Costa Rica: Market for Porcelain Or China Tableware And Kitchenware 2025

Market Size for Porcelain Or China Tableware And Kitchenware in Costa Rica

The Costa Rican porcelain tableware and kitchenware market dropped to $X in 2022, which is down by -11.4% 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). In general, consumption saw a abrupt contraction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Porcelain Or China Tableware And Kitchenware

Exports from Costa Rica

After three years of growth, shipments abroad of porcelain or china tableware and kitchenware decreased by -6.1% to X tons in 2022. Over the period under review, exports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 469%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, porcelain tableware and kitchenware exports contracted to $X in 2022. Overall, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 710%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Venezuela (X tons) was the main destination for porcelain tableware and kitchenware exports from Costa Rica, accounting for a 86% share of total exports. Moreover, porcelain tableware and kitchenware exports to Venezuela exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. The third position in this ranking was held by Nicaragua (X kg), with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume to Venezuela amounted to +112.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-16.9% per year) and Nicaragua (+10.4% per year).

In value terms, Venezuela ($X) remains the key foreign market for porcelain or china tableware and kitchenware exports from Costa Rica, comprising 90% of total exports. The second position in the ranking was held by the United States ($X), with a 6.1% share of total exports. It was followed by Nicaragua, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Venezuela stood at +126.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.6% per year) and Nicaragua (+4.5% per year).

Export Prices by Country

In 2022, the average porcelain tableware and kitchenware export price amounted to $X per ton, shrinking by -4.4% against the previous year. In general, the export price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then contracted slightly in the following year.

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 Venezuela ($X per ton), while the average price for exports to Colombia ($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 (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Porcelain Or China Tableware And Kitchenware

Imports into Costa Rica

In 2022, approx. X tons of porcelain or china tableware and kitchenware were imported into Costa Rica; shrinking by -5.9% compared with the previous year. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 78% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, porcelain tableware and kitchenware imports contracted to $X in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 106% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of porcelain tableware and kitchenware to Costa Rica, accounting for a 80% share of total imports. Moreover, porcelain tableware and kitchenware imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), more than tenfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+5.5% per year) and Taiwan (Chinese) (+25.3% per year).

In value terms, China ($X) constituted the largest supplier of porcelain or china tableware and kitchenware to Costa Rica, comprising 70% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.3% share of total imports. It was followed by Colombia, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.5% per year) and Colombia (-10.2% per year).

Import Prices by Country

The average porcelain tableware and kitchenware import price stood at $X per ton in 2022, falling by -7.2% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, porcelain tableware and kitchenware import price increased by +40.9% against 2016 indices. The growth pace was the most rapid in 2015 when the average import price increased by 39%. The import price peaked at $X per ton in 2021, and then fell in the following year.

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 ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform