Costa Rica: Plastic Sanitary Ware Market 2025

Plastic Sanitary Ware Market Size in Costa Rica

The Costa Rican plastic sanitary ware market dropped slightly to $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a strong 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 2012 indices. Over the period under review, the market hit record highs at $X in 2021, and then reduced in the following year.

Plastic Sanitary Ware Production in Costa Rica

In value terms, plastic sanitary ware production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient 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, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Plastic Sanitary Ware Exports

Exports from Costa Rica

In 2022, overseas shipments of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware increased by X% to X units, rising for the second consecutive year after four years of decline. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic sanitary ware exports surged to $X in 2022. Over the period under review, total exports indicated a modest 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; afterwards, it flattened through to 2022.

Exports by Country

Guatemala (X units), Honduras (X units) and Nicaragua (X units) were the main destinations of plastic sanitary ware exports from Costa Rica, together accounting for X% of total exports. Mexico, Colombia and Panama lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), Honduras ($X) and Nicaragua ($X) were the largest markets for plastic sanitary ware exported from Costa Rica worldwide, together comprising X% of total exports. Mexico, Panama and Colombia lagged somewhat behind, together comprising a further X%.

Colombia, with a CAGR of X%, 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 plastic sanitary ware export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 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 Panama ($X per unit), while the average price for exports to Nicaragua ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced a decline.

Plastic Sanitary Ware Imports

Imports into Costa Rica

In 2022, the amount of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware imported into Costa Rica surged to X units, growing by X% against the previous year's figure. In general, imports continue to indicate a modest expansion. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic sanitary ware imports soared to $X in 2022. Over the period under review, total imports indicated prominent 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 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest plastic sanitary ware supplier to Costa Rica, with a X% share of total imports. Moreover, plastic sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), twofold. The third position in this ranking was held by the United States (X units), with a X% share.

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

In value terms, China ($X), Mexico ($X) and the United States ($X) were the largest plastic sanitary ware suppliers to Costa Rica, together comprising X% of total imports. Taiwan (Chinese), Colombia, Brazil, Peru and Ecuador lagged somewhat behind, together comprising a further X%.

Brazil, with a CAGR of X%, saw 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 plastic sanitary ware import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Peru ($X per unit) 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