Price for Embroidery; in the Piece, in Strips or in Motifs in Costa Rica - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Costa Rica (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Costa Rica (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Costa Rica
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Costa Rica

Price for Embroidery; in the Piece, in Strips or in Motifs in Costa Rica (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $26,401 per ton, with an increase of 35% against the previous year. Over the period under review, the import price posted prominent growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 108% against the previous year. As a result, import price attained the peak level of $29,647 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 China ($34,784 per ton), while the price for Panama ($6,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+709.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Embroidery; in the Piece, in Strips or in Motifs in Costa Rica (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $1,000 per ton in 2022, reducing by -93.6% against the previous year. Over the period under review, the export price recorded a sharp setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 91% against the previous year. As a result, the export price reached the peak level of $52,222 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +115.3% per year.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Costa Rica

In 2022, approx. 2.7 tons of embroidery; in the piece, in strips or in motifses were imported into Costa Rica; increasing by 2.2% on the previous year. In general, imports, however, faced a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 70%.

In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $70K in 2022. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 140%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Embroidery; in the Piece, in Strips or in Motifs in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.03.724.245.723.9%
United States16.112.318.820.58.4%
Panama1.14.10.91.510.9%
IsraelN/AN/AN/A0.50%
ThailandN/AN/AN/A0.30%
Others1.51.16.81.62.2%
Total42.821.250.770.117.9%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Costa Rica in 2022:

  1. China (1314.0 kg)
  2. United States (970.0 kg)
  3. Panama (229.0 kg)
  4. Israel (62.0 kg)
  5. Thailand (47.0 kg)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Costa Rica

In 2022, exports of embroidery; in the piece, in strips or in motifses from Costa Rica contracted notably to 4 kg, shrinking by -42.9% on the previous year's figure. Over the period under review, exports saw a significant contraction. The smallest decline of -11.1% was in 2020.

In value terms, exports of embroidery; in the piece, in strips or in motifses contracted markedly to $4 in 2022. In general, exports showed a significant contraction. The smallest decline of -35% was in 2020.

Export of Embroidery; in the Piece, in Strips or in Motifs in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A4.00%
Ecuador7.0N/A2.0N/A-46.5%
Dominican RepublicN/A1.0N/AN/A0%
Spain2.0N/AN/AN/A0%
Netherlands493N/AN/AN/A0%
GuatemalaN/A84.02.0N/A-97.6%
United States21.013554.0N/A60.4%
PanamaN/A11752.0N/A-55.6%
AustraliaN/A3.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5233401104.0-80.3%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Costa Rica in 2022:

  1. Mexico (4.0 kg)

Source: IndexBox Market Intelligence Platform

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