Costa Rica: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Costa Rica

In 2022, after two years of growth, there was decline in the Costa Rican market for boards, sheets, panels, or tiles of gypsum or plaster, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Costa Rica

In 2022, shipments abroad of boards, sheets, panels, or tiles of gypsum or plaster was finally on the rise to reach X square meters after two years of decline. Over the period under review, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. Overall, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Costa Rica, with a X% share of total exports. Moreover, exports of boards, sheets, panels, or tiles of gypsum or plaster to Panama exceeded the volume sent to the second major destination, Aruba (X square meters), threefold.

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

In value terms, Panama ($X) emerged as the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Aruba ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, shrinking by X% against the previous year. In general, the export price, however, showed a modest increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per square meter, and then contracted dramatically 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 Jamaica ($X per square meter), while the average price for exports to Aruba ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Costa Rica

In 2022, approx. X square meters of boards, sheets, panels, or tiles of gypsum or plaster were imported into Costa Rica; waning by X% on 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster reduced slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined slightly in the following year.

Imports by Country

In 2022, Mexico (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster to Costa Rica, with a X% share of total imports. Moreover, imports of boards, sheets, panels, or tiles of gypsum or plaster from Mexico exceeded the figures recorded by the second-largest supplier, Honduras (X square meters), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and the United States (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of boards, sheets, panels, or tiles of gypsum or plaster to Costa Rica, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Honduras (X% per year).

Import Prices by Country

The average import price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($X per square meter), while the price for Honduras ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform