Costa Rica - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Costa Rica - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

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Men Knitwear Price in Costa Rica - 2021

Contents:

  1. Men Knitwear Price in Costa Rica (CIF) - 2021
  2. Men Knitwear Price in Costa Rica (FOB) - 2022
  3. Men Knitwear Imports in Costa Rica
  4. Men Knitwear Exports in Costa Rica

Men Knitwear Price in Costa Rica (CIF) - 2021

In March 2020, the average men knitwear import price amounted to $9.1 per unit, declining by -24.2% against the previous month. In general, import price indicated a notable expansion from January 2020 to March 2020: its price increased at an average monthly rate of +4.4% over the last two-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2020 figures, men knitwear import price increased by +8.9% against January 2020 indices. The pace of growth appeared the most rapid in February 2020 when the average import price increased by 44% against the previous month. As a result, import price attained the peak level of $12.0 per unit, and then fell significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($71.5 per unit), while the price for Panama ($3.8 per unit) was amongst the lowest.

From January 2020 to March 2020, the most notable rate of growth in terms of prices was attained by Mexico (+478.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Men Knitwear Price in Costa Rica (FOB) - 2022

The average men knitwear export price stood at $15 per unit in 2022, with an increase of 13% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of 108% against the previous year. The export price peaked at $22 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($30 per unit), while the average price for exports to Honduras ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+54.8%), while the prices for the other major destinations experienced more modest paces of growth.

Men Knitwear Imports in Costa Rica

In 2022, approx. 476K units of men's or boys' clothing (knitted or crocheted) were imported into Costa Rica; dropping by -49.4% compared with the previous year's figure. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports attained the peak of 940K units, and then reduced markedly in the following year.

In value terms, men knitwear imports dropped markedly to $4.9M in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 68%. As a result, imports reached the peak of $9.5M, and then reduced markedly in the following year.

Import of Men Knitwear in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,7962,8514,0892,083-18.1%
Taiwan (Chinese)35235.57353752.1%
United States556511653333-15.7%
Colombia395278428218-18.0%
Mexico10064.239220026.0%
Bangladesh269200387197-9.9%
Vietnam427189377192-23.4%
Brazil97.515330715717.2%
India1281033051556.6%
Panama419236264154-28.4%
Pakistan218209300153-11.1%
El Salvador151101216110-10.0%
Cambodia20521011288.1-24.5%
Others758524964510-12.4%
Total7,8715,6649,5294,924-14.5%

Top Suppliers of Men Knitwear to Costa Rica in 2022:

  1. China (195.4K units)
  2. Taiwan (Chinese) (34.6K units)
  3. United States (29.3K units)
  4. Mexico (21.8K units)
  5. Bangladesh (20.8K units)
  6. Colombia (20.0K units)
  7. Brazil (18.4K units)
  8. Vietnam (17.7K units)
  9. Panama (17.1K units)
  10. India (17.0K units)
  11. Pakistan (16.3K units)
  12. El Salvador (12.9K units)
  13. Cambodia (9.0K units)

Men Knitwear Exports in Costa Rica

In 2022, shipments abroad of men's or boys' clothing (knitted or crocheted) increased by 15% to 3.3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous descent. Over the period under review, the exports attained the maximum at 8.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, men knitwear exports surged to $49K in 2022. In general, exports, however, faced a sharp setback. The exports peaked at $112K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Men Knitwear in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama46.56.07.514.7-31.9%
United Arab Emirates20.819.49.713.0-14.5%
United States15.19.38.08.2-18.4%
Guatemala10.66.40.24.4-25.4%
Honduras14.70.10.53.7-36.9%
Nicaragua2.00.13.82.811.9%
Mexico0.22.40.50.965.1%
Others1.95.07.61.2-14.2%
Total11248.737.948.9-24.1%

Top Export Markets for Men Knitwear from Costa Rica in 2022:

  1. Panama (1161.0 units)
  2. United Arab Emirates (979.0 units)
  3. United States (463.0 units)
  4. Honduras (317.0 units)
  5. Guatemala (146.0 units)
  6. Nicaragua (101.0 units)
  7. Mexico (72.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the men knitwear 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 14131110 - Men
  • Prodcom 14131120 - Men
  • Prodcom 14131230 - Men
  • Prodcom 14131260 - Men
  • Prodcom 14131270 - Men

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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