Liquefied Butanes Price in Costa Rica - 2022

Contents:

  1. Liquefied Butanes Price in Costa Rica (CIF) - 2022
  2. Liquefied Butanes Price in Costa Rica (FOB) - 2022
  3. Liquefied Butanes Imports in Costa Rica
  4. Liquefied Butanes Exports in Costa Rica

Liquefied Butanes Price in Costa Rica (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $916 per ton, with a decrease of -52.3% against the previous year. Overall, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2021 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $1,920 per ton, and then contracted significantly 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 ($23,236 per ton), while the price for Colombia ($1,584 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 (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Price in Costa Rica (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $7,584 per ton, waning by -1.6% against the previous year. In general, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2019 an increase of 70% against the previous year. As a result, the export price attained the peak level of $7,729 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($657 per ton), while the average price for exports to Nicaragua stood at $450 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (-19.3%).

Liquefied Butanes Imports in Costa Rica

In 2022, overseas purchases of liquefied butaneses increased by 172% to 44K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes imports soared to $40M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Liquefied Butanes in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia14.017.50.60.5-67.1%
Panama1.72.20.10.1-61.1%
Trinidad and Tobago10.74.80.1N/A-90.3%
Others5.37.130.439.795.7%
Total31.831.631.240.48.3%

Top Suppliers of Liquefied Butanes to Costa Rica in 2022:

  1. Colombia (0.3K tons)

Liquefied Butanes Exports in Costa Rica

In 2022, liquefied butanes exports from Costa Rica shrank markedly to 209 kg, with a decrease of -23.7% against the previous year. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.9%.

In value terms, liquefied butanes exports declined notably to $1.6K in 2022. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 2.6% against the previous year.

Export of Liquefied Butanes in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1591,9182,1117.0-64.7%
NicaraguaN/AN/AN/A1.00%
Colombia893N/AN/AN/A0%
Belarus1,112N/AN/AN/A0%
OthersN/A140N/A1,577235.6%
Total2,1642,0582,1111,585-9.9%

Top Export Markets for Liquefied Butanes from Costa Rica in 2022:

  1. Guatemala (10.0 kg)
  2. Nicaragua (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Petroleum gases and other gaseous hydrocarbons; liquefied, butanes - Costa Rica