Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Costa Rica - 2022

Contents:

  1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Costa Rica (CIF) - 2022
  2. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Costa Rica

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Costa Rica (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $4,558 per ton, growing by 15% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($5,220 per ton) and South Korea ($4,640 per ton), while the price for Mexico ($3,560 per ton) and Vietnam ($4,459 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced a decline.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Costa Rica

Imports of textile fabrics; tyrecord of high tenacity yarn of polyesters into Costa Rica soared to 2.3K tons in 2022, with an increase of 15% compared with the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $10M in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 112%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.91.34.38.0107.1%
Vietnam0.90.50.21.928.3%
Mexico2.81.82.50.4-47.7%
United States0.50.10.8N/A26.5%
OthersN/AN/A0.10.10.0%
Total5.13.77.910.426.8%

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Costa Rica in 2022:

  1. South Korea (1732.5 tons)
  2. Vietnam (419.6 tons)
  3. Mexico (113.1 tons)
  4. United States (3.4 tons)

Source: IndexBox Market Intelligence Platform

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