Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica - 2022

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica (CIF) - 2022
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $18,488 per ton, rising by 2.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $20,279 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($23,365 per ton), while the price for Canada ($1,053 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $18,036 per ton, waning by -3.4% against the previous year. Overall, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the maximum at $27,490 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($41,627 per ton), while the average price for exports to Guatemala ($14,764 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 Mexico (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica

In 2022, purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -0.5% to 23 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a mild contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 0.6%. As a result, imports attained the peak of 25 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol rose modestly to $432K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 3.9%. As a result, imports reached the peak of $442K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany246289327188-8.6%
Mexico44.558.819.118.4-25.5%
China75.546.919.414.4-42.4%
India26.020.825.510.6-25.9%
Guatemala22.04.715.55.6-36.6%
United States5.615.67.93.5-14.5%
Canada3.54.05.22.4-11.8%
Others1.81.62.4189371.8%
Total4254424224320.5%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Costa Rica in 2022:

  1. Germany (8.1 tons)
  2. Canada (2.3 tons)
  3. China (1.4 tons)
  4. Guatemala (1.1 tons)
  5. Mexico (1.0 tons)
  6. United States (0.8 tons)
  7. India (0.6 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica

For the third year in a row, Costa Rica recorded decline in shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, which decreased by -6.1% to 248 kg in 2022. Overall, exports saw a precipitous descent. The smallest decline of -5.7% was in 2021.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol shrank to $4.5K in 2022. In general, exports showed a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 23%.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala22.72.63.23.0-49.1%
Honduras3.20.50.60.5-46.1%
Panama2.90.40.50.4-48.3%
Mexico0.70.20.30.2-34.1%
Nicaragua1.50.20.20.2-48.9%
Cuba1.20.20.20.1-56.3%
OthersN/AN/AN/AN/A0%
Total32.14.04.94.5-48.1%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Costa Rica in 2022:

  1. Guatemala (200.0 kg)
  2. Honduras (19.0 kg)
  3. Panama (12.0 kg)
  4. Cuba (6.0 kg)
  5. Mexico (6.0 kg)
  6. Nicaragua (5.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol - Costa Rica