Costa Rica: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Costa Rica

In 2022, after two years of growth, there was decline in the Costa Rican market for boards, sheets, panels, or tiles of gypsum or plaster, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X, and then shrank slightly in the following year.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Costa Rica

After two years of decline, overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters in 2022. Overall, exports showed a remarkable increase. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster surged to $X in 2022. In general, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Costa Rica, with a X% share of total exports. Moreover, exports of boards, sheets, panels, or tiles of gypsum or plaster to Panama exceeded the volume sent to the second major destination, Aruba (X square meters), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (X% per year) and Jamaica (X% per year).

In value terms, Panama ($X) emerged as the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by Aruba ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (X% per year) and Jamaica (X% per year).

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, which is down by X% against the previous year. Over the period under review, the export price, however, showed a slight expansion. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per square meter, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($X per square meter), while the average price for exports to Aruba ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Costa Rica

Imports of boards, sheets, panels, or tiles of gypsum or plaster into Costa Rica shrank to X square meters in 2022, declining by X% on the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster dropped modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

In 2022, Mexico (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster to Costa Rica, with a X% share of total imports. Moreover, imports of boards, sheets, panels, or tiles of gypsum or plaster from Mexico exceeded the figures recorded by the second-largest supplier, Honduras (X square meters), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and the United States (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of boards, sheets, panels, or tiles of gypsum or plaster to Costa Rica, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Honduras (X% per year).

Import Prices by Country

In 2022, the average import price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Honduras ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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