Costa Rica: Market for Calendars And Trade Advertising Material 2024

Market Size for Calendars And Trade Advertising Material in Costa Rica

The Costa Rican market for calendars and trade advertising material contracted modestly to $X in 2022, leveling off at the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Calendars And Trade Advertising Material in Costa Rica

In value terms, calendars and trade advertising material production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, showed a slight decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by 37% against the previous year. Calendars and trade advertising material production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Calendars And Trade Advertising Material

Exports from Costa Rica

Calendars and trade advertising material exports from Costa Rica fell notably to X tons in 2022, dropping by -15.9% against 2021 figures. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, calendars and trade advertising material exports reduced notably to $X in 2022. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X tons) was the main destination for calendars and trade advertising material exports from Costa Rica, accounting for a 28% share of total exports. Moreover, calendars and trade advertising material exports to Panama exceeded the volume sent to the second major destination, Guatemala (X tons), twofold. The third position in this ranking was taken by Nicaragua (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Panama totaled -9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-5.7% per year) and Nicaragua (-8.8% per year).

In value terms, Panama ($X), Guatemala ($X) and Nicaragua ($X) were the largest markets for calendars and trade advertising material exported from Costa Rica worldwide, together comprising 49% of total exports. Honduras, the United States, El Salvador, the Dominican Republic, the UK, Argentina, Italy and the Netherlands lagged somewhat behind, together comprising a further 36%.

The UK, with a CAGR of +28.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for calendars and trade advertising material amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to Italy ($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 the UK (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Calendars And Trade Advertising Material

Imports into Costa Rica

In 2022, supplies from abroad of calendars and trade advertising material increased by 7.2% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 56%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, calendars and trade advertising material imports totaled $X in 2022. Overall, imports, however, saw a perceptible descent. The growth pace was the most rapid in 2018 when imports increased by 35%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), Mexico (X tons) and Guatemala (X tons) were the main suppliers of calendars and trade advertising material imports to Costa Rica, with a combined 74% share of total imports. El Salvador, China, Spain and Panama lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of +5.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and Guatemala ($X) appeared to be the largest calendars and trade advertising material suppliers to Costa Rica, together accounting for 71% of total imports. El Salvador, China, Spain and Panama lagged somewhat behind, together accounting for a further 16%.

Among the main suppliers, El Salvador, with a CAGR of +6.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for calendars and trade advertising material stood at $X per ton in 2022, shrinking by -6.1% against the previous year. In general, the import price recorded a noticeable setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 32%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform