Costa Rica: Graphic Papers Market 2024

Graphic Papers Market Size in Costa Rica

The Costa Rican graphic papers market fell to $X in 2022, standing approx. at the previous year. Overall, consumption showed a noticeable setback. The most prominent rate of growth was recorded in 2017 when the market value increased by 3.8% against the previous year. Graphic papers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Graphic Papers Production in Costa Rica

In value terms, graphic papers production amounted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 7.1% against the previous year. Graphic papers production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Graphic Papers Exports

Exports from Costa Rica

In 2022, approx. X tons of graphic papers were exported from Costa Rica; picking up by 4% compared with 2021 figures. Overall, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 11%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, graphic papers exports expanded remarkably to $X in 2022. Over the period under review, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Nicaragua (X tons), Panama (X tons) and Trinidad and Tobago (X tons) were the main destinations of graphic papers exports from Costa Rica, with a combined 90% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Trinidad and Tobago (with a CAGR of +27.3%), while the other leaders experienced a decline.

In value terms, Nicaragua ($X), Panama ($X) and El Salvador ($X) constituted the largest markets for graphic papers exported from Costa Rica worldwide, with a combined 93% share of total exports. Trinidad and Tobago, the Dominican Republic and the United States lagged somewhat behind, together comprising a further 5.7%.

Trinidad and Tobago, with a CAGR of +18.7%, 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 a decline.

Export Prices by Country

The average graphic papers export price stood at $X per ton in 2022, with an increase of 3% against 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 28%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Dominican Republic ($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 United States (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Graphic Papers Imports

Imports into Costa Rica

In 2022, graphic papers imports into Costa Rica reduced to X tons, with a decrease of -4.5% against the previous year's figure. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 8.4% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, graphic papers imports fell to $X in 2022. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X tons), the United States (X tons) and Portugal (X tons) were the main suppliers of graphic papers imports to Costa Rica, with a combined 49% share of total imports. Indonesia, Canada, China, Italy, Singapore, Mexico, Colombia, Germany, Austria and El Salvador lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of +19.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and Indonesia ($X) appeared to be the largest graphic papers suppliers to Costa Rica, together accounting for 49% of total imports. Portugal, China, Italy, Canada, Mexico, Singapore, Germany, El Salvador, Colombia and Austria lagged somewhat behind, together comprising a further 37%.

El Salvador, with a CAGR of +13.2%, 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

The average graphic papers import price stood at $X per ton in 2022, dropping by -3.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 9.9%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Canada ($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 (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform