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Costa Rica - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Price in Costa Rica - 2022
Contents:
- Polyethylene Price in Costa Rica (CIF) - 2022
- Polyethylene Price in Costa Rica (FOB) - 2022
- Polyethylene Imports in Costa Rica
- Polyethylene Exports in Costa Rica
Polyethylene Price in Costa Rica (CIF) - 2022
The average polyethylene import price stood at $1,706 per ton in 2022, therefore, remained relatively stable against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene import price increased by +67.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 69% against the previous year. The import price peaked at $1,762 per ton in 2014; however, from 2015 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 ($1,793 per ton), while the price for Panama ($666 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 Arab Emirates (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyethylene Price in Costa Rica (FOB) - 2022
The average polyethylene export price stood at $2,184 per ton in 2022, picking up by 10% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene export price increased by +144.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 122%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,484 per ton), while the average price for exports to El Salvador ($953 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 (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Imports in Costa Rica
In 2022, approx. 27K tons of primary polyethylene with a specific gravity of over 0,94 were imported into Costa Rica; picking up by 6.4% on the previous year's figure. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of 29K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, polyethylene imports amounted to $45M 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 +15.8% 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 +55.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
Import of Polyethylene in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 21.9 | 18.7 | 24.9 | 28.4 | 9.0% |
Mexico | 1.2 | 4.1 | 5.8 | 8.6 | 92.8% |
Colombia | N/A | N/A | 0.1 | 2.8 | 2700.0% |
United Arab Emirates | 2.2 | 3.6 | 3.9 | 1.4 | -14.0% |
Qatar | 0.2 | N/A | 1.3 | 1.2 | 81.7% |
Canada | 1.3 | 1.0 | 1.4 | 0.9 | -11.5% |
Panama | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
Others | 2.2 | 1.8 | 5.2 | 1.4 | -14.0% |
Total | 29.1 | 29.4 | 43.0 | 45.2 | 15.8% |
Top Suppliers of Polyethylene to Costa Rica in 2022:
- United States (15.8K tons)
- Mexico (5.2K tons)
- Colombia (1.6K tons)
- Panama (0.9K tons)
- United Arab Emirates (0.8K tons)
- Qatar (0.7K tons)
- Canada (0.5K tons)
Polyethylene Exports in Costa Rica
In 2022, polyethylene exports from Costa Rica rose notably to 252 tons, surging by 13% compared with the year before. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 112% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, polyethylene exports surged to $551K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 112% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Polyethylene in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 91.2 | 34.9 | 224 | 240 | 38.1% |
Panama | 44.8 | 23.5 | 145 | 209 | 67.1% |
United States | N/A | 0.5 | 15.5 | 68.6 | 1071.3% |
El Salvador | 9.4 | N/A | N/A | 25.6 | 39.6% |
Nicaragua | 31.3 | 14.9 | 47.9 | 6.9 | -39.6% |
Peru | N/A | 91.1 | N/A | N/A | 0% |
Others | 2.8 | 43.2 | 9.3 | N/A | 82.2% |
Total | 179 | 208 | 442 | 551 | 45.5% |
Top Export Markets for Polyethylene from Costa Rica in 2022:
- Guatemala (111.7 tons)
- Panama (91.7 tons)
- El Salvador (26.9 tons)
- United States (19.7 tons)
- Nicaragua (2.2 tons)
This report provides an in-depth analysis of the polyethylene market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the polyethylene market in Costa Rica.
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