Costa Rica: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Costa Rica

In 2022, the Costa Rican market for float glass and surface ground or polished glass increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Costa Rica

For the fourth consecutive year, Costa Rica recorded decline in shipments abroad of float glass and surface ground or polished glass, which decreased by X% to X square meters in 2022. Over the period under review, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X square meters. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of float glass and surface ground or polished glass declined notably to $X in 2022. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Nicaragua (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Costa Rica, accounting for a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to Nicaragua exceeded the volume sent to the second major destination, the United States (X square meters), sevenfold.

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

In value terms, Nicaragua ($X) remains the key foreign market for float glass and surface ground or polished glass exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

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

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, increasing by X% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for float glass and surface ground or polished glass increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per square meter), while the average price for exports to the United States ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Costa Rica

Imports of float glass and surface ground or polished glass into Costa Rica declined modestly to X square meters in 2022, which is down by X% on the year before. In general, imports recorded a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground or polished glass soared to $X in 2022. Over the period under review, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X square meters), Mexico (X square meters) and Malaysia (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Costa Rica, with a combined X% share of total imports.

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

In value terms, the largest float glass and surface ground or polished glass suppliers to Costa Rica were the United States ($X), Mexico ($X) and Malaysia ($X), together accounting for X% of total imports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, surging by X% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground or polished glass increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per square meter) and the United States ($X per square meter), while the price for Brazil ($X per square meter) and Spain ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform