Wool; Carded Price in Costa Rica - 2022

Contents:

1. Wool; Carded Price in Costa Rica (CIF) - 2022
2. Wool; Carded Imports in Costa Rica

Wool; Carded Price in Costa Rica (CIF) - 2022

In 2022, the average wool; carded import price amounted to $18,061 per ton, dropping by -5% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wool; carded import price decreased by -17.7% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 81%. Over the period under review, average import prices attained the peak figure at $21,936 per ton in 2018; however, from 2019 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 the United States ($21,640 per ton), while the price for Panama amounted to $11,670 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+4.8%).

Wool; Carded Imports in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in supplies from abroad of wool; carded, which increased by 5.1% to 312 kg in 2022. The total import volume increased at an average annual rate of +13.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wool; carded imports fell slightly to $5.6K in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. As a result, imports attained the peak of $5.7K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Wool; Carded to Costa Rica in 2022:

1. United States (200.0 kg)
2. Panama (112.0 kg)

Source: IndexBox Market Intelligence Platform