Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,684 per ton in 2022, picking up by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,080 per ton), while the price for China ($2,177 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $3,447 per ton in 2022, jumping by 44% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses increased by +70.8% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Honduras ($4,427 per ton), while the average price for exports to Guatemala ($2,398 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 Honduras (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -21.4% to 244 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 53% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses dropped slightly to $656K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 40%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 234 | 135 | 208 | 278 | 5.9% |
| Colombia | 64.9 | 186 | 391 | 244 | 55.5% |
| Canada | 93.0 | 238 | 14.5 | 62.2 | -12.5% |
| Netherlands | N/A | 2.9 | 35.9 | 36.5 | 254.8% |
| China | 0.1 | 5.4 | 7.1 | 10.3 | 368.8% |
| Others | 20.8 | 10.2 | 19.8 | 25.2 | 6.6% |
| Total | 412 | 576 | 677 | 656 | 16.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Costa Rica in 2022:
- Colombia (105.3 tons)
- United States (88.5 tons)
- Canada (23.6 tons)
- Netherlands (16.0 tons)
- China (4.8 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -47.7% to 28 tons, falling for the second year in a row after two years of growth. In general, exports saw a slight decrease. The growth pace was the most rapid in 2020 when exports increased by 169% against the previous year. As a result, the exports reached the peak of 79 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses dropped notably to $97K in 2022. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2020 when exports increased by 104% against the previous year. As a result, the exports attained the peak of $160K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 42.5 | 42.9 | 90.0 | 54.2 | 8.4% |
| Panama | 22.2 | 104 | 38.4 | 29.6 | 10.1% |
| Guatemala | N/A | 13.5 | N/A | 1.5 | -66.7% |
| Nicaragua | 9.6 | N/A | N/A | N/A | 0% |
| Others | 4.4 | 0.1 | N/A | 11.5 | 37.7% |
| Total | 78.7 | 160 | 128 | 96.8 | 7.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Costa Rica in 2022:
- Honduras (12.2 tons)
- Panama (10.2 tons)
- Guatemala (0.6 tons)
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