Phosphorus Price in Costa Rica - 2022
Contents:
Phosphorus Price in Costa Rica (CIF) - 2022
The average phosphorus import price stood at $13,042 per ton in 2022, growing by 41% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.5% per year.
Phosphorus Imports in Costa Rica
For the third consecutive year, Costa Rica recorded decline in purchases abroad of phosphori, which decreased by -15.8% to 646 kg in 2022. Overall, imports recorded a deep contraction.
In value terms, phosphorus imports surged to $8.4K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Phosphorus in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 6.0 | 7.1 | 8.4 | 18.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 6.0 | 7.1 | 8.4 | 18.9% |
Top Suppliers of Phosphorus to Costa Rica in 2022:
- United States (646.0 kg)
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