Price for Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $6,842 per ton, picking up by 42% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained 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 Spain ($14,905 per ton), while the price for Panama ($1,105 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica (FOB) - 2022

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $15,692 per ton, picking up by 42% against the previous year. Overall, the export price posted resilient growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 72% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($28,000 per ton), while the average price for exports to El Salvador ($1,000 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 (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica

In 2022, overseas purchases of cotton; sewing thread, put up for retail sale decreased by -67.4% to 6.8 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 66%. As a result, imports attained the peak of 21 tons, and then fell sharply in the following year.

In value terms, imports of cotton; sewing thread, put up for retail sale contracted notably to $47K in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.31.99.713.2253.0%
United States4.99.49.713.038.4%
Turkey10.928.118.69.9-3.2%
China22.528.150.44.8-40.2%
Mexico1.30.28.81.79.4%
Taiwan (Chinese)0.70.70.70.5-10.6%
Panama0.80.40.1N/A-64.6%
Others5.24.02.63.5-12.4%
Total46.672.910146.80.1%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Costa Rica in 2022:

  1. United States (2170.0 kg)
  2. China (1958.0 kg)
  3. Turkey (1057.0 kg)
  4. Spain (888.0 kg)
  5. Mexico (224.0 kg)
  6. Taiwan (Chinese) (213.0 kg)
  7. Panama (38.0 kg)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica

In 2022, approx. 13 kg of cotton; sewing thread, put up for retail sale were exported from Costa Rica; which is down by -13.3% on 2021. In general, exports faced a precipitous shrinkage.

In value terms, exports of cotton; sewing thread, put up for retail sale skyrocketed to $204 in 2022. Overall, exports recorded a precipitous descent.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama757459160196-36.3%
Nicaragua11.07.02.03.0-35.2%
MexicoN/AN/AN/A1.00%
El Salvador1.01.01.01.00.0%
United States1.01.01.01.00.0%
Guatemala1.01.01.01.00.0%
IrelandN/AN/AN/A1.00%
OthersN/AN/A1.0N/A0%
Total771469166204-35.8%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Costa Rica in 2022:

  1. Panama (7.0 kg)
  2. Mexico (1.0 kg)
  3. El Salvador (1.0 kg)
  4. United States (1.0 kg)
  5. Guatemala (1.0 kg)
  6. Ireland (1.0 kg)
  7. Nicaragua (1.0 kg)

Source: IndexBox Market Intelligence Platform

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