Costa Rica: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Costa Rica

The Costa Rican paper and paperboard market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Paper And Paperboard Production in Costa Rica

In value terms, paper and paperboard production amounted to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Paper and paperboard production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Paper And Paperboard Exports

Exports from Costa Rica

In 2022, paper and paperboard exports from Costa Rica surged to X tons, jumping by X% on 2021 figures. Overall, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper and paperboard exports soared to $X in 2022. Over the period under review, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Guatemala (X tons) was the main destination for paper and paperboard exports from Costa Rica, with a X% share of total exports. Moreover, paper and paperboard exports to Guatemala exceeded the volume sent to the second major destination, Ecuador (X tons), twofold. The third position in this ranking was held by Nicaragua (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Guatemala amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Nicaragua (X% per year).

In value terms, Guatemala ($X) remains the key foreign market for paper and paperboard exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Ecuador ($X), with a X% share of total exports. It was followed by Nicaragua, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Guatemala amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Nicaragua (X% per year).

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Peru ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Costa Rica

In 2022, paper and paperboard imports into Costa Rica surged to X tons, jumping by X% against 2021 figures. Overall, imports posted notable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper and paperboard imports surged to $X in 2022. Over the period under review, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest paper and paperboard supplier to Costa Rica, with a X% share of total imports. Moreover, paper and paperboard imports from the United States exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. Mexico (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of paper and paperboard to Costa Rica, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

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

Import Prices by Country

In 2022, the average paper and paperboard import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, 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.

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 Mexico ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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