Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica - 2022

Contents:

1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica (CIF) - 2022
2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica (FOB) - 2022
3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica
4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica (CIF) - 2022

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $2,984 per ton in 2022, waning by -7.7% against the previous year. Over the period under review, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $5,472 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($9,916 per ton), while the price for Nicaragua ($618 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica (FOB) - 2022

In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $6,408 per ton, approximately reflecting the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 142% against the previous year. The export price peaked at $8,609 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 El Salvador ($18,530 per ton), while the average price for exports to Hungary ($1,502 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 Nicaragua (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica

Imports of fabrics, knitted or crocheted, of a width of > 30 cms into Costa Rica reached 2.7K tons in 2022, picking up by 4% compared with the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 10%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms declined slightly to $8M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of $8.3M, and then declined in the following year.

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Costa Rica in 2022:

1. China (1591.5 tons)
2. Guatemala (484.3 tons)
3. El Salvador (289.0 tons)
4. Colombia (84.1 tons)
5. Portugal (53.8 tons)
6. Turkey (53.7 tons)
7. Nicaragua (49.5 tons)
8. United States (42.0 tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Costa Rica

In 2022, shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -15.3% to 18 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +46.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports reached the peak of 21 tons, and then shrank dramatically in the following year.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms declined notably to $116K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, the exports attained the peak of $139K, and then contracted remarkably in the following year.

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Costa Rica in 2022:

1. Nicaragua (17.1 tons)
2. Hungary (0.8 tons)
3. Guatemala (0.1 tons)

Source: IndexBox Market Intelligence Platform