Illuminated Sign Price in Costa Rica - 2022
Contents:
- Illuminated Sign Price in Costa Rica (CIF) - 2022
- Illuminated Sign Price in Costa Rica (FOB) - 2022
- Illuminated Sign Imports in Costa Rica
- Illuminated Sign Exports in Costa Rica
Illuminated Sign Price in Costa Rica (CIF) - 2022
The average illuminated sign import price stood at $9,929 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 25% against the previous year. The import price peaked at $16,255 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($25,236 per ton), while the price for Taiwan (Chinese) ($2,140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Price in Costa Rica (FOB) - 2022
The average illuminated sign export price stood at $24,693 per ton in 2022, increasing by 12% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 15%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 Guatemala ($65,303 per ton), while the average price for exports to El Salvador ($14,059 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 Guatemala (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Imports in Costa Rica
In 2022, illuminated sign imports into Costa Rica stood at 33 tons, rising by 3% on 2021 figures. Overall, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of 44 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, illuminated sign imports amounted to $331K in 2022. Over the period under review, imports, however, continue to indicate a dramatic decline.
| Import of Illuminated Sign in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 202 | 181 | 160 | 124 | -15.0% |
| United States | 140 | 102 | 45.9 | 66.4 | -22.0% |
| Guatemala | 159 | 83.3 | 29.2 | 64.4 | -26.0% |
| Mexico | 52.3 | 4.1 | 27.6 | 21.6 | -25.5% |
| Spain | 46.1 | 0.6 | 11.6 | 15.5 | -30.5% |
| South Korea | 13.2 | 25.5 | 4.7 | 9.0 | -12.0% |
| Panama | 2.5 | 1.5 | 11.6 | 8.5 | 50.4% |
| Others | 32.1 | 61.0 | 28.0 | 21.8 | -12.1% |
| Total | 647 | 459 | 318 | 331 | -20.0% |
Top Suppliers of Illuminated Sign to Costa Rica in 2022:
- China (19.4 tons)
- United States (4.8 tons)
- Guatemala (3.3 tons)
- Mexico (1.9 tons)
- South Korea (1.1 tons)
- Spain (1.0 tons)
- Panama (0.7 tons)
Illuminated Sign Exports in Costa Rica
For the third year in a row, Costa Rica recorded decline in shipments abroad of illuminated signs and illuminated name-plates, which decreased by -78.4% to 11 tons in 2022. In general, exports recorded a significant contraction. The smallest decline of -26.5% was in 2021.
In value terms, illuminated sign exports fell sharply to $276K in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of -22.8% was in 2021.
| Export of Illuminated Sign in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 559 | 214 | 243 | 54.8 | -53.9% |
| Panama | 485 | 168 | 175 | 44.4 | -54.9% |
| Honduras | 48.4 | 356 | 191 | 36.6 | -8.9% |
| United States | 340 | 171 | 65.1 | 30.2 | -55.4% |
| Dominican Republic | 375 | 164 | 38.3 | 30.0 | -56.9% |
| Nicaragua | 110 | 70.5 | 123 | 23.5 | -40.2% |
| El Salvador | 125 | 79.7 | 81.8 | 15.6 | -50.0% |
| Barbados | 16.6 | 8.3 | 49.5 | 9.5 | -17.0% |
| Others | 396 | 241 | 171 | 31.7 | -56.9% |
| Total | 2,455 | 1,473 | 1,137 | 276 | -51.7% |
Top Export Markets for Illuminated Sign from Costa Rica in 2022:
- Panama (2.4 tons)
- Mexico (1.7 tons)
- United States (1.3 tons)
- Honduras (1.2 tons)
- Dominican Republic (1.2 tons)
- El Salvador (1.1 tons)
- Nicaragua (1.1 tons)
- Barbados (0.3 tons)
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