Price for Wood; Posts and Beams in Costa Rica - 2022

Contents:

  1. Price for Wood; Posts and Beams in Costa Rica (CIF) - 2022
  2. Price for Wood; Posts and Beams in Costa Rica (FOB) - 2022
  3. Imports of Wood; Posts and Beams in Costa Rica
  4. Exports of Wood; Posts and Beams in Costa Rica

Price for Wood; Posts and Beams in Costa Rica (CIF) - 2022

In 2022, the average wood; posts and beams import price amounted to $1,426 per ton, flattening at the previous year. Over the period under review, the import price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 116%. As a result, import price attained the peak level of $1,931 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Italy ($2,550 per ton), while the price for Nicaragua ($116 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Posts and Beams in Costa Rica (FOB) - 2022

In 2022, the average wood; posts and beams export price amounted to $2,633 per ton, rising by 9.1% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $2,714 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($9,005 per ton), while the average price for exports to the United States ($898 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 Nicaragua (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Posts and Beams in Costa Rica

In 2022, purchases abroad of wood; posts and beamses decreased by -21.2% to 54 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 297%.

In value terms, wood; posts and beams imports declined sharply to $78K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 384%.

Import of Wood; Posts and Beams in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia1.24.025.624.0171.4%
Slovakia5.215.927.123.565.3%
United States1.51.67.77.268.7%
Panama0.83.36.46.095.7%
Chile1.03.36.15.778.6%
Italy0.30.34.64.3142.9%
Canada0.30.71.00.838.7%
Nicaragua0.10.10.20.226.0%
AustriaN/A22.814.5N/A-36.4%
Others1.03.46.25.879.7%
Total11.555.599.577.588.9%

Top Suppliers of Wood; Posts and Beams to Costa Rica in 2022:

  1. Slovakia (18.8 tons)
  2. Slovenia (12.2 tons)
  3. United States (9.5 tons)
  4. Panama (4.9 tons)
  5. Canada (2.6 tons)
  6. Italy (1.7 tons)
  7. Nicaragua (1.5 tons)
  8. Chile (1.2 tons)

Exports of Wood; Posts and Beams in Costa Rica

In 2022, shipments abroad of wood; posts and beamses increased by 86% to 7.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp downturn.

In value terms, wood; posts and beams exports skyrocketed to $21K in 2022. Over the period under review, exports, however, saw a precipitous descent.

Export of Wood; Posts and Beams in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua14.717.66.213.8-2.1%
Panama0.26.01.83.4157.1%
El Salvador1.06.41.63.044.2%
Italy29.4N/AN/AN/A0%
Others0.31.10.60.410.1%
Total45.531.110.220.6-23.2%

Top Export Markets for Wood; Posts and Beams from Costa Rica in 2022:

  1. Nicaragua (6.7 tons)
  2. El Salvador (0.7 tons)
  3. Panama (0.4 tons)

Source: IndexBox Market Intelligence Platform

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