Price for Garden or Similar Umbrellas in Costa Rica - 2022

Contents:

  1. Price for Garden or Similar Umbrellas in Costa Rica (CIF) - 2022
  2. Price for Garden or Similar Umbrellas in Costa Rica (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Costa Rica
  4. Exports of Garden or Similar Umbrellas in Costa Rica

Price for Garden or Similar Umbrellas in Costa Rica (CIF) - 2022

The average garden or similar umbrellas import price stood at $38 per unit in 2022, rising by 43% against the previous year. Overall, the import price posted a prominent increase. As a result, import price reached 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 the United States ($235 per unit), while the price for Mexico ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Garden or Similar Umbrellas in Costa Rica (FOB) - 2022

In 2022, the average garden or similar umbrellas export price amounted to $116 per unit, jumping by 26% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 74%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($145 per unit), while the average price for exports to Nicaragua ($88 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Costa Rica

Garden or similar umbrellas imports into Costa Rica rose remarkably to 27K units in 2022, increasing by 12% compared with the previous year. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 291% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, garden or similar umbrellas imports skyrocketed to $1,000K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 244%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Garden or Similar Umbrellas in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26613651971338.9%
United States67.934.481.617336.6%
Italy1.51.40.930.2172.0%
Guatemala12.80.20.416.58.8%
Spain2.60.81.914.476.9%
MexicoN/A0.31.410.6494.4%
Taiwan (Chinese)30.72.30.210.5-30.1%
Others26.36.317.631.36.0%
Total4081816231,00034.8%

Top Suppliers of Garden or Similar Umbrellas to Costa Rica in 2022:

  1. China (21.8K units)
  2. Mexico (1.0K units)
  3. Italy (0.9K units)
  4. United States (0.7K units)
  5. Guatemala (0.5K units)
  6. Spain (0.4K units)
  7. Taiwan (Chinese) (0.3K units)

Exports of Garden or Similar Umbrellas in Costa Rica

For the third year in a row, Costa Rica recorded decline in overseas shipments of garden or similar umbrellases, which decreased by -24.8% to 400 units in 2022. In general, exports showed a abrupt setback. The smallest decline of -8.3% was in 2021. The exports peaked at 750 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, garden or similar umbrellas exports fell to $46K in 2022. Overall, exports continue to indicate a deep setback. The smallest decline of -5.1% was in 2021. The exports peaked at $61K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Garden or Similar Umbrellas in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama0.97.89.215.4157.7%
Guatemala0.23.06.613.7309.2%
Honduras1.81.63.98.668.4%
El Salvador10.28.02.65.1-20.6%
NicaraguaN/A1.72.63.441.4%
United States38.513.59.60.1-86.3%
Switzerland4.915.314.0N/A69.0%
Austria3.6N/AN/AN/A0%
Others1.10.90.6N/A-26.1%
Total61.251.849.146.3-8.9%

Top Export Markets for Garden or Similar Umbrellas from Costa Rica in 2022:

  1. Panama (151.0 units)
  2. Guatemala (99.0 units)
  3. Honduras (59.0 units)
  4. El Salvador (50.0 units)
  5. Nicaragua (39.0 units)
  6. United States (1.0 units)
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