Costa Rica - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Fibre and Article in Costa Rica - 2022
Contents:
- Price for Glass Fibre and Article in Costa Rica (CIF) - 2022
- Price for Glass Fibre and Article in Costa Rica (FOB) - 2022
- Imports of Glass Fibre and Article in Costa Rica
- Exports of Glass Fibre and Article in Costa Rica
Price for Glass Fibre and Article in Costa Rica (CIF) - 2022
The average glass fibre and article import price stood at $3,120 per ton in 2022, waning by -8% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 23% against the previous year. The import price peaked at $5,426 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 the United States ($5,002 per ton), while the price for China ($2,007 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibre and Article in Costa Rica (FOB) - 2022
In 2022, the average glass fibre and article export price amounted to $3,885 per ton, declining by -28.1% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $18,552 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,456 per ton), while the average price for exports to Cuba ($755 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 Chile (+16.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass Fibre and Article in Costa Rica
In 2022, imports of glass fibres and glass fibre articles into Costa Rica declined rapidly to 3.8K tons, dropping by -22.4% compared with the year before. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports reached the peak of 4.9K tons, and then declined rapidly in the following year.
In value terms, glass fibre and article imports fell markedly to $12M in 2022. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $17M, and then shrank sharply in the following year.
| Import of Glass Fibre and Article in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 4.9 | 6.7 | 5.4 | -11.5% |
| China | 5.3 | 5.0 | 7.2 | 4.5 | -5.3% |
| Mexico | 0.9 | 0.7 | 1.2 | 1.0 | 3.6% |
| Colombia | 0.2 | 0.3 | 0.4 | 0.5 | 35.7% |
| Taiwan (Chinese) | 0.9 | 0.4 | 0.6 | N/A | -18.4% |
| Others | 1.0 | 0.3 | 0.5 | 0.4 | -26.3% |
| Total | 16.1 | 11.5 | 16.6 | 11.8 | -9.8% |
Top Suppliers of Glass Fibre and Article to Costa Rica in 2022:
- China (2262.2 tons)
- United States (1076.8 tons)
- Mexico (243.1 tons)
- Colombia (167.3 tons)
- Taiwan (Chinese) (9.9 tons)
Exports of Glass Fibre and Article in Costa Rica
In 2022, the amount of glass fibres and glass fibre articles exported from Costa Rica surged to 498 tons, increasing by 64% compared with 2021 figures. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre and article exports soared to $1.9M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Glass Fibre and Article in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 125 | 747 | 1,124 | 1,272 | 116.7% |
| Guatemala | 134 | 32.4 | 18.5 | 158 | 5.6% |
| Honduras | 81.2 | 71.5 | 125 | 134 | 18.2% |
| Nicaragua | 95.9 | 115 | 135 | 125 | 9.2% |
| Panama | 164 | 225 | 99.2 | 92.4 | -17.4% |
| El Salvador | 42.9 | 39.5 | 18.4 | 36.1 | -5.6% |
| Cuba | 15.5 | 1.5 | 6.2 | 12.9 | -5.9% |
| Chile | 3.8 | 3.6 | 17.0 | 10.6 | 40.8% |
| Others | 273 | 84.5 | 92.4 | 93.4 | -30.1% |
| Total | 936 | 1,321 | 1,635 | 1,935 | 27.4% |
Top Export Markets for Glass Fibre and Article from Costa Rica in 2022:
- United States (285.4 tons)
- Guatemala (54.3 tons)
- Nicaragua (44.3 tons)
- Honduras (35.6 tons)
- Panama (26.8 tons)
- Cuba (17.1 tons)
- Chile (10.4 tons)
- El Salvador (7.7 tons)
This report provides an in-depth analysis of the market for glass fibre and article in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
- Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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2020 was a serious test for the glass fibre market. The fall in production was extreme in April 2020. Still, demand began to recover in the second half of the year thanks to a recovery in the composite consumer goods sector. Chinese glass fibres and glass fibre articles became more expensive in the strengthening of the yuan and, also, hit by the European Union's anti-dumping duties.
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