Price for Wood; Shingles and Shakes in Costa Rica - 2022

Contents:

1. Price for Wood; Shingles and Shakes in Costa Rica (CIF) - 2022
2. Price for Wood; Shingles and Shakes in Costa Rica (FOB) - 2022
3. Imports of Wood; Shingles and Shakes in Costa Rica
4. Exports of Wood; Shingles and Shakes in Costa Rica

Price for Wood; Shingles and Shakes in Costa Rica (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $2,948 per ton, picking up by 41% against the previous year. Overall, the import price showed a measured increase. As a result, import price attained 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 Guatemala ($14,293 per ton), while the price for Guyana ($942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.9%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Shingles and Shakes in Costa Rica (FOB) - 2022

In 2022, the average wood; shingles and shakes export price amounted to $2,958 per ton, reducing by -20.8% against the previous year. Overall, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 82% against the previous year. The export price peaked at $3,736 per ton in 2021, and then contracted significantly in the following year.

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 UK ($2,974 per ton), while the average price for exports to Nicaragua totaled $938 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+11.4%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Shingles and Shakes in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in purchases abroad of wood; shingles and shakeses, which increased by 2.9% to 47 tons in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wood; shingles and shakes imports soared to $139K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 107% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Wood; Shingles and Shakes to Costa Rica in 2022:

1. Guyana (25.9 tons)
2. Canada (20.2 tons)
3. Guatemala (0.8 tons)

Exports of Wood; Shingles and Shakes in Costa Rica

In 2022, the amount of wood; shingles and shakeses exported from Costa Rica soared to 2.1 tons, increasing by 537% on 2021 figures. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 5,620% against the previous year. As a result, the exports attained the peak of 2.6 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood; shingles and shakes exports surged to $6.2K in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 6,824% against the previous year. As a result, the exports attained the peak of $6.9K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Wood; Shingles and Shakes from Costa Rica in 2022:

1. United Kingdom (2.1 tons)

Source: IndexBox Market Intelligence Platform