Costa Rica: Pantyhose Market 2024

Pantyhose Market Size in Costa Rica

The Costa Rican pantyhose market expanded to $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated a measured increase 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 2018 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Pantyhose Production in Costa Rica

In value terms, pantyhose production expanded slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable increase 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Pantyhose production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pantyhose Exports

Exports from Costa Rica

In 2022, shipments abroad of pantyhose and tights was finally on the rise to reach X pairs after three years of decline. Over the period under review, exports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pantyhose exports soared to $X in 2022. In general, exports, however, showed a abrupt setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Honduras (X pairs) was the main destination for pantyhose exports from Costa Rica, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Honduras totaled X%.

In value terms, Honduras ($X) also remains the key foreign market for pantyhose and tights exports from Costa Rica.

From 2012 to 2022, the average annual growth rate of value to Honduras stood at X%.

Export Prices by Country

The average pantyhose export price stood at $X per pair in 2022, jumping by X% against the previous year. In general, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to X% per year.

Pantyhose Imports

Imports into Costa Rica

In 2022, purchases abroad of pantyhose and tights increased by X% to X pairs, rising for the second year in a row after three years of decline. Overall, imports, however, saw a mild decline. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X pairs in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, pantyhose imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced descent. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest pantyhose supplier to Costa Rica, accounting for a X% share of total imports. Moreover, pantyhose imports from China exceeded the figures recorded by the second-largest supplier, Panama (X pairs), threefold. The United States (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (X% per year) and the United States (X% per year).

In value terms, China ($X), Colombia ($X) and Guatemala ($X) were the largest pantyhose suppliers to Costa Rica, with a combined X% share of total imports. Panama, the United States, Mexico and Indonesia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pantyhose import price stood at $X per pair in 2022, rising by X% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per pair in 2016; however, from 2017 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 Guatemala ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform