Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica - 2022

Contents:

  1. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica (CIF) - 2022
  2. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica (FOB) - 2022
  3. Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica
  4. Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica (CIF) - 2022

The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $8,148 per ton in 2022, with an increase of 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2020 an increase of 39%. The import price peaked in 2022 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 Vietnam ($14,262 per ton), while the price for Japan ($1,004 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica (FOB) - 2022

In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $6,699 per ton, with an increase of 3.8% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 31%. The export price peaked at $8,738 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 ($23,768 per ton), while the average price for exports to Panama ($4,038 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 (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica

In 2022, overseas purchases of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses were finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt contraction.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses surged to $10M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2.23.81.93.112.1%
United States2.21.92.52.1-1.5%
Indonesia1.00.81.11.923.9%
Thailand1.12.20.61.0-3.1%
Vietnam0.10.30.30.571.0%
China0.61.11.20.2-30.7%
Japan0.10.2N/A0.10.0%
Sri Lanka0.40.60.20.1-37.0%
Others1.71.21.11.4-6.3%
Total9.512.08.910.43.1%

Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Costa Rica in 2022:

  1. Malaysia (321.7 tons)
  2. United States (278.2 tons)
  3. Indonesia (226.0 tons)
  4. Thailand (139.0 tons)
  5. Japan (65.7 tons)
  6. China (41.0 tons)
  7. Vietnam (36.0 tons)
  8. Sri Lanka (24.6 tons)

Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica

After two years of decline, overseas shipments of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses increased by 37% to 44 tons in 2022. In general, exports, however, saw a deep setback.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses skyrocketed to $293K in 2022. Over the period under review, exports, however, continue to indicate a deep slump.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua54.571.058.765.56.3%
Panama11048.77.959.0-18.8%
Honduras50.438.622.649.1-0.9%
Guatemala13277.632.030.8-38.4%
Colombia23.224.226.426.03.9%
United States36.26.025.825.4-11.1%
El Salvador11559.518.418.5-45.6%
Others32.653.613.918.3-17.5%
Total553379206293-19.1%

Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Costa Rica in 2022:

  1. Panama (14.6 tons)
  2. Honduras (8.3 tons)
  3. Nicaragua (6.1 tons)
  4. Guatemala (5.1 tons)
  5. Colombia (4.7 tons)
  6. El Salvador (2.3 tons)
  7. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform

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