Price for Used Pneumatic Tyres of Rubber in Costa Rica - 2021

Contents:

  1. Price for Used Pneumatic Tyres of Rubber in Costa Rica (FOB) - 2022
  2. Price for Used Pneumatic Tyres of Rubber in Costa Rica (CIF) - 2022
  3. Exports of Used Pneumatic Tyres of Rubber in Costa Rica
  4. Imports of Used Pneumatic Tyres of Rubber in Costa Rica

Price for Used Pneumatic Tyres of Rubber in Costa Rica (FOB) - 2022

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $16 per unit, falling by -4% against the previous year. Over the period under review, the export price recorded a mild downturn. The most prominent rate of growth was recorded in 2019 an increase of 207%. As a result, the export price reached the peak level of $57 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Nicaragua.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to -1.9% per year.

Price for Used Pneumatic Tyres of Rubber in Costa Rica (CIF) - 2022

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $11 per unit, waning by -45.3% against the previous year. Over the period under review, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 44%. Over the period under review, average import prices reached the peak figure at $76 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +7.5% per year.

Exports of Used Pneumatic Tyres of Rubber in Costa Rica

After three years of growth, overseas shipments of used pneumatic tyres of rubbers decreased by -85.4% to 261 units in 2022. Overall, exports, however, saw tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 506% against the previous year. As a result, the exports attained the peak of 1.8K units, and then shrank remarkably in the following year.

In value terms, used pneumatic tyres of rubber exports plummeted to $4.1K in 2022. Over the period under review, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 595% against the previous year. As a result, the exports reached the peak of $30K, and then shrank markedly in the following year.

Export of Used Pneumatic Tyres of Rubber in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua6.20.58.43.7-15.8%
United States5.10.510.0N/A40.0%
MexicoN/A2.510.7N/A328.0%
Canada1.00.8N/AN/A-20.0%
Others1.6N/A0.60.4-37.0%
Total13.94.329.64.1-33.4%

Top Export Markets for Used Pneumatic Tyres of Rubber from Costa Rica in 2022:

  1. Nicaragua (236.0 units)

Imports of Used Pneumatic Tyres of Rubber in Costa Rica

In 2022, used pneumatic tyres of rubber imports into Costa Rica skyrocketed to 11K units, jumping by 212% on the previous year. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports surged to $124K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Used Pneumatic Tyres of Rubber in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States53.684.164.112432.3%
Portugal6.1N/AN/AN/A0%
United KingdomN/A35.68.4N/A-76.4%
Others22.0N/A0.3N/A-88.3%
Total81.712072.812414.9%

Top Suppliers of Used Pneumatic Tyres of Rubber to Costa Rica in 2022:

  1. United States (11.3K units)

Source: IndexBox Market Intelligence Platform

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