Granite Building Stone Price in Costa Rica - 2021

Contents:

  1. Granite Building Stone Price in Costa Rica (CIF) - 2022
  2. Granite Building Stone Price in Costa Rica (FOB) - 2022
  3. Granite Building Stone Imports in Costa Rica
  4. Granite Building Stone Exports in Costa Rica

Granite Building Stone Price in Costa Rica (CIF) - 2022

In 2022, the average granite building stone import price amounted to $617 per ton, dropping by -5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 54%. As a result, import price reached the peak level of $650 per ton, and then shrank in the following year.

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 India ($1,471 per ton), while the price for Guatemala ($162 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Granite Building Stone Price in Costa Rica (FOB) - 2022

In 2022, the average granite building stone export price amounted to $7,962 per ton, increasing by 385% against the previous year. In general, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($22,768 per ton), while the average price for exports to Nicaragua ($711 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 Mexico (+117.4%), while the prices for the other major destinations experienced mixed trend patterns.

Granite Building Stone Imports in Costa Rica

In 2022, after two years of decline, there was growth in purchases abroad of granite building stone, when their volume increased by 3.2% to 4.1K tons. Over the period under review, imports, however, saw a abrupt decrease.

In value terms, granite building stone imports fell to $2.5M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of $2.6M, and then shrank in the following year.

Import of Granite Building Stone in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,1008715351,3667.5%
Spain38748393186330.6%
China25990.521.4121-22.4%
Portugal9.52.723.259.083.8%
Others4745521,063115-37.6%
Total2,2301,9992,5742,5244.2%

Top Suppliers of Granite Building Stone to Costa Rica in 2022:

  1. Brazil (2120.9 tons)
  2. Spain (1570.1 tons)
  3. China (229.1 tons)
  4. Portugal (74.9 tons)

Granite Building Stone Exports in Costa Rica

Granite building stone exports from Costa Rica declined remarkably to 236 kg in 2022, with a decrease of -97.1% on the year before. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 2,518%. As a result, the exports reached the peak of 8.2 tons, and then declined remarkably in the following year.

In value terms, granite building stone exports shrank markedly to $1.9K in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,367% against the previous year. As a result, the exports reached the peak of $14K, and then reduced notably in the following year.

Export of Granite Building Stone in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JamaicaN/AN/AN/A1.60%
MexicoN/AN/AN/A0.20%
Nicaragua0.1N/A3.90.10.0%
GuatemalaN/A0.5N/AN/A0%
United KingdomN/AN/A7.6N/A0%
France1.1N/AN/AN/A0%
BrazilN/AN/A2.1N/A0%
Others0.2N/AN/AN/A0%
Total1.40.513.51.910.7%

Top Export Markets for Granite Building Stone from Costa Rica in 2022:

  1. Nicaragua (152.0 kg)
  2. Jamaica (69.0 kg)
  3. Mexico (15.0 kg)

Source: IndexBox Market Intelligence Platform

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