Costa Rica: Articles Of Peat Market 2025

Articles Of Peat Market Size in Costa Rica

The Costa Rican articles of peat market reduced sharply to $X in 2022, declining by -33.5% 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). Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Articles Of Peat Exports

Exports from Costa Rica

In 2022, approx. X kg of articles of peat were exported from Costa Rica; which is down by -3.2% against 2021 figures. In general, exports faced a deep slump. The pace of growth was the most pronounced in 2014 when exports increased by 120%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, articles of peat exports expanded significantly to $X in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 233% 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 remained at a lower figure.

Exports by Country

Guatemala (X kg) was the main destination for articles of peat exports from Costa Rica, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Guatemala totaled +28.8%.

In value terms, Guatemala ($X) also remains the key foreign market for articles of peat exports from Costa Rica.

From 2012 to 2022, the average annual growth rate of value to Guatemala amounted to +33.8%.

Export Prices by Country

The average articles of peat export price stood at $X per ton in 2022, increasing by 15% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 52%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +3.9% per year.

Articles Of Peat Imports

Imports into Costa Rica

In 2022, imports of articles of peat into Costa Rica fell notably to X tons, waning by -30.7% against the previous year's figure. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 152% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, articles of peat imports contracted significantly to $X in 2022. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 214% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tons) and the United States (X tons) were the main suppliers of articles of peat imports to Costa Rica.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +35.3%).

In value terms, Canada ($X) constituted the largest supplier of articles of peat to Costa Rica, comprising 69% of total imports. The second position in the ranking was taken by the United States ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled -20.9%.

Import Prices by Country

The average articles of peat import price stood at $X per ton in 2022, with a decrease of -4.8% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, articles of peat import price increased by +26.0% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 30% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform