Price for Inner Tubes, of Rubber in Costa Rica - 2022
Contents:
- Price for Inner Tubes, of Rubber in Costa Rica (CIF) - 2022
- Price for Inner Tubes, of Rubber in Costa Rica (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Costa Rica
- Exports of Inner Tubes, of Rubber in Costa Rica
Price for Inner Tubes, of Rubber in Costa Rica (CIF) - 2022
In 2022, the average inner tubes, of rubber import price amounted to $3.2 per unit, growing by 72% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $3.9 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6.2 per unit), while the price for Indonesia ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Costa Rica (FOB) - 2022
The average inner tubes, of rubber export price stood at $3 per unit in 2022, which is down by -40.8% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 73% against the previous year. As a result, the export price attained the peak level of $13 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
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 Nicaragua ($7.4 per unit), while the average price for exports to Panama ($1.4 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 Nicaragua (+1.6%), while the prices for the other major destinations experienced a decline.
Imports of Inner Tubes, of Rubber in Costa Rica
In 2022, the amount of inner tubes, of rubbers imported into Costa Rica contracted remarkably to 1.1M units, with a decrease of -50.9% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 75%. As a result, imports attained the peak of 2.2M units, and then reduced markedly in the following year.
In value terms, inner tubes, of rubber imports declined notably to $3.5M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $4.2M, and then declined markedly in the following year.
| Import of Inner Tubes, of Rubber in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,969 | 1,538 | 2,320 | 2,064 | 1.6% |
| Indonesia | 0.2 | N/A | 288 | 428 | 1188.7% |
| Vietnam | 134 | 455 | 320 | 353 | 38.1% |
| Thailand | 496 | 429 | 795 | 238 | -21.7% |
| United States | 49.0 | 45.4 | 106 | 139 | 41.6% |
| South Korea | 347 | 203 | 181 | 105 | -32.9% |
| Poland | N/A | 111 | 41.0 | 100 | -5.1% |
| Taiwan (Chinese) | 76.0 | 74.5 | 47.1 | 48.3 | -14.0% |
| Others | 67.2 | 99.3 | 66.6 | 34.6 | -19.9% |
| Total | 3,138 | 2,955 | 4,163 | 3,510 | 3.8% |
Top Suppliers of Inner Tubes, of Rubber to Costa Rica in 2022:
- China (617.9K units)
- Indonesia (255.0K units)
- Vietnam (79.3K units)
- Thailand (46.4K units)
- United States (29.3K units)
- Poland (17.3K units)
- South Korea (17.0K units)
- Taiwan (Chinese) (11.5K units)
Exports of Inner Tubes, of Rubber in Costa Rica
In 2022, overseas shipments of inner tubes, of rubbers were finally on the rise to reach 10K units after two years of decline. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, inner tubes, of rubber exports soared to $30K in 2022. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Inner Tubes, of Rubber in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 5.5 | 23.5 | 7.0 | 19.7 | 53.0% |
| Honduras | N/A | N/A | N/A | 7.6 | 0% |
| Panama | 0.7 | 1.7 | 1.0 | 2.8 | 58.7% |
| Venezuela | 14.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Total | 20.9 | 25.5 | 8.1 | 30.1 | 12.9% |
Top Export Markets for Inner Tubes, of Rubber from Costa Rica in 2022:
- Honduras (5.3K units)
- Nicaragua (2.7K units)
- Panama (2.0K units)
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