Costa Rica: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2025

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Costa Rica

The Costa Rican market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) declined to $X in 2022, falling by -9.8% 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). Overall, consumption, however, showed a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports from Costa Rica

In 2022, the amount of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) exported from Costa Rica surged to X tons, with an increase of 181% against 2021 figures. Overall, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 548% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) skyrocketed to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 664% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

China (X tons), India (X tons) and Guatemala (X tons) were the main destinations of exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Costa Rica, with a combined 95% share of total exports. The UK and Spain lagged somewhat behind, together accounting for a further 3.6%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +114.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) exports from Costa Rica, comprising 46% of total exports. The second position in the ranking was taken by India ($X), with a 16% share of total exports. It was followed by the UK, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to +25.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-12.0% per year) and the UK (+77.1% per year).

Export Prices by Country

The average export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X per ton in 2022, reducing by -43% against the previous year. In general, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 33% against the previous year. The export price peaked at $X per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports into Costa Rica

In 2022, supplies from abroad of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by 24% to X tons, rising for the second year in a row after four years of decline. Overall, imports, however, recorded a deep contraction. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) contracted to $X in 2022. Over the period under review, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplier to Costa Rica, accounting for a 42% share of total imports. Moreover, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Chile exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-3.0% per year) and the United States (-24.5% per year).

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) suppliers to Costa Rica were Chile ($X), the United States ($X) and China ($X), together accounting for 46% of total imports.

In terms of the main suppliers, Chile, with a CAGR of +6.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X per ton in 2022, reducing by -25.1% against the previous year. Overall, the import price recorded a abrupt decline. The growth pace was the most rapid in 2019 when the average import price increased by 35%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform