Price for Rubber Thread and Cord; Textile Covered in Costa Rica - 2022

Contents:

1. Price for Rubber Thread and Cord; Textile Covered in Costa Rica (CIF) - 2022
2. Price for Rubber Thread and Cord; Textile Covered in Costa Rica (FOB) - 2022
3. Imports of Rubber Thread and Cord; Textile Covered in Costa Rica
4. Exports of Rubber Thread and Cord; Textile Covered in Costa Rica

Price for Rubber Thread and Cord; Textile Covered in Costa Rica (CIF) - 2022

In 2022, the average import price for rubber thread and cord; textile covereds amounted to $9,135 per ton, growing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 21%. As a result, import price reached the peak level of $9,944 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Sri Lanka ($11,714 per ton), while the price for China ($3,767 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber Thread and Cord; Textile Covered in Costa Rica (FOB) - 2022

In 2022, the average export price for rubber thread and cord; textile covereds amounted to $6,580 per ton, remaining constant against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 192% against the previous year. The export price peaked at $21,314 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($17,714 per ton), while the average price for exports to the United States ($1,000 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 the Dominican Republic (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber Thread and Cord; Textile Covered in Costa Rica

After two years of decline, supplies from abroad of rubber thread and cord; textile covereds increased by 19% to 189 tons in 2022. Overall, imports, however, continue to indicate a pronounced slump.

In value terms, imports of rubber thread and cord; textile covereds soared to $1.7M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Rubber Thread and Cord; Textile Covered to Costa Rica in 2022:

1. Sri Lanka (123.9 tons)
2. China (56.6 tons)
3. Colombia (3.4 tons)

Exports of Rubber Thread and Cord; Textile Covered in Costa Rica

For the third year in a row, Costa Rica recorded decline in shipments abroad of rubber thread and cord; textile covereds, which decreased by -16.7% to 50 kg in 2022. Over the period under review, exports faced a deep reduction. The smallest decline of -14.3% was in 2021.

In value terms, exports of rubber thread and cord; textile covereds contracted remarkably to $329 in 2022. Overall, exports continue to indicate a abrupt shrinkage. The smallest decline of -15.1% was in 2021.

Top Export Markets for Rubber Thread and Cord; Textile Covered from Costa Rica in 2022:

1. Nicaragua (35.0 kg)
2. Dominican Republic (14.0 kg)
3. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform