Life-Jackets and Life-Belts Price in Costa Rica - 2022
Contents:
- Life-Jackets and Life-Belts Price in Costa Rica (CIF) - 2022
- Life-Jackets and Life-Belts Price in Costa Rica (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Costa Rica
- Life-Jackets and Life-Belts Exports in Costa Rica
Life-Jackets and Life-Belts Price in Costa Rica (CIF) - 2022
The average life-jackets and life-belts import price stood at $20,218 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 198% against the previous year. Over the period under review, average import prices hit record highs at $42,386 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Mexico ($115,229 per ton), while the price for Panama ($8,342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Costa Rica (FOB) - 2022
The average life-jackets and life-belts export price stood at $87,560 per ton in 2022, picking up by 461% against the previous year. In general, the export price enjoyed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($186,612 per ton), while the average price for exports to Nicaragua ($20,243 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 Panama (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Costa Rica
For the fourth consecutive year, Costa Rica recorded growth in purchases abroad of life-jackets and life-beltses, which increased by 37% to 82 tons in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, life-jackets and life-belts imports surged to $1.7M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 378%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Life-Jackets and Life-Belts in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 131 | 144 | 291 | 753 | 79.1% |
| Mexico | 5.7 | 1,057 | 658 | 642 | 382.9% |
| United States | 112 | 120 | 215 | 220 | 25.2% |
| Panama | 2.2 | 2.4 | 3.9 | 11.9 | 75.5% |
| Others | 30.4 | 21.5 | 29.7 | 41.4 | 10.8% |
| Total | 281 | 1,344 | 1,198 | 1,668 | 81.1% |
Top Suppliers of Life-Jackets and Life-Belts to Costa Rica in 2022:
- China (60.4 tons)
- United States (12.4 tons)
- Mexico (5.6 tons)
- Panama (1.4 tons)
Life-Jackets and Life-Belts Exports in Costa Rica
In 2022, approx. 318 kg of life-jackets and life-beltses were exported from Costa Rica; reducing by -13.4% against 2021 figures. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 174% against the previous year. As a result, the exports reached the peak of 367 kg, and then reduced in the following year.
In value terms, life-jackets and life-belts exports surged to $28K in 2022. Over the period under review, exports, however, showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Life-Jackets and Life-Belts in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 14.5 | 0% |
| Panama | N/A | N/A | N/A | 9.1 | 0% |
| Nicaragua | N/A | N/A | N/A | 2.8 | 0% |
| Honduras | N/A | N/A | N/A | 1.2 | 0% |
| Guatemala | 3.7 | 2.0 | 5.4 | N/A | 20.8% |
| Others | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Total | 3.9 | 2.4 | 5.7 | 27.8 | 92.5% |
Top Export Markets for Life-Jackets and Life-Belts from Costa Rica in 2022:
- Nicaragua (136.0 kg)
- United States (112.0 kg)
- Panama (49.0 kg)
- Honduras (15.0 kg)
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