022, after three years of growth, there was significant decline in supplies from abroad of pineapple juice (single strength), when their volume decreased by X% to X tons. In general, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, pineapple juice (single strength) imports contracted sharply to $X in 2022. Over the period under review, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), El Salvador (X tons) and Mexico (X tons) were the main suppliers of pineapple juice (single strength) imports to Costa Rica, together accounting for X% of total imports.

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

In value terms, Spain ($X), El Salvador ($X) and Mexico ($X) were the largest pineapple juice (single strength) suppliers to Costa Rica, together accounting for X% of total imports.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pineapple juice (single strength) 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 noticeable 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, pineapple juice (single strength) import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per ton) and Mexico ($X per ton), while the price for El Salvador ($X per ton) and the UK ($X per ton) were amongst the lowest.

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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :