Costa Rica

During 2022 and 2023, Ozempic injections have started to be used by consumers who do not have type 2 diabetes to lose weight. Popularised by international media, higher-income consumers who can afford them have resorted to using these injections to…

The growth of sports and indoor and outdoor activities, as well as children returning to school, has led to increased injuries compared to the previous years of COVID-19 restrictions. This, in turn, has driven the demand for first aid products in…

Current value sales are expected to increase, along with a slight increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers are…

Current value sales are expected to increase, along with an overall healthy increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers…

Current value sales are expected to increase, along with a slight increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers are…

It is expected to be an improving picture in 2023 in dairy in Costa Rica. Current value sales are expected to increase, along with a slight increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the…

While current value sales are expected to increase, volume sales are expected to register a marginal fall, as rising prices, as well as lower local production, has an impact. Increased costs for feed, fertilisers and fuel has forced some dairy…

While current value sales are expected to increase, volume sales are expected to register a decline, as continuing rising prices dampens volume sales somewhat. In particular, the largest product in terms of volume sales, that is condensed milk, drags…

The awareness and benefits of a plant-based diet continues to grow among higher income consumers and more and more shelf space is being allocated to plant-based dairy. Plant-based milk is the most popular and is entering the mainstream. However, as…

Current value sales are expected to increase, along with a healthy increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers are…

Political stability and better government finances are adding to economic freedom in Costa Rica, but corruption is on the rise. Foreign investors continue to flock to the country, but the economy is moderating and prices are falling. Discretionary…

While there is still economic uncertainty, inflationary pressure eases significantly in 2023, even falling into deflation territory for part of the year. This is seen particularly in edible oils, where prices fall after the highs experienced in 2022,…

Both constant and current values are expected to fall, as edible oil prices see a gradual fall in 2023, from the highs of the previous year, that were mainly caused by shortages caused by the war in Ukraine. Not surprisingly, volume sales are…

Meals and soups is expected to register both current value and volume growth in 2023. With society fully opened up post pandemic, and consumers leading busy lives, they appreciate the convenience of meals and coups, with ready meals in particular…

The variety of formats and brands available for pasta sauces has increased over the past few years, with newer options including Kern’s 435g jars, Naturas 430g jars, Great Value and Rao’s 680g jars; Sabemas stand-up pouches; Del Monte and Contadina…

Honey is expected to register the highest current value growth, Consumers perceive honey as a healthy option as it is a natural product which is rich in minerals, vitamins and trace elements and as such honey continues to perform well. That being…

After the strong price rises seen in 2022, consumers have welcomed the lower prices emerging in bread during 2023. The reduction in value added tax (IVA) in February 2023 and the improvement in global wheat supply has enabled retailers to reduce…

Kids' cereals have long been a popular choice among parents, as they offer a convenient and enjoyable breakfast option for their children. In 2023, innovation from established brands is driving consumer interest, such as General Mill’s Trix Bunnies…

Retail volume sales of processed fruit and vegetables enjoyed a strong increase in retail volume sales in 2023, compared to the previous year. While fresh produce offers its own benefits, frozen fruits and vegetables are a preferred choice for many…

Convenience stores continue to grow their portfolio of processed meat, seafood, and alternatives to meat in 2023. Convenience store chains like Fresh Market offer both imported and local products, with imported brands bringing innovative options to…