Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica - 2022
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica (CIF) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica (CIF) - 2022
In 2022, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $7.3 per unit, with an increase of 10% against the previous year. Over the period under review, the import price, however, showed a mild contraction. Over the period under review, average import prices hit record highs at $8.3 per unit 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 Colombia ($17 per unit), while the price for Nicaragua ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica (FOB) - 2022
In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $15 per unit, surging by 31% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23 per unit), while the average price for exports to Spain ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica
Imports of articles of apparel and clothing accessories, of leather or of composition leather into Costa Rica declined slightly to 433K units in 2022, which is down by -4.7% compared with 2021. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 454K units, and then reduced modestly in the following year.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather rose modestly to $3.1M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 826 | 667 | 929 | 870 | 1.7% |
| United States | 537 | 596 | 550 | 538 | 0.1% |
| India | 426 | 239 | 432 | 484 | 4.3% |
| Pakistan | 172 | 179 | 269 | 272 | 16.5% |
| Colombia | 150 | 70.9 | 186 | 233 | 15.8% |
| Panama | 42.5 | 13.0 | 53.3 | 83.6 | 25.3% |
| Mexico | 98.1 | 91.6 | 84.2 | 81.9 | -5.8% |
| Nicaragua | 17.3 | 16.6 | 21.1 | 25.9 | 14.4% |
| Taiwan (Chinese) | 25.1 | 40.8 | 56.9 | 10.1 | -26.2% |
| Others | 631 | 381 | 414 | 544 | -4.8% |
| Total | 2,925 | 2,294 | 2,996 | 3,141 | 2.4% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Costa Rica in 2022:
- China (179.8K units)
- United States (86.2K units)
- India (52.2K units)
- Pakistan (27.6K units)
- Nicaragua (14.4K units)
- Colombia (13.5K units)
- Panama (10.2K units)
- Mexico (10.1K units)
- Taiwan (Chinese) (1.4K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica
After two years of decline, overseas shipments of articles of apparel and clothing accessories, of leather or of composition leather increased by 56% to 3.9K units in 2022. Overall, exports, however, showed a abrupt contraction. Over the period under review, the exports of reached the maximum at 7.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather surged to $58K in 2022. Over the period under review, exports, however, showed a deep downturn. Over the period under review, the exports of reached the maximum at $87K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 16.3 | 8.8 | 7.8 | 24.1 | 13.9% |
| Nicaragua | 40.7 | 9.2 | 12.3 | 16.2 | -26.4% |
| Honduras | 1.6 | 5.4 | 0.9 | 10.1 | 84.8% |
| United States | 4.8 | 1.8 | 1.7 | 3.8 | -7.5% |
| Dominican Republic | 1.1 | 4.4 | 2.2 | 1.3 | 5.7% |
| Antigua and Barbuda | N/A | N/A | N/A | 1.1 | 0% |
| Guatemala | 14.7 | 7.2 | 0.7 | 0.4 | -69.9% |
| El Salvador | 3.9 | 4.0 | N/A | N/A | 2.6% |
| Others | 4.0 | 1.7 | 2.7 | 0.5 | -50.0% |
| Total | 87.1 | 42.5 | 28.2 | 57.7 | -12.8% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Costa Rica in 2022:
- Panama (1520.0 units)
- Nicaragua (1209.0 units)
- Honduras (737.0 units)
- United States (167.0 units)
- Dominican Republic (109.0 units)
- Antigua and Barbuda (65.0 units)
- Guatemala (40.0 units)
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