Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica - 2022

Contents:

  1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica (CIF) - 2022
  2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica
  4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica (CIF) - 2022

In 2022, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $1.2 per square meter, picking up by 13% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses increased by +62.0% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 25%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3.6 per square meter), while the price for Nicaragua ($164 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica (FOB) - 2022

In 2022, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $377 per thousand square meters, reducing by -50.3% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 140% against the previous year. The export price peaked at $1.9 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($2.4 per square meter), while the average price for exports to Nicaragua totaled $311 per thousand square meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+3.7%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica

In 2022, approx. 1.6M square meters of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses were imported into Costa Rica; shrinking by -21.4% compared with 2021. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, imports of hit record highs at 2.7M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses shrank to $1.9M in 2022. In general, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of $2.1M, and then fell in the following year.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0707311,242916-5.0%
United States11417438740953.1%
Colombia297382234283-1.6%
Panama78.123.568.274.6-1.5%
India11861.49.266.2-17.5%
Guatemala66.215.467.845.4-11.8%
Mexico32.636.931.421.4-13.1%
Nicaragua4.28.915.216.056.2%
Others19779.694.572.4-28.4%
Total1,9761,5132,1501,905-1.2%

Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Costa Rica in 2022:

  1. China (1133.1K square meters)
  2. United States (115.0K square meters)
  3. Colombia (112.5K square meters)
  4. Nicaragua (97.9K square meters)
  5. Panama (55.9K square meters)
  6. Mexico (26.8K square meters)
  7. Guatemala (25.1K square meters)
  8. India (19.1K square meters)

Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica

For the third consecutive year, Costa Rica recorded decline in overseas shipments of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses, which decreased by -8.1% to 1.5K square meters in 2022. Overall, exports showed a significant curtailment. The smallest decline of -8% was in 2021. Over the period under review, the exports of attained the peak figure at 5.5K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses plummeted to $550 in 2022. In general, exports showed a sharp descent. The smallest decline of -50.4% was in 2020. Over the period under review, the exports of hit record highs at $6.4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua0.20.30.80.426.0%
Honduras0.20.10.30.1-20.6%
Panama5.90.9N/AN/A-84.7%
BahrainN/A1.8N/AN/A0%
OthersN/AN/A0.1N/A0%
Total6.43.21.20.6-54.6%

Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Costa Rica in 2022:

  1. Nicaragua (1411.0 square meters)
  2. Honduras (32.0 square meters)

Source: IndexBox Market Intelligence Platform

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