Glass Fibre Filament Price in Costa Rica - 2022
Contents:
- Glass Fibre Filament Price in Costa Rica (FOB) - 2022
- Glass Fibre Filament Price in Costa Rica (CIF) - 2022
- Glass Fibre Filament Exports in Costa Rica
- Glass Fibre Filament Imports in Costa Rica
Glass Fibre Filament Price in Costa Rica (FOB) - 2022
The average glass fibre filament export price stood at $3,508 per ton in 2022, increasing by 62% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre filament export price increased by +78.9% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($3,919 per ton), while the average price for exports to Panama ($2,731 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 El Salvador (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Filament Price in Costa Rica (CIF) - 2022
In 2022, the average glass fibre filament import price amounted to $3,419 per ton, rising by 152% against the previous year. Over the period under review, the import price showed perceptible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($19,951 per ton), while the price for Mexico ($1,704 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fibre Filament Exports in Costa Rica
In 2022, the amount of glass fibre filaments exported from Costa Rica declined to 10 tons, reducing by -10.7% against the previous year's figure. Overall, exports continue to indicate a sharp decline. The smallest decline of -10.3% was in 2021.
In value terms, glass fibre filament exports surged to $35K in 2022. In general, exports showed a drastic downturn.
| Export of Glass Fibre Filament in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 10.4 | 12.6 | 5.0 | 24.9 | 33.8% |
| United States | 11.1 | 2.4 | 7.2 | 8.7 | -7.8% |
| Panama | N/A | N/A | N/A | 1.4 | 0% |
| Nicaragua | 3.1 | 0.7 | 2.4 | N/A | -12.0% |
| Honduras | 17.4 | 8.7 | 9.5 | N/A | -26.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 42.0 | 24.4 | 24.2 | 35.0 | -5.9% |
Top Export Markets for Glass Fibre Filament from Costa Rica in 2022:
- El Salvador (6.3 tons)
- United States (3.1 tons)
- Panama (0.5 tons)
Glass Fibre Filament Imports in Costa Rica
For the third year in a row, Costa Rica recorded decline in purchases abroad of glass fibre filaments, which decreased by -20.4% to 4.2 tons in 2022. In general, imports faced a sharp descent. The smallest decline of -11.7% was in 2021.
In value terms, glass fibre filament imports soared to $14K in 2022. Overall, imports continue to indicate a precipitous contraction.
| Import of Glass Fibre Filament in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.5 | 2.7 | N/A | 7.3 | -11.4% |
| China | 25.0 | 3.7 | 4.6 | 6.8 | -35.2% |
| Mexico | 13.8 | 0.9 | 0.7 | 0.3 | -72.1% |
| Taiwan (Chinese) | 2.2 | 0.3 | 0.4 | N/A | -57.4% |
| Others | 19.2 | 1.6 | 1.3 | N/A | -74.0% |
| Total | 70.6 | 9.2 | 7.1 | 14.3 | -41.3% |
Top Suppliers of Glass Fibre Filament to Costa Rica in 2022:
- China (3.7 tons)
- United States (0.4 tons)
- Mexico (0.2 tons)
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