Price for Woven Fabrics of Artificial Staple Fibres in Costa Rica - 2022

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Costa Rica (CIF) - 2022
  2. Price for Woven Fabrics of Artificial Staple Fibres in Costa Rica (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Costa Rica
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Costa Rica

Price for Woven Fabrics of Artificial Staple Fibres in Costa Rica (CIF) - 2022

The average import price for woven fabrics of artificial staple fibres stood at $5 per square meter in 2022, surging by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. The growth pace was the most rapid in 2015 an increase of 28% against the previous year. As a result, import price attained the peak level of $9.7 per square meter. From 2016 to 2022, the average import prices remained at a 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 Thailand ($10 per square meter), while the price for China ($2.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Woven Fabrics of Artificial Staple Fibres in Costa Rica (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $8.9 per square meter, with a decrease of -2.2% against the previous year. Overall, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 74%. Over the period under review, the average export prices hit record highs at $14 per square meter in 2016; however, from 2017 to 2022, the export prices stood 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 Canada ($161 per square meter), while the average price for exports to the United States ($6.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+31.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Fabrics of Artificial Staple Fibres in Costa Rica

In 2022, after two years of decline, there was significant growth in supplies from abroad of woven fabrics of artificial staple fibres, when their volume increased by 18% to 70K square meters. Over the period under review, imports, however, showed a abrupt shrinkage. Imports peaked at 93K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of artificial staple fibres surged to $349K in 2022. Overall, imports, however, continue to indicate a abrupt decrease. Imports peaked at $575K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Woven Fabrics of Artificial Staple Fibres in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11423.929.91242.8%
China13121012284.6-13.6%
Colombia86.160.240.428.0-31.2%
Spain19.71.74.727.511.8%
El Salvador47.044.318.422.6-21.7%
Thailand48.339.314.111.3-38.4%
Others12960.629.251.3-26.5%
Total575440258349-15.3%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Costa Rica in 2022:

  1. United States (33.3K square meters)
  2. China (31.3K square meters)
  3. Spain (8.0K square meters)
  4. Colombia (4.9K square meters)
  5. El Salvador (2.8K square meters)
  6. Thailand (1.1K square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Costa Rica

Exports of woven fabrics of artificial staple fibres from Costa Rica declined notably to 21 square meters in 2022, with a decrease of -40% on 2021 figures. Overall, exports faced a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 400% against the previous year. The exports peaked at 130 square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of woven fabrics of artificial staple fibres fell dramatically to $186 in 2022. In general, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 476% against the previous year. The exports peaked at $884 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Artificial Staple Fibres in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States46031.0209124-35.4%
Guatemala31317.062.035.0-51.8%
Others1117.046.027.0-37.6%
Total88455.0317186-40.5%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Costa Rica in 2022:

  1. United States (20.0 square meters)
  2. Guatemala (1.0 square meters)

Source: IndexBox Market Intelligence Platform

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