Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica - 2022

Contents:

  1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica (CIF) - 2022
  2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica (FOB) - 2022
  3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica
  4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica (CIF) - 2022

In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $3,582 per ton, picking up by 54% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3,653 per ton in 2013; however, from 2014 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 ($3,951 per ton), while the price for China stood at $2,083 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+227.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica (FOB) - 2022

The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,452 per ton in 2022, which is down by -11.8% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 195%. The export price peaked at $5,326 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($1,558 per ton), while the average price for exports to Mexico ($1,401 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 Colombia (+3.4%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica

In 2022, purchases abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -13.6% to 395 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 32%. As a result, imports reached the peak of 549 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses soared to $1.4M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5979007451,24527.8%
China182196208156-5.0%
Germany90.114457.4N/A-20.2%
Others44.686.050.812.8-34.0%
Total9141,3261,0621,41315.6%

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Costa Rica in 2022:

  1. United States (315.1 tons)
  2. China (74.7 tons)

Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in shipments abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, which increased by 334% to 60 tons in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $87K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/A3.211.355.9318.0%
Guatemala0.20.40.230.5434.3%
Panama2.13.95.90.4-42.5%
Nicaragua0.10.61.1N/A231.7%
Colombia1.02.13.7N/A92.4%
Others2.40.30.60.6-37.0%
Total5.810.622.887.3146.9%

Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Costa Rica in 2022:

  1. Mexico (39.9 tons)
  2. Guatemala (20.0 tons)
  3. Panama (0.2 tons)

Source: IndexBox Market Intelligence Platform

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