Costa Rica - Plastic Packaging - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Packaging Price in Costa Rica - 2022
Contents:
- Plastic Packaging Price in Costa Rica (CIF) - 2022
- Plastic Packaging Price in Costa Rica (FOB) - 2022
- Plastic Packaging Imports in Costa Rica
- Plastic Packaging Exports in Costa Rica
Plastic Packaging Price in Costa Rica (CIF) - 2022
In 2022, the average plastic packaging import price amounted to $3,534 per ton, growing by 21% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 28%. The import price peaked at $3,663 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,976 per ton), while the price for the UK ($499 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 (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Packaging Price in Costa Rica (FOB) - 2022
In 2022, the average plastic packaging export price amounted to $3,139 per ton, picking up by 7.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 10%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,694 per ton), while the average price for exports to Nicaragua ($2,332 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 the United States (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Packaging Imports in Costa Rica
In 2022, approx. 49K tons of plastic packaging were imported into Costa Rica; which is down by -1.8% on the year before. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 8.4%. As a result, imports reached the peak of 50K tons, and then reduced modestly in the following year.
In value terms, plastic packaging imports soared to $175M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Plastic Packaging in Costa Rica (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 48.4 | 40.9 | 43.7 | 57.9 | 6.2% |
Guatemala | 20.6 | 21.4 | 27.5 | 34.5 | 18.8% |
El Salvador | 22.0 | 19.8 | 24.7 | 33.3 | 14.8% |
China | 11.2 | 12.5 | 14.7 | 17.2 | 15.4% |
Colombia | 6.0 | 5.8 | 6.6 | 9.5 | 16.6% |
Mexico | 6.5 | 6.7 | 9.1 | 7.6 | 5.3% |
United Kingdom | 0.3 | 0.4 | 0.8 | 2.3 | 97.2% |
Others | 34.1 | 24.4 | 19.3 | 12.2 | -29.0% |
Total | 149 | 132 | 146 | 175 | 5.5% |
Top Suppliers of Plastic Packaging to Costa Rica in 2022:
- Guatemala (13.3K tons)
- El Salvador (13.2K tons)
- United States (5.8K tons)
- China (5.6K tons)
- United Kingdom (4.6K tons)
- Mexico (1.8K tons)
- Colombia (1.3K tons)
Plastic Packaging Exports in Costa Rica
In 2022, the amount of plastic packaging exported from Costa Rica contracted to 23K tons, waning by -5.5% against the previous year's figure. Overall, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.4%.
In value terms, plastic packaging exports reached $73M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Plastic Packaging in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 27.2 | 28.6 | 30.5 | 28.5 | 1.6% |
Nicaragua | 14.4 | 12.0 | 14.6 | 14.5 | 0.2% |
United States | 4.7 | 5.7 | 7.4 | 10.9 | 32.4% |
Guatemala | 7.4 | 7.2 | 7.2 | 6.2 | -5.7% |
Dominican Republic | 2.8 | 2.5 | 3.3 | 3.7 | 9.7% |
Honduras | 2.7 | 2.6 | 3.4 | 3.0 | 3.6% |
El Salvador | 1.3 | 1.2 | 1.1 | 1.2 | -2.6% |
Mexico | 4.2 | 1.1 | 1.1 | 1.0 | -38.0% |
Others | 3.9 | 5.0 | 3.9 | 4.3 | 3.3% |
Total | 68.5 | 65.8 | 72.4 | 73.4 | 2.3% |
Top Export Markets for Plastic Packaging from Costa Rica in 2022:
- Panama (9.8K tons)
- Nicaragua (6.2K tons)
- United States (1.9K tons)
- Guatemala (1.9K tons)
- Honduras (1.1K tons)
- Dominican Republic (0.8K tons)
- El Salvador (0.5K tons)
- Mexico (0.2K tons)
This report provides an in-depth analysis of the plastic packaging market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
- Prodcom 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
- Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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