Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Costa Rica - 2022

Contents:

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

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Costa Rica (CIF) - 2022

The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $4,711 per ton in 2022, jumping by 36% against the previous year. Overall, the import price recorded a pronounced expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 91% against the previous year. As a result, import price attained the peak level of $8,708 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 ($85,231 per ton), while the price for Panama ($1,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Costa Rica (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $9,490 per ton, jumping by 15% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +23.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 59%. As a result, the export price reached the peak level of $11,042 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($14,766 per ton), while the average price for exports to the Dominican Republic ($500 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 Russia (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Costa Rica

Imports of wadding; other articles thereof, other than of cotton or man-made fibreses into Costa Rica soared to 24 tons in 2022, jumping by 79% on 2021 figures. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 621% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $113K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 333% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Costa Rica in 2022:

1. Guatemala (21.3 tons)
2. China (1.1 tons)
3. Panama (1.1 tons)
4. United States (0.2 tons)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Costa Rica

For the fourth year in a row, Costa Rica recorded growth in overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses, which increased by 19% to 414 kg in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 244%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $3.9K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 269%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Costa Rica in 2022:

1. Nicaragua (157.0 kg)
2. Netherlands (128.0 kg)
3. Germany (47.0 kg)
4. Russia (32.0 kg)
5. Canada (30.0 kg)
6. Dominican Republic (10.0 kg)
7. Panama (5.0 kg)

Source: IndexBox Market Intelligence Platform