Price for Cotton; Yarn Waste (Including Thread Waste) in Costa Rica - 2022

Contents:

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

Price for Cotton; Yarn Waste (Including Thread Waste) in Costa Rica (CIF) - 2022

The average import price for cotton; yarn waste (including thread waste) stood at $1,311 per ton in 2022, declining by -9.7% against the previous year. Overall, the import price, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65%. As a result, import price attained the peak level of $1,452 per ton, and then declined in the following year.

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 ($2,090 per ton), while the price for the United States ($1,031 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Yarn Waste (Including Thread Waste) in Costa Rica (FOB) - 2022

The average export price for cotton; yarn waste (including thread waste) stood at $543 per ton in 2022, shrinking by -8.9% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. As a result, the export price attained the peak level of $596 per ton, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +10.2% per year.

Imports of Cotton; Yarn Waste (Including Thread Waste) in Costa Rica

In 2022, purchases abroad of cotton; yarn waste (including thread waste) decreased by -6.8% to 13 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cotton; yarn waste (including thread waste) fell dramatically to $17K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports reached the peak of $20K, and then shrank rapidly in the following year.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Costa Rica in 2022:

1. United States (7.2 tons)
2. El Salvador (5.5 tons)
3. Mexico (0.2 tons)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Costa Rica

In 2022, overseas shipments of cotton; yarn waste (including thread waste) decreased by -7.2% to 17 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. As a result, the exports reached the peak of 18 tons, and then fell in the following year.

In value terms, exports of cotton; yarn waste (including thread waste) reduced dramatically to $9.2K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, the exports attained the peak of $11K, and then declined significantly in the following year.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Costa Rica in 2022:

1. Guatemala (16.9 tons)

Source: IndexBox Market Intelligence Platform