Costa Rica - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Costa Rica - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights

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Carrot and Turnip Price in Costa Rica - 2022

Contents:

  1. Carrot and Turnip Price in Costa Rica (FOB) - 2022
  2. Carrot and Turnip Price in Costa Rica (CIF) - 2022
  3. Carrot and Turnip Exports in Costa Rica
  4. Carrot and Turnip Imports in Costa Rica

Carrot and Turnip Price in Costa Rica (FOB) - 2022

In 2022, the average carrot and turnip export price amounted to $759 per ton, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($902 per ton), while the average price for exports to Nicaragua ($280 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 (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Carrot and Turnip Price in Costa Rica (CIF) - 2022

The average carrot and turnip import price stood at $570 per ton in 2022, declining by -12% against the previous year. In general, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 34%. The import price peaked at $837 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($4,545 per ton), while the price for Mexico stood at $570 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+19.7%), while the prices for the other major suppliers experienced a decline.

Carrot and Turnip Exports in Costa Rica

In 2022, approx. 9.8K tons of carrots and turnips were exported from Costa Rica; with a decrease of -17.9% on the previous year's figure. In general, exports saw a abrupt descent. The smallest decline of -0.1% was in 2021.

In value terms, carrot and turnip exports fell slightly to $7.5M in 2022. Overall, exports saw a perceptible curtailment. The smallest decline of -1.5% was in 2021.

Export of Carrot and Turnip in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago5.04.63.04.0-7.2%
Guyana1.41.11.31.64.6%
United States1.21.02.30.8-12.6%
France0.30.50.40.626.0%
Panama0.30.30.40.30.0%
NicaraguaN/AN/AN/AN/A0%
Dominican Republic0.2N/A0.1N/A-29.3%
Others0.20.40.20.20.0%
Total8.77.87.77.5-4.8%

Top Export Markets for Carrot and Turnip from Costa Rica in 2022:

  1. Trinidad and Tobago (5.6K tons)
  2. Guyana (1.8K tons)
  3. United States (1.0K tons)
  4. France (0.7K tons)
  5. Panama (0.3K tons)
  6. Dominican Republic (0.1K tons)
  7. Nicaragua (0.1K tons)

Carrot and Turnip Imports in Costa Rica

Carrot and turnip imports into Costa Rica surged to 158 tons in 2022, jumping by 167% against 2021 figures. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, carrot and turnip imports soared to $90K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carrot and Turnip in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico32.810.7N/A90.040.0%
Guatemala0.318.6N/A0.1-30.7%
United StatesN/AN/A38.4N/A0%
Others1.58.0N/AN/A433.3%
Total34.737.338.490.037.4%

Top Suppliers of Carrot and Turnip to Costa Rica in 2022:

  1. Guatemala (undefined tons)
  2. Mexico (157.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carrot and turnip 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 426 - Carrot

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Event
Which Country Eats the Most Carrot and Turnip in the World?
Feb 9, 2018
Eye 8301

Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.

Which Country Exports the Most Carrot and Turnip in the World?
Feb 1, 2018
Eye 4389

Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.

Which Country Imports the Most Carrots and Turnips in the World?
Jan 19, 2018
Eye 4976

Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level. 

Which Country Produces the Most Carrots and Turnips in the World?
Oct 17, 2017
Eye 5620

In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.

Carrot Market - the Netherlands’ Carrot and Turnip Exports Suffered 9% Drop in 2014
Sep 6, 2015
Eye 1793

Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo

Which Country Eats the Most Carrot and Turnip in the World?
Feb 9, 2018
Eye 8301

Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.

Which Country Exports the Most Carrot and Turnip in the World?
Feb 1, 2018
Eye 4389

Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.

Which Country Imports the Most Carrots and Turnips in the World?
Jan 19, 2018
Eye 4976

Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level. 

Which Country Produces the Most Carrots and Turnips in the World?
Oct 17, 2017
Eye 5620

In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.

Carrot Market - the Netherlands’ Carrot and Turnip Exports Suffered 9% Drop in 2014
Sep 6, 2015
Eye 1793

Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo

Free Data: Carrots And Turnips - Costa Rica