Price for Fibres; Synthetic Filament Tow, of Polypropylene in Costa Rica - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polypropylene in Costa Rica (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Costa Rica

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Costa Rica (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polypropylene stood at $8,257 per ton in 2022, increasing by 82% against the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 88%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,380 per ton), while the price for Panama stood at $6,700 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+504.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Costa Rica

In 2022, the amount of fibres; synthetic filament tow, of polypropylene imported into Costa Rica fell significantly to 3.1 tons, waning by -26.1% against 2021 figures. Over the period under review, imports faced a drastic downturn. The smallest decline of -11.8% was in 2020.

In value terms, imports of fibres; synthetic filament tow, of polypropylene soared to $26K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.315.417.824.021.7%
Panama0.81.01.21.523.3%
OthersN/AN/AN/AN/A0%
Total14.116.419.025.521.8%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Costa Rica in 2022:

  1. United States (2.9 tons)
  2. Panama (0.2 tons)

Source: IndexBox Market Intelligence Platform

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