Costa Rica - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Costa Rica - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights

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Twine and Cordage Price in Costa Rica - 2022

Contents:

  1. Twine and Cordage Price in Costa Rica (CIF) - 2022
  2. Twine and Cordage Price in Costa Rica (FOB) - 2022
  3. Twine and Cordage Imports in Costa Rica
  4. Twine and Cordage Exports in Costa Rica

Twine and Cordage Price in Costa Rica (CIF) - 2022

In 2022, the average twine and cordage import price amounted to $3,713 per ton, increasing by 16% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30% against the previous year. The import price peaked at $3,811 per ton in 2013; however, from 2014 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 ($24,418 per ton), while the price for India ($2,487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Twine and Cordage Price in Costa Rica (FOB) - 2022

The average twine and cordage export price stood at $2,528 per ton in 2022, declining by -4.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $2,648 per ton, and then reduced slightly in the following year.

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 Honduras ($8,955 per ton), while the average price for exports to El Salvador ($2,226 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 Guatemala (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Twine and Cordage Imports in Costa Rica

In 2022, overseas purchases of twine, cordage, rope and cables increased by 8.8% to 2.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep reduction.

In value terms, twine and cordage imports soared to $9.9M in 2022. Overall, imports, however, showed a slight decline.

Import of Twine and Cordage in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1.12.04.95.874.1%
United States2.21.21.01.7-8.2%
China0.80.60.80.94.0%
Colombia0.30.40.50.626.0%
India0.10.10.10.226.0%
Others5.74.10.50.6-52.8%
Total10.38.57.99.9-1.3%

Top Suppliers of Twine and Cordage to Costa Rica in 2022:

  1. Guatemala (2049.1 tons)
  2. China (223.3 tons)
  3. Colombia (125.2 tons)
  4. India (90.8 tons)
  5. United States (68.5 tons)

Twine and Cordage Exports in Costa Rica

In 2022, overseas shipments of twine, cordage, rope and cables decreased by -15.7% to 2.3K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 5.8% against the previous year. As a result, the exports attained the peak of 2.9K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, twine and cordage exports dropped notably to $5.9M in 2022. Over the period under review, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $7.3M, and then contracted dramatically in the following year.

Export of Twine and Cordage in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,9702,5082,2442,151-10.2%
Panama6011,1522,3841,68941.1%
Mexico4372161,13162512.7%
Dominican Republic3482614814105.6%
Canada67.328420233470.6%
Uruguay11839.715616612.0%
Bolivia1391922771574.1%
Others434507453366-5.5%
Total5,1155,1597,3275,8984.9%

Top Export Markets for Twine and Cordage from Costa Rica in 2022:

  1. United States (816.8 tons)
  2. Panama (734.5 tons)
  3. Mexico (233.3 tons)
  4. Dominican Republic (163.0 tons)
  5. Canada (128.7 tons)
  6. Uruguay (60.2 tons)
  7. Bolivia (60.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the twine and cordage market 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 13941133 -
  • Prodcom 13941135 -
  • Prodcom 13941153 - Sisal binder or baler (agricultural) twines
  • Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
  • Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
  • Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
  • Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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