Costa Rica: Market for Finishing Agents Used In The Paper Industry 2024

Market Size for Finishing Agents Used In The Paper Industry in Costa Rica

The Costa Rican paper industry finishing agents market declined 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). Over the period under review, consumption continues to indicate a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Exports of Finishing Agents Used In The Paper Industry

Exports from Costa Rica

In 2022, exports of finishing agents used in the paper industry from Costa Rica surged to X tons, jumping by X% against the year before. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, paper industry finishing agents exports soared to $X in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Guatemala (X tons) was the main destination for paper industry finishing agents exports from Costa Rica, accounting for a X% share of total exports. Moreover, paper industry finishing agents exports to Guatemala exceeded the volume sent to the second major destination, Nicaragua (X tons), fourfold. The United States (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Nicaragua ($X), Guatemala ($X) and the United States ($X) were the largest markets for paper industry finishing agents exported from Costa Rica worldwide, with a combined X% share of total exports.

Guatemala, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The average paper industry finishing agents export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($X per ton), while the average price for exports to Guatemala ($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 Nicaragua (X%), while the prices for the other major destinations experienced a decline.

Imports of Finishing Agents Used In The Paper Industry

Imports into Costa Rica

In 2022, imports of finishing agents used in the paper industry into Costa Rica contracted markedly to X tons, falling by X% compared with 2021 figures. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, paper industry finishing agents imports expanded sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest paper industry finishing agents supplier to Costa Rica, with a X% share of total imports. Moreover, paper industry finishing agents imports from the United States exceeded the figures recorded by the second-largest supplier, El Salvador (X tons), threefold. Colombia (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of finishing agents used in the paper industry to Costa Rica, comprising X% of total imports. The second position in the ranking was held by El Salvador ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

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

Import Prices by Country

The average paper industry finishing agents import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price posted a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform