Price for Blankets and Travelling Rugs in Costa Rica - 2022

Contents:

  1. Price for Blankets and Travelling Rugs in Costa Rica (CIF) - 2022
  2. Price for Blankets and Travelling Rugs in Costa Rica (FOB) - 2022
  3. Imports of Blankets and Travelling Rugs in Costa Rica
  4. Exports of Blankets and Travelling Rugs in Costa Rica

Price for Blankets and Travelling Rugs in Costa Rica (CIF) - 2022

The average blankets and travelling rugs import price stood at $61 per unit in 2022, with a decrease of -7.3% against the previous year. Over the period under review, the import price, however, posted a significant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 360% against the previous year. Over the period under review, average import prices hit record highs at $82 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Mexico ($128 per unit), while the price for Taiwan (Chinese) ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Blankets and Travelling Rugs in Costa Rica (FOB) - 2022

In 2022, the average blankets and travelling rugs export price amounted to $10 per unit, jumping by 77% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2018 an increase of 198%. As a result, the export price attained the peak level of $19 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

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 ($19 per unit), while the average price for exports to El Salvador ($9.3 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 United States (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in Costa Rica

In 2022, approx. 71K units of blankets and travelling rugses were imported into Costa Rica; growing by 9.5% on the previous year. The total import volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, blankets and travelling rugs imports rose to $4.3M in 2022. In general, imports, however, saw a slight reduction. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Imports peaked at $4.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Blankets and Travelling Rugs in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,0721,8332,8212,944-1.4%
Mexico620688655596-1.3%
United States473331344327-11.6%
India49.271.923.511131.2%
Taiwan (Chinese)46.659.486.593.226.0%
Guatemala71.878.713186.46.4%
Panama44.842.090.448.32.5%
Others10997.297.51100.3%
Total4,4873,2024,2494,316-1.3%

Top Suppliers of Blankets and Travelling Rugs to Costa Rica in 2022:

  1. China (34.5K units)
  2. Taiwan (Chinese) (9.2K units)
  3. United States (6.2K units)
  4. Mexico (4.7K units)
  5. India (4.0K units)
  6. Panama (3.5K units)
  7. Guatemala (2.1K units)

Exports of Blankets and Travelling Rugs in Costa Rica

For the fourth year in a row, Costa Rica recorded growth in overseas shipments of blankets and travelling rugses, which increased by 297% to 43K units in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 321%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, blankets and travelling rugs exports surged to $433K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Blankets and Travelling Rugs in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala5.57.723.1182221.0%
PanamaN/A0.40.893.31427.3%
Honduras3.16.213.789.0206.2%
Nicaragua1.22.15.438.2216.9%
El Salvador2.04.510.729.6145.5%
Others0.50.38.01.544.2%
Total12.421.161.6433226.9%

Top Export Markets for Blankets and Travelling Rugs from Costa Rica in 2022:

  1. Guatemala (18.3K units)
  2. Honduras (9.3K units)
  3. Panama (8.9K units)
  4. Nicaragua (3.6K units)
  5. El Salvador (3.2K units)

Source: IndexBox Market Intelligence Platform

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