Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica - 2022

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica (CIF) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica (FOB) - 2022
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $15 per unit, rising by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2013 an increase of 43% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Colombia ($15 per unit) and Mexico ($15 per unit), while the price for Guatemala ($13 per unit) and the United States ($15 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $12 per unit, dropping by -3.8% against the previous year. Overall, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 60%. As a result, the export price attained the peak level of $14 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($14 per unit), while the average price for exports to the United States ($3 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 (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica

In 2022, approx. 18K units of track suits; of synthetic fibres, knitted or crocheteds were imported into Costa Rica; which is down by -23.7% against the previous year. Overall, imports saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 23K units, and then shrank notably in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds fell remarkably to $269K in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $327K, and then dropped rapidly in the following year.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China81.910719417929.8%
United States11513610240.2-29.6%
Hong Kong SAR2.01.51.08.562.0%
Panama0.50.31.55.1116.9%
Mexico15.52.51.14.9-31.9%
Egypt0.20.40.94.8188.4%
Cambodia3.33.23.44.39.2%
Spain8.91.66.22.0-39.2%
Colombia10.43.52.00.8-57.5%
Others14.111.515.219.210.8%
Total2522683272692.2%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Costa Rica in 2022:

  1. China (11.8K units)
  2. United States (2.6K units)
  3. Hong Kong SAR (0.6K units)
  4. Mexico (0.3K units)
  5. Egypt (0.3K units)
  6. Panama (0.3K units)
  7. Cambodia (0.3K units)
  8. Colombia (0.1K units)
  9. Spain (0.1K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica

In 2022, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -28% to 36 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 614% against the previous year. As a result, the exports attained the peak of 50 units, and then shrank dramatically in the following year.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds dropped dramatically to $432 in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 875% against the previous year. As a result, the exports attained the peak of $624, and then contracted sharply in the following year.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada47.057.0301404104.8%
Panama5.05.018.014.040.9%
BelgiumN/AN/AN/A7.00%
Guatemala3.01.03.04.010.1%
United States1.01.02.03.044.2%
NicaraguaN/AN/A300N/A0%
OthersN/AN/AN/AN/A0%
Total56.064.062443297.6%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Costa Rica in 2022:

  1. Canada (32.0 units)
  2. United States (1.0 units)
  3. Belgium (1.0 units)
  4. Guatemala (1.0 units)
  5. Panama (1.0 units)

Source: IndexBox Market Intelligence Platform

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