Price for Clothing; Parts, Knitted or Crocheted in Costa Rica - 2022
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Costa Rica (CIF) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in Costa Rica (FOB) - 2022
- Imports of Clothing; Parts, Knitted or Crocheted in Costa Rica
- Exports of Clothing; Parts, Knitted or Crocheted in Costa Rica
Price for Clothing; Parts, Knitted or Crocheted in Costa Rica (CIF) - 2022
In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $5,734 per ton, waning by -9.1% against the previous year. In general, the import price recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 28%. Over the period under review, average import prices reached the maximum at $8,585 per ton in 2016; however, from 2017 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 Italy ($103,133 per ton), while the price for Honduras ($1,197 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clothing; Parts, Knitted or Crocheted in Costa Rica (FOB) - 2022
In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $9,000 per ton, reducing by -83.7% against the previous year. Overall, the export price showed a pronounced decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 283% against the previous year. The export price peaked at $57,671 per ton in 2020; however, from 2021 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 Panama.
From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +24.6% per year.
Imports of Clothing; Parts, Knitted or Crocheted in Costa Rica
In 2022, approx. 4.9 tons of clothing; parts, knitted or crocheted were imported into Costa Rica; picking up by 49% compared with 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, clothing; parts, knitted or crocheted imports soared to $28K in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Clothing; Parts, Knitted or Crocheted in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 4.5 | 2.7 | 2.0 | 10.8 | 33.9% |
El Salvador | 0.4 | 0.1 | 0.1 | 7.0 | 159.6% |
Honduras | 3.1 | 1.1 | 1.9 | 3.7 | 6.1% |
Colombia | 0.8 | 0.5 | 0.6 | 1.7 | 28.6% |
Nicaragua | 3.9 | 1.9 | 2.0 | N/A | -28.4% |
Nigeria | N/A | 4.7 | N/A | N/A | 0% |
Others | 13.6 | 12.3 | 14.1 | 4.8 | -29.3% |
Total | 26.4 | 23.3 | 20.7 | 28.1 | 2.1% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Costa Rica in 2022:
- Honduras (3076.0 kg)
- El Salvador (1399.0 kg)
- Colombia (154.0 kg)
- Italy (105.0 kg)
Exports of Clothing; Parts, Knitted or Crocheted in Costa Rica
In 2022, shipments abroad of clothing; parts, knitted or crocheted decreased by -99.6% to 1 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 165%. As a result, the exports attained the peak of 225 kg, and then dropped significantly in the following year.
In value terms, clothing; parts, knitted or crocheted exports shrank remarkably to $9 in 2022. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 154%. As a result, the exports attained the peak of $12K, and then shrank markedly in the following year.
Export of Clothing; Parts, Knitted or Crocheted in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 0.2 | 0.2 | 0.5 | N/A | 58.1% |
Panama | N/A | N/A | N/A | N/A | 0% |
United States | 3.9 | 4.5 | 11.5 | N/A | 71.7% |
Others | 0.1 | 0.1 | 0.4 | N/A | 100.0% |
Total | 4.3 | 4.9 | 12.4 | N/A | 69.8% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Costa Rica in 2022:
- Panama (1.0 kg)
This report provides an in-depth analysis of the market for knitted shawl and scarf in Costa Rica.
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