Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica (CIF) - 2022
In 2022, the average import price for rubber amounted to $28,817 per ton, increasing by 64% against the previous year. In general, the import price recorded a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 116% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 ($191,029 per ton), while the price for Guatemala ($13,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica (FOB) - 2022
In 2022, the average export price for rubber amounted to $10,080 per ton, with an increase of 28% against the previous year. Over the period under review, the export price saw a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 138% against the previous year. As a result, the export price reached the peak level of $17,900 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,174 per ton), while the average price for exports to Peru ($1,369 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 United States (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica
Imports of rubber into Costa Rica fell to 40 tons in 2022, reducing by -9.4% compared with the previous year. Overall, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 367% against the previous year. As a result, imports reached the peak of 45 tons, and then shrank in the following year.
In value terms, imports of rubber soared to $1.2M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 405% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 18.0 | 19.3 | 779 | 1,154 | 300.2% |
| United States | 102 | 35.9 | 5.3 | 6.5 | -60.1% |
| Guatemala | 41.8 | N/A | N/A | 1.4 | -67.8% |
| China | 62.7 | 50.1 | 1.2 | 0.8 | -76.6% |
| Others | 6.4 | 50.3 | 0.4 | 1.4 | -39.7% |
| Total | 231 | 156 | 786 | 1,164 | 71.4% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Costa Rica in 2022:
- Mexico (40.2 tons)
- Guatemala (0.1 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica
For the third year in a row, Costa Rica recorded decline in overseas shipments of rubber, which decreased by -33.2% to 2 tons in 2022. Overall, exports recorded a dramatic contraction.
In value terms, exports of rubber shrank to $20K in 2022. Over the period under review, exports saw a sharp descent.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 12.3 | 0% |
| Malaysia | N/A | 4.0 | 18.8 | 4.4 | 4.9% |
| Panama | 102 | 6.2 | 2.6 | 3.2 | -68.5% |
| Peru | N/A | N/A | N/A | 0.1 | 0% |
| Morocco | N/A | 24.8 | N/A | N/A | 0% |
| Others | 9.1 | 2.0 | 2.1 | 0.1 | -77.8% |
| Total | 111 | 36.9 | 23.5 | 20.0 | -43.5% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Costa Rica in 2022:
- United States (930.0 kg)
- Malaysia (706.0 kg)
- Panama (260.0 kg)
- Peru (84.0 kg)
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