Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica - 2022

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica (CIF) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica (FOB) - 2022
3. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica
4. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica (CIF) - 2022

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $6,139 per ton in 2022, declining by -23.9% against the previous year. Over the period under review, the import price, however, saw notable growth. The growth pace was the most rapid in 2016 when the average import price increased by 104% against the previous year. The import price peaked at $8,828 per ton in 2017; however, from 2018 to 2022, import prices stood 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 Italy ($31,958 per ton), while the price for Taiwan (Chinese) ($2,398 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 (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica (FOB) - 2022

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $3,795 per ton in 2022, shrinking by -5.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 80%. As a result, the export price attained the peak level of $5,242 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($4,074 per ton), while the average price for exports to Nicaragua totaled $600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+87.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica

In 2022, imports of yarn of other vegetable textile fibres; paper yarns into Costa Rica shrank remarkably to 3.9 tons, which is down by -23.8% compared with the previous year's figure. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 166%. As a result, imports reached the peak of 5.2 tons, and then dropped significantly in the following year.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns fell sharply to $24K in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 158%. As a result, imports attained the peak of $42K, and then reduced markedly in the following year.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Costa Rica in 2022:

1. Colombia (1973.0 kg)
2. Dominican Republic (1288.0 kg)
3. Philippines (364.0 kg)
4. Taiwan (Chinese) (108.0 kg)
5. United States (83.0 kg)
6. Italy (72.0 kg)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Costa Rica

In 2022, approx. 249 kg of yarn of other vegetable textile fibres; paper yarns were exported from Costa Rica; picking up by 78% against 2021. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 324% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns skyrocketed to $945 in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 224% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Costa Rica in 2022:

1. Panama (229.0 kg)
2. Nicaragua (20.0 kg)

Source: IndexBox Market Intelligence Platform