Costa Rica: Market for Bottles, Jars And Other Containers Of Glass 2024

Market Size for Bottles, Jars And Other Containers Of Glass in Costa Rica

The Costa Rican market for bottles, jars and other containers of glass soared to $X in 2023, rising by X% against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Bottles, Jars And Other Containers Of Glass in Costa Rica

In value terms, glass bottle, jar and container production rose remarkably to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Costa Rica

In 2023, approx. X units of bottles, jars and other containers of glass were exported from Costa Rica; increasing by X% compared with 2022. Overall, total exports indicated a slight expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, glass bottle, jar and container exports contracted slightly to $X in 2023. Over the period under review, total exports indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then reduced in the following year.

Exports by Country

Brazil (X units) was the main destination for glass bottle, jar and container exports from Costa Rica, accounting for a X% share of total exports. Moreover, glass bottle, jar and container exports to Brazil exceeded the volume sent to the second major destination, Jamaica (X units), twofold. The third position in this ranking was held by the Dominican Republic (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and the Dominican Republic (X% per year).

In value terms, Brazil ($X) remains the key foreign market for bottles, jars and other containers of glass exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by Jamaica ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Brazil amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and Guatemala (X% per year).

Export Prices by Country

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2023, reducing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2023, amid the top suppliers, the countries with the highest prices were Panama ($X per unit) and Haiti ($X per unit), while the average price for exports to the Dominican Republic ($X per unit) and Brazil ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Costa Rica

In 2023, the amount of bottles, jars and other containers of glass imported into Costa Rica shrank dramatically to X units, dropping by X% on 2022. Overall, total imports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X units in 2022, and then fell remarkably in the following year.

In value terms, glass bottle, jar and container imports contracted dramatically to $X in 2023. Over the period under review, imports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2023, Guatemala (X units) constituted the largest glass bottle, jar and container supplier to Costa Rica, with a X% share of total imports. Moreover, glass bottle, jar and container imports from Guatemala exceeded the figures recorded by the second-largest supplier, Mexico (X units), more than tenfold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Guatemala stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Italy (X% per year).

In value terms, Guatemala ($X) constituted the largest supplier of bottles, jars and other containers of glass to Costa Rica, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Guatemala totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Italy (X% per year).

Import Prices by Country

The average import price for bottles, jars and other containers of glass stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per unit in 2022, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for Guatemala ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform