Hardboard Price in Costa Rica - 2021

Contents:

1. Hardboard Price in Costa Rica (CIF) - 2021
2. Hardboard Price in Costa Rica (FOB) - 2022
3. Hardboard Imports in Costa Rica
4. Hardboard Exports in Costa Rica

Hardboard Price in Costa Rica (CIF) - 2021

In March 2020, the average hardboard import price amounted to $495 per cubic meter, waning by -23.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2020 an increase of 31% against the previous month. As a result, import price attained the peak level of $650 per cubic meter, and then dropped notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2020, the country with the highest price was Austria ($764 per cubic meter), while the price for Brazil ($383 per cubic meter) was amongst the lowest.

From January 2020 to March 2020, the most notable rate of growth in terms of prices was attained by Brazil (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Hardboard Price in Costa Rica (FOB) - 2022

In 2022, the average hardboard export price amounted to $1 per cubic meter, falling by -99.9% against the previous year. Overall, the export price recorded a precipitous setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 926%. The export price peaked at $1,959 per cubic meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +88.5% per year.

Hardboard Imports in Costa Rica

In 2022, supplies from abroad of hardboard decreased by -30.7% to 2.7K cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 53%. Imports peaked at 3.9K cubic meters in 2021, and then fell dramatically in the following year.

In value terms, hardboard imports expanded notably to $2.7M in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Hardboard to Costa Rica in 2022:

1. Brazil (784.0 cubic meters)
2. Romania (584.0 cubic meters)
3. China (451.0 cubic meters)
4. Spain (351.0 cubic meters)
5. Turkey (171.0 cubic meters)
6. Germany (170.0 cubic meters)
7. Austria (169.0 cubic meters)

Hardboard Exports in Costa Rica

In 2022, the amount of hardboard exported from Costa Rica shrank rapidly to 1 cubic meters, which is down by -97.1% on the previous year's figure. In general, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 1,067% against the previous year. As a result, the exports attained the peak of 35 cubic meters, and then fell sharply in the following year.

In value terms, hardboard exports reduced markedly to $1 in 2022. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 944%. As a result, the exports reached the peak of $35K, and then dropped notably in the following year.

Top Export Markets for Hardboard from Costa Rica in 2022:

1. United States (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform