Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica - 2022

Contents:

  1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica (CIF) - 2022
  2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica (FOB) - 2022
  3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica
  4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica (CIF) - 2022

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $37,348 per ton in 2022, increasing by 38% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Germany ($68,931 per ton), while the price for China ($16,500 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 (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $15,470 per ton in 2022, shrinking by -28.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 50%. As a result, the export price reached the peak level of $29,003 per ton. From 2019 to 2022, the average export prices remained at a somewhat 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 ($37,833 per ton), while the average price for exports to Nicaragua ($3,049 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 (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica

In 2022, after two years of decline, there was significant growth in purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, when their volume increased by 106% to 1.7 tons. Overall, imports, however, faced a sharp descent.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $62K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.13.00.130.128.8%
United States9.732.45.727.741.9%
Italy18.54.40.50.6-68.1%
China1.40.30.40.5-29.1%
Colombia9.62.40.2N/A-85.6%
Panama22.47.21.1N/A-77.8%
Others42.516.714.03.5-56.5%
Total11866.521.962.4-19.1%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Costa Rica in 2022:

  1. United States (1129.0 kg)
  2. Germany (436.0 kg)
  3. Italy (31.0 kg)
  4. China (30.0 kg)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica

In 2022, approx. 132 kg of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were exported from Costa Rica; with an increase of 200% compared with 2021. Over the period under review, exports, however, showed a deep contraction.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $2K in 2022. Overall, exports, however, recorded a significant decrease.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic2,5732515101,135-23.9%
Guatemala2,264202376766-30.3%
Nicaragua1821.064.0125-11.8%
Panama30.05.08.016.0-18.9%
OthersN/A17.0N/AN/A0%
Total5,0494769582,042-26.0%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Costa Rica in 2022:

  1. Guatemala (59.0 kg)
  2. Nicaragua (41.0 kg)
  3. Dominican Republic (30.0 kg)
  4. Panama (2.0 kg)

Source: IndexBox Market Intelligence Platform

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