Price for Wadding; Other Articles Thereof, of Cotton in Costa Rica - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Cotton in Costa Rica (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Cotton in Costa Rica (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Cotton in Costa Rica
  4. Exports of Wadding; Other Articles Thereof, of Cotton in Costa Rica

Price for Wadding; Other Articles Thereof, of Cotton in Costa Rica (CIF) - 2022

The average import price for wadding; other articles thereof, of cotta stood at $7,532 per ton in 2022, rising by 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 20%. The import price peaked 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 the United States ($17,099 per ton), while the price for Taiwan (Chinese) ($2,771 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 (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Cotton in Costa Rica (FOB) - 2022

The average export price for wadding; other articles thereof, of cotta stood at $10,272 per ton in 2022, reducing by -29.6% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 188% against the previous year. As a result, the export price reached the peak level of $14,601 per ton, and then shrank markedly in the following year.

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 United States ($42,607 per ton), while the average price for exports to Swaziland ($1,257 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 Finland (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Cotton in Costa Rica

In 2022, imports of wadding; other articles thereof, of cotta into Costa Rica soared to 203 tons, increasing by 179% compared with 2021. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of cotta soared to $1.5M in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, of Cotton in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico12247819466275.7%
China52.219010939896.8%
United States2273611092989.5%
Brazil7.955.035.062.098.7%
Taiwan (Chinese)0.916.21.715.8159.9%
United Arab EmiratesN/AN/AN/A15.00%
Others25.751.631.679.946.0%
Total4361,1514801,53152.0%

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Costa Rica in 2022:

  1. China (91.0 tons)
  2. Mexico (72.3 tons)
  3. United States (17.4 tons)
  4. Taiwan (Chinese) (5.7 tons)
  5. Brazil (4.8 tons)
  6. United Arab Emirates (3.7 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Costa Rica

In 2022, approx. 1.7 tons of wadding; other articles thereof, of cotta were exported from Costa Rica; increasing by 354% against the previous year's figure. In general, exports continue to indicate a significant expansion.

In value terms, exports of wadding; other articles thereof, of cotta soared to $17K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wadding; Other Articles Thereof, of Cotton in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2.32.10.57.950.9%
China0.72.91.33.571.0%
El Salvador0.11.70.52.5192.4%
United StatesN/AN/AN/A1.20%
SingaporeN/AN/AN/A0.70%
Swaziland0.50.90.10.711.9%
Guatemala0.10.70.10.344.2%
Finland1.41.50.20.1-58.5%
Nicaragua0.10.60.10.10.0%
Others0.10.62.70.571.0%
Total5.311.15.417.448.6%

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Costa Rica in 2022:

  1. Swaziland (534.0 kg)
  2. El Salvador (325.0 kg)
  3. China (304.0 kg)
  4. Mexico (276.0 kg)
  5. Guatemala (110.0 kg)
  6. Singapore (69.0 kg)
  7. United States (28.0 kg)
  8. Nicaragua (12.0 kg)
  9. Finland (6.0 kg)

Source: IndexBox Market Intelligence Platform

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