Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica - 2022

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica (CIF) - 2022
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica (FOB) - 2022
3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica
4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica (CIF) - 2022

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $4,994 per ton in 2022, rising by 53% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the United States ($5,902 per ton), while the price for Spain ($3,311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica (FOB) - 2022

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,353 per ton, jumping by 49% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 133% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,297 per ton), while the average price for exports to Guatemala ($375 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 France (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica

In 2022, after three years of growth, there was significant decline in purchases abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips, when their volume decreased by -80.6% to 257 tons. Overall, imports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 102% against the previous year.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips dropped dramatically to $1.3M in 2022. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 68% against the previous year.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Costa Rica in 2022:

1. United States (80.9 tons)
2. Mexico (61.6 tons)
3. Guatemala (52.7 tons)
4. Spain (39.6 tons)
5. Brazil (17.6 tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Costa Rica

In 2022, overseas shipments of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -26.7% to 192 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 102%. As a result, the exports attained the peak of 707 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips expanded sharply to $643K in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports attained the peak of $683K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Costa Rica in 2022:

1. United States (143.9 tons)
2. Guatemala (20.0 tons)
3. Brazil (10.2 tons)

Source: IndexBox Market Intelligence Platform