Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica - 2022

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica (CIF) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica (FOB) - 2022
  3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica
  4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica (CIF) - 2022

The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $7,071 per ton in 2022, picking up by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 ($13,410 per ton), while the price for Nicaragua ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica (FOB) - 2022

In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $7,169 per ton, falling by -48.1% against the previous year. Over the period under review, the export price showed a pronounced slump. The growth pace was the most rapid in 2016 when the average export price increased by 26%. Over the period under review, the average export prices reached the peak figure at $13,820 per ton in 2021, and then dropped remarkably in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Nicaragua ($7,316 per ton) and El Salvador ($7,283 per ton), while the average price for exports to Honduras ($6,707 per ton) and Panama ($7,126 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica

In 2022, the amount of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses imported into Costa Rica was estimated at 1.4K tons, flattening at 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded notably to $9.8M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 81% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.06.36.16.126.7%
United States1.72.82.13.020.8%
Others0.60.40.50.75.3%
Total5.39.58.79.822.7%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Costa Rica in 2022:

  1. China (1068.6 tons)
  2. United States (221.5 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in overseas shipments of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses, which increased by 2,992% to 429 tons in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses surged to $3.1M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama31.453.558.5980214.8%
Guatemala37.340.451.4683163.6%
Honduras27.422.330.0479159.5%
El Salvador24.123.630.3478170.7%
Nicaragua17.020.319.7401186.8%
Others3.54.21.753.1147.6%
Total1411641923,073179.3%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Costa Rica in 2022:

  1. Panama (137.5 tons)
  2. Guatemala (95.2 tons)
  3. Honduras (71.4 tons)
  4. El Salvador (65.6 tons)
  5. Nicaragua (54.8 tons)

Source: IndexBox Market Intelligence Platform

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