Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $813 per ton, increasing by 8.9% against the previous year. In general, the import price continues to indicate a measured expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 73%. The import price peaked at $1,309 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Germany ($1,513 per ton), while the price for China ($446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $2,709 per ton in 2022, falling by -24.9% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 64% against the previous year. As a result, the export price attained the peak level of $3,605 per ton, and then contracted significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($9,111 per ton), while the average price for exports to Ecuador ($2,359 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 Panama (+13.9%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses decreased by -77.6% to 63 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 301%. As a result, imports attained the peak of 720 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses dropped remarkably to $51K in 2022. Overall, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 95%. As a result, imports attained the peak of $458K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 12.1 | 26.0 | 10.2 | 16.2 | 10.2% |
China | 33.6 | 179 | 78.8 | 5.6 | -45.0% |
Netherlands | 21.6 | 14.1 | 5.8 | 4.3 | -41.6% |
United States | 53.0 | 32.6 | 9.5 | 1.0 | -73.4% |
Others | 115 | 206 | 106 | 24.2 | -40.5% |
Total | 235 | 458 | 210 | 51.3 | -39.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Costa Rica in 2022:
- China (12.6 tons)
- Germany (10.7 tons)
- Netherlands (2.9 tons)
- United States (0.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica
Exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from Costa Rica reduced dramatically to 1.1 tons in 2022, declining by -19.4% on the previous year's figure. In general, exports continue to indicate a dramatic shrinkage.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses fell sharply to $3K in 2022. Over the period under review, exports recorded a dramatic slump.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 138 | 26.3 | 3.7 | 2.4 | -74.1% |
Panama | 32.7 | 5.6 | 0.8 | 0.5 | -75.2% |
Canada | N/A | N/A | 0.5 | 0.2 | -60.0% |
Honduras | 29.5 | 2.1 | N/A | N/A | -92.9% |
Others | 62.2 | 2.1 | N/A | N/A | -96.6% |
Total | 263 | 36.2 | 5.0 | 3.0 | -77.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Costa Rica in 2022:
- Ecuador (1001.0 kg)
- Panama (97.0 kg)
- Canada (18.0 kg)
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