Price for Knitted or Crocheted Pile Fabrics in Costa Rica - 2022

Contents:

  1. Price for Knitted or Crocheted Pile Fabrics in Costa Rica (CIF) - 2022
  2. Price for Knitted or Crocheted Pile Fabrics in Costa Rica (FOB) - 2022
  3. Imports of Knitted or Crocheted Pile Fabrics in Costa Rica
  4. Exports of Knitted or Crocheted Pile Fabrics in Costa Rica

Price for Knitted or Crocheted Pile Fabrics in Costa Rica (CIF) - 2022

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $7,843 per ton, picking up by 58% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knitted or crocheted pile fabrics import price increased by +126.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Spain ($10,591 per ton), while the price for Panama ($2,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+65.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitted or Crocheted Pile Fabrics in Costa Rica (FOB) - 2022

The average export price for knitted or crocheted pile fabricses stood at $105,039 per ton in 2022, picking up by 1,533% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Panama ($1,397,469 per ton), while the average price for exports to Colombia ($52,559 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 (+85.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knitted or Crocheted Pile Fabrics in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in overseas purchases of knitted or crocheted pile fabricses, which increased by 67% to 494 tons in 2022. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 84% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, knitted or crocheted pile fabrics imports surged to $3.9M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Knitted or Crocheted Pile Fabrics in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras7.01382692,688626.8%
China20444132344029.2%
Colombia8.411.2181281222.2%
United States245206171217-4.0%
Spain1.68.7107166369.9%
Guatemala2.014.1340N/A1203.8%
Others25.227.879.581.647.9%
Total4938471,4703,87398.8%

Top Suppliers of Knitted or Crocheted Pile Fabrics to Costa Rica in 2022:

  1. Honduras (257.2 tons)
  2. China (104.6 tons)
  3. Colombia (80.9 tons)
  4. United States (24.0 tons)
  5. Spain (15.6 tons)

Exports of Knitted or Crocheted Pile Fabrics in Costa Rica

Knitted or crocheted pile fabrics exports from Costa Rica reduced notably to 18 kg in 2022, waning by -97.7% compared with 2021 figures. Over the period under review, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 152% against the previous year. As a result, the exports reached the peak of 772 kg, and then shrank notably in the following year.

In value terms, knitted or crocheted pile fabrics exports shrank notably to $1.9K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 175% against the previous year. As a result, the exports attained the peak of $5K, and then reduced rapidly in the following year.

Export of Knitted or Crocheted Pile Fabrics in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala7358282,7299478.8%
Nicaragua9.025.023.0656317.7%
Panama48.022634622366.9%
United States99.05861,12234.0-30.0%
Colombia10.037.048.024.033.9%
OthersN/A106698N/A558.5%
Total9011,8084,9661,88427.9%

Top Export Markets for Knitted or Crocheted Pile Fabrics from Costa Rica in 2022:

  1. Guatemala (10.0 kg)
  2. Nicaragua (7.0 kg)
  3. United States (1.0 kg)
  4. Panama (1.0 kg)
  5. Colombia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; pile fabrics, including "long pile" fabrics and terry fabrics, knitted or crocheted - Costa Rica