Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica - 2022

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica (CIF) - 2022
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $2,637 per ton in 2022, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2014 an increase of 22% against the previous year. The import price peaked at $2,812 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($17,989 per ton), while the price for Guatemala ($1,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $5,628 per ton in 2022, picking up by 36% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Nicaragua ($6,593 per ton) and El Salvador ($6,400 per ton), while the average price for exports to Panama ($4,865 per ton) and Honduras ($5,272 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in overseas purchases of felt; whether or not impregnated, coated, covered or laminateds, which increased by 22% to 872 tons in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds surged to $2.3M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Costa Rica in 2022:

1. Guatemala (468.4 tons)
2. Colombia (148.7 tons)
3. United States (94.8 tons)
4. Brazil (91.9 tons)
5. China (49.8 tons)
6. Turkey (14.3 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Costa Rica

In 2022, shipments abroad of felt; whether or not impregnated, coated, covered or laminateds decreased by -60.1% to 25 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. As a result, the exports attained the peak of 71 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds declined markedly to $141K in 2022. Over the period under review, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2020 when exports increased by 62% against the previous year. As a result, the exports reached the peak of $263K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Costa Rica in 2022:

1. Guatemala (15.8 tons)
2. Panama (3.9 tons)
3. Honduras (2.1 tons)
4. Nicaragua (1.6 tons)
5. El Salvador (1.5 tons)

Source: IndexBox Market Intelligence Platform