Price for Bromides; of Sodium or of Potassium in Costa Rica - 2022

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Costa Rica (CIF) - 2022
  2. Price for Bromides; of Sodium or of Potassium in Costa Rica (FOB) - 2022
  3. Imports of Bromides; of Sodium or of Potassium in Costa Rica
  4. Exports of Bromides; of Sodium or of Potassium in Costa Rica

Price for Bromides; of Sodium or of Potassium in Costa Rica (CIF) - 2022

The average import price for bromides; of sodium or of potassia stood at $7,687 per ton in 2022, reducing by -5.5% against the previous year. Over the period under review, the import price showed a noticeable decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by 52%. The import price peaked at $22,083 per ton in 2017; however, from 2018 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 China ($20,500 per ton), while the price for Mexico ($7,112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bromides; of Sodium or of Potassium in Costa Rica (FOB) - 2022

The average export price for bromides; of sodium or of potassia stood at $2,625 per ton in 2020, rising by 6.5% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $3,132 per ton in 2017; however, from 2018 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2017 to 2020, the rate of growth in terms of prices for Panama amounted to +1.6% per year.

Imports of Bromides; of Sodium or of Potassium in Costa Rica

After two years of decline, purchases abroad of bromides; of sodium or of potassia increased by 49% to 4 tons in 2022. In general, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of bromides; of sodium or of potassia surged to $31K in 2022. Overall, imports, however, saw a abrupt slump.

Import of Bromides; of Sodium or of Potassium in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States30.717.519.525.7-5.8%
Mexico2.21.80.33.010.9%
China1.61.71.61.60.0%
Canada1.55.2N/AN/A246.7%
Others1.03.00.40.3-33.1%
Total37.129.321.730.6-6.2%

Top Suppliers of Bromides; of Sodium or of Potassium to Costa Rica in 2022:

  1. United States (3458.0 kg)
  2. Mexico (420.0 kg)
  3. China (80.0 kg)

Exports of Bromides; of Sodium or of Potassium in Costa Rica

In 2020, the amount of bromides; of sodium or of potassia exported from Costa Rica plummeted to 3.7 tons, which is down by -81.1% on the previous year. In general, exports saw a dramatic decline.

In value terms, exports of bromides; of sodium or of potassia contracted sharply to $9.8K in 2020. Overall, exports showed a dramatic descent.

Export of Bromides; of Sodium or of Potassium in Costa Rica (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Panama19.29.8-49.0%
Guatemala29.3N/A0%
OthersN/AN/A0%
Total48.69.8-79.8%

Top Export Markets for Bromides; of Sodium or of Potassium from Costa Rica in 2022:

  1. Panama (3.7 tons)

Source: IndexBox Market Intelligence Platform

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