Price for Dyes; Pigments and Preparations Based Thereon in Costa Rica - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Costa Rica (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Costa Rica (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Costa Rica
- Exports of Dyes; Pigments and Preparations Based Thereon in Costa Rica
Price for Dyes; Pigments and Preparations Based Thereon in Costa Rica (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $9,375 per ton in 2022, rising by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($25,690 per ton), while the price for Brazil ($5,123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Costa Rica (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $7,825 per ton in 2022, growing by 23% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +9.4% 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 dyes; pigments and preparations based therea increased by +53.1% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 66%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($9,340 per ton), while the average price for exports to Nicaragua ($6,168 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 (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Costa Rica
After three years of growth, supplies from abroad of dyes; pigments and preparations based therea decreased by -28.1% to 796 tons in 2022. Over the period under review, imports continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 1.1K tons, and then reduced sharply in the following year.
In value terms, imports of dyes; pigments and preparations based therea fell to $7.5M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of $8.5M, and then declined in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,199 | 2,752 | 3,514 | 2,860 | -3.7% |
| Germany | 914 | 1,216 | 1,034 | 1,132 | 7.4% |
| Mexico | 486 | 387 | 401 | 901 | 22.8% |
| Brazil | 316 | 484 | 798 | 722 | 31.7% |
| Guatemala | 639 | 602 | 863 | 658 | 1.0% |
| Colombia | 764 | 620 | 521 | 383 | -20.6% |
| India | 240 | 404 | 610 | 225 | -2.1% |
| Others | 469 | 597 | 799 | 582 | 7.5% |
| Total | 7,027 | 7,062 | 8,540 | 7,462 | 2.0% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Costa Rica in 2022:
- United States (367.2 tons)
- Brazil (140.8 tons)
- Colombia (56.7 tons)
- Guatemala (50.8 tons)
- Mexico (45.0 tons)
- Germany (44.1 tons)
- India (19.9 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Costa Rica
In 2022, approx. 152 tons of dyes; pigments and preparations based therea were exported from Costa Rica; declining by -6.8% against the previous year. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 164 tons, and then shrank in the following year.
In value terms, exports of dyes; pigments and preparations based therea rose remarkably to $1.2M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Dyes; Pigments and Preparations Based Thereon in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 308 | 382 | 318 | 383 | 7.5% |
| Nicaragua | 182 | 154 | 267 | 343 | 23.5% |
| Honduras | 90.0 | 88.5 | 155 | 189 | 28.1% |
| El Salvador | 132 | 132 | 189 | 138 | 1.5% |
| Panama | 76.0 | 58.8 | 103 | 116 | 15.1% |
| Others | 5.2 | 29.6 | 12.3 | 23.0 | 64.2% |
| Total | 794 | 845 | 1,045 | 1,193 | 14.5% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Costa Rica in 2022:
- Nicaragua (55.6 tons)
- Guatemala (41.0 tons)
- Honduras (22.5 tons)
- El Salvador (16.8 tons)
- Panama (14.2 tons)
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