Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,836 per ton, surging by 68% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The import price peaked at $5,406 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 ($8,276 per ton), while the price for China ($2,192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $20,588 per ton, rising by 9.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 188% against the previous year. Over the period under review, the average export prices reached the peak figure at $23,705 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($42,067 per ton), while the average price for exports to Chile ($1,473 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 Chile (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Costa Rica declined slightly to 4.2K tons in 2022, reducing by -3.1% on 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% 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 +45.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports reached the peak of 4.3K tons, and then shrank slightly in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $16M in 2022. Overall, imports, however, recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 2.9 | 2.6 | 8.1 | 36.3% |
| China | 3.6 | 2.7 | 5.2 | 5.4 | 14.5% |
| Mexico | 1.0 | 0.7 | 1.1 | 1.1 | 3.2% |
| Colombia | 0.2 | 0.2 | 0.4 | 0.8 | 58.7% |
| Taiwan (Chinese) | 0.6 | 0.3 | 0.1 | N/A | -59.2% |
| Others | 0.8 | 0.3 | 0.4 | 0.5 | -14.5% |
| Total | 9.5 | 7.1 | 9.8 | 16.0 | 19.0% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Costa Rica in 2022:
- China (2467.2 tons)
- United States (1332.5 tons)
- Colombia (169.8 tons)
- Mexico (138.6 tons)
- Taiwan (Chinese) (7.7 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica
In 2022, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Costa Rica contracted notably to 80 tons, shrinking by -39.9% compared with the previous year. In general, exports showed a precipitous descent.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) shrank remarkably to $1.6M in 2022. Over the period under review, exports faced a dramatic slump. The smallest decline of -10.6% was in 2020.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7,491 | 6,861 | 2,057 | 1,272 | -44.6% |
| Guatemala | 134 | 32.3 | 17.9 | 121 | -3.3% |
| Panama | 158 | 225 | 92.7 | 53.9 | -30.1% |
| Honduras | 83.5 | 72.1 | 119 | 53.3 | -13.9% |
| Nicaragua | 86.3 | 94.0 | 122 | 49.4 | -17.0% |
| El Salvador | 44.6 | 39.9 | 17.8 | 36.1 | -6.8% |
| Chile | 79.7 | 3.6 | 15.6 | 10.6 | -49.0% |
| Others | 122 | 3.6 | 64.4 | 51.0 | -25.2% |
| Total | 8,199 | 7,331 | 2,506 | 1,647 | -41.4% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Costa Rica in 2022:
- United States (30.2 tons)
- Guatemala (13.3 tons)
- Chile (7.2 tons)
- Panama (7.1 tons)
- Nicaragua (6.7 tons)
- Honduras (5.3 tons)
- El Salvador (2.6 tons)
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