Costa Rica - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPimenta Pepper Price in Costa Rica - 2022
Contents:
- Pimenta Pepper Price in Costa Rica (CIF) - 2022
- Pimenta Pepper Price in Costa Rica (FOB) - 2022
- Pimenta Pepper Imports in Costa Rica
- Pimenta Pepper Exports in Costa Rica
Pimenta Pepper Price in Costa Rica (CIF) - 2022
In 2022, the average pimenta pepper import price amounted to $3,228 per ton, jumping by 46% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper import price increased by +59.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($8,677 per ton), while the price for Jamaica ($605 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Pimenta Pepper Price in Costa Rica (FOB) - 2022
The average pimenta pepper export price stood at $1,161 per ton in 2022, picking up by 8.2% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper export price increased by +52.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($4,570 per ton), while the average price for exports to the United States ($729 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 Jamaica (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pimenta Pepper Imports in Costa Rica
In 2022, the amount of pimenta pepper imported into Costa Rica contracted remarkably to 651 tons, dropping by -43.3% against the previous year's figure. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 135% against the previous year. As a result, imports attained the peak of 1.1K tons, and then contracted rapidly in the following year.
In value terms, pimenta pepper imports fell rapidly to $2.1M in 2022. Overall, imports, however, recorded resilient growth. The growth pace was the most rapid in 2021 when imports increased by 107% against the previous year. As a result, imports reached the peak of $2.5M, and then shrank sharply in the following year.
| Import of Pimenta Pepper in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 437 | 132 | 239 | 758 | 20.2% |
| China | 198 | 242 | 575 | 340 | 19.7% |
| Spain | 230 | 269 | 375 | 299 | 9.1% |
| Honduras | 196 | 85.0 | 621 | 227 | 5.0% |
| India | 82.0 | 166 | 251 | 186 | 31.4% |
| Mexico | 13.8 | N/A | N/A | 168 | 130.0% |
| Jamaica | N/A | N/A | N/A | 18.2 | 0% |
| Others | 259 | 330 | 475 | 104 | -26.2% |
| Total | 1,416 | 1,223 | 2,537 | 2,101 | 14.1% |
Top Suppliers of Pimenta Pepper to Costa Rica in 2022:
- Honduras (257.5 tons)
- United States (112.1 tons)
- China (95.8 tons)
- Spain (65.3 tons)
- India (51.1 tons)
- Jamaica (30.1 tons)
- Mexico (19.4 tons)
Pimenta Pepper Exports in Costa Rica
In 2022, pimenta pepper exports from Costa Rica declined dramatically to 407 tons, which is down by -24.5% compared with 2021 figures. In general, exports recorded a precipitous descent. The smallest decline of -6.7% was in 2020.
In value terms, pimenta pepper exports contracted notably to $473K in 2022. Over the period under review, exports saw a deep downturn. The smallest decline of -3.1% was in 2021.
| Export of Pimenta Pepper in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 469 | 463 | 297 | 240 | -20.0% |
| El Salvador | 40.9 | 37.5 | 33.1 | 47.2 | 4.9% |
| Panama | 29.5 | 29.9 | 26.9 | 44.1 | 14.3% |
| Jamaica | N/A | N/A | 88.0 | 33.2 | -62.3% |
| Saudi Arabia | 28.4 | 29.2 | 29.6 | 31.4 | 3.4% |
| Others | 78.6 | 38.5 | 104 | 77.6 | -0.4% |
| Total | 646 | 598 | 579 | 473 | -9.9% |
Top Export Markets for Pimenta Pepper from Costa Rica in 2022:
- United States (328.7 tons)
- Saudi Arabia (40.0 tons)
- El Salvador (10.3 tons)
- Panama (10.2 tons)
- Jamaica (7.3 tons)
This report provides an in-depth analysis of the pimenta pepper 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 689 - Pimento
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
124
This report provides an in-depth analysis of the pimenta pepper market in Costa Rica.
592
This report provides an in-depth analysis of the piper pepper market in Costa Rica.
178
This report provides an in-depth analysis of the spice market in Costa Rica.
908
This report provides an in-depth analysis of the global pimenta pepper market.
6755
This report provides an in-depth analysis of the global piper pepper market.
5049
This report provides an in-depth analysis of the global spice market.
124
This report provides an in-depth analysis of the pimenta pepper market in Costa Rica.
592
This report provides an in-depth analysis of the piper pepper market in Costa Rica.
178
This report provides an in-depth analysis of the spice market in Costa Rica.
908
This report provides an in-depth analysis of the global pimenta pepper market.
1216
The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
1132
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5025
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6429
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1174
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3810
From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
15123
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015. From 2007 to 2015, it expanded with a CAGR of +X%.
1890
In 2015, the value of total imports on the global pepper market stood at X million USD, an increase of X million USD (or X%) than on the previous year. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical
1458
According to market research conducted by IndexBox, global pepper production was estimated at X thousand tons in 2015, an increase of X thousand tons than in 2014. In value terms, production reached record levels, increasing to X million USD
1223
India dominates in the global pepper trade. In 2014, India exported X thousand tons of pepper totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total pepper exports in value
