Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,524 per ton in 2022, surging by 4% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 154% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($6,226 per ton), while the price for Sweden ($318 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,552 per ton, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. The pace of growth appeared the most rapid in 2018 an increase of 25%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($1,703 per ton), while the average price for exports to Nicaragua ($1,178 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 El Salvador (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica
Imports of acids; saturated acyclic monocarboxylic acids; formic acids into Costa Rica surged to 130 tons in 2022, with an increase of 251% on the previous year's figure. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids surged to $198K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 0.1 | 0.1 | 0.1 | 43.3 | 656.5% |
| United States | 3.1 | 9.8 | 18.2 | 18.0 | 79.7% |
| China | 4.6 | 8.9 | 8.3 | 12.3 | 38.8% |
| Guatemala | 1.5 | 1.4 | 2.4 | 8.3 | 76.9% |
| Hungary | N/A | N/A | N/A | 7.4 | 0% |
| Sweden | 5.1 | 4.6 | 4.5 | 7.4 | 13.2% |
| France | 0.2 | 0.5 | 0.9 | 1.8 | 108.0% |
| Germany | 9.5 | 3.7 | 0.6 | 1.5 | -46.0% |
| Others | 9.5 | 9.7 | 19.3 | 98.5 | 118.1% |
| Total | 33.5 | 38.6 | 54.4 | 198 | 80.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Costa Rica in 2022:
- China (25.3 tons)
- Sweden (23.2 tons)
- United States (7.5 tons)
- Mexico (6.9 tons)
- Guatemala (5.2 tons)
- Hungary (3.7 tons)
- France (1.7 tons)
- Germany (0.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica
Exports of acids; saturated acyclic monocarboxylic acids; formic acids from Costa Rica surged to 6.3 tons in 2022, jumping by 42% on the year before. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids skyrocketed to $9.8K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 4.8 | 5.0 | 1.3 | 2.9 | -15.5% |
| El Salvador | N/A | N/A | 1.6 | 1.7 | 6.3% |
| Nicaragua | 0.4 | 0.4 | 0.1 | 0.3 | -9.1% |
| Others | N/A | N/A | 3.0 | 4.9 | 63.3% |
| Total | 5.1 | 5.4 | 6.0 | 9.8 | 24.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Costa Rica in 2022:
- Panama (1.7 tons)
- El Salvador (1.2 tons)
- Nicaragua (0.2 tons)
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