Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica - 2022

Contents:

  1. Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica (FOB) - 2022
  2. Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica (CIF) - 2022
  3. Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica
  4. Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica

Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica (FOB) - 2022

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,156 per ton, increasing by 22% against the previous year. Overall, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 40% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,578 per ton), while the average price for exports to El Salvador ($555 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 the United States (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica (CIF) - 2022

In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $2,228 per ton, rising by 5.4% against the previous year. In general, the import price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the peak figure at $3,579 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,227 per ton), while the price for Mexico ($1,004 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced a decline.

Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica

In 2022, after two years of decline, there was significant growth in overseas shipments of cotton; waste other than garnetted stock and yarn (including thread) waste, when their volume increased by 48% to 2.3K tons. Overall, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste surged to $2.7M in 2022. In general, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea18031830953243.5%
United States20.2114154516194.5%
Belgium4313282685115.8%
Taiwan (Chinese)834297364352-25.0%
Germany291280315194-12.6%
El Salvador13233.529.61688.4%
Guatemala15.616.822.010.3-12.9%
Others27.654.023.7398143.4%
Total1,9321,4421,4862,68211.6%

Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Costa Rica in 2022:

  1. South Korea (658.4 tons)
  2. Belgium (339.5 tons)
  3. United States (327.2 tons)
  4. El Salvador (302.3 tons)
  5. Taiwan (Chinese) (236.6 tons)
  6. Germany (130.5 tons)
  7. Guatemala (17.1 tons)

Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica

After three years of growth, purchases abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -31.7% to 25 tons in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 66%.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste reduced remarkably to $55K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 74% against the previous year.

Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador12.629.349.527.329.4%
China7.41.311.113.923.4%
Honduras4.35.38.75.79.9%
Mexico2.92.74.83.34.4%
Brazil1.11.61.12.327.9%
IndiaN/A8.8N/AN/A0%
Others0.30.41.12.4100.0%
Total28.449.476.354.924.6%

Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Costa Rica in 2022:

  1. El Salvador (13.4 tons)
  2. Honduras (3.5 tons)
  3. Mexico (3.3 tons)
  4. China (2.8 tons)
  5. Brazil (1.5 tons)

Source: IndexBox Market Intelligence Platform

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