Costa Rica: Fiberboard Market 2024

Fiberboard Market Size in Costa Rica

The Costa Rican fiberboard market shrank dramatically to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Fiberboard Exports

Exports from Costa Rica

In 2022, approx. X cubic meters of fiber board of wood or other ligneous materials were exported from Costa Rica; reducing by X% compared with the year before. Overall, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fiberboard exports shrank sharply to $X in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X cubic meters) was the main destination for fiberboard exports from Costa Rica, accounting for a X% share of total exports. Moreover, fiberboard exports to Panama exceeded the volume sent to the second major destination, Guatemala (X cubic meters), fivefold. The third position in this ranking was held by El Salvador (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and El Salvador (X% per year).

In value terms, Panama ($X) remains the key foreign market for fiber board of wood or other ligneous materials exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with an X% share of total exports. It was followed by Nicaragua, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Nicaragua (X% per year).

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, surging by X% against the previous year. Overall, the export price recorded moderate growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 El Salvador ($X per cubic meter), while the average price for exports to Guatemala ($X per cubic meter) was amongst the lowest.

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

Fiberboard Imports

Imports into Costa Rica

After two years of growth, purchases abroad of fiber board of wood or other ligneous materials decreased by X% to X cubic meters in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters, and then reduced rapidly in the following year.

In value terms, fiberboard imports dropped significantly to $X in 2022. In general, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest fiberboard supplier to Costa Rica, with a X% share of total imports. Moreover, fiberboard imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X cubic meters), twofold. Chile (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Chile (X% per year).

In value terms, the largest fiberboard suppliers to Costa Rica were Brazil ($X), China ($X) and Chile ($X), with a combined X% share of total imports.

In terms of the main suppliers, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fiberboard import price amounted to $X per cubic meter, remaining relatively unchanged against the previous year. In general, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Germany ($X per cubic meter), while the price for Venezuela ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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