Price for Mineral Substances Not Elsewhere Specified or Included in Costa Rica - 2022

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Costa Rica (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Costa Rica (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Costa Rica
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Costa Rica

Price for Mineral Substances Not Elsewhere Specified or Included in Costa Rica (CIF) - 2022

The average import price for mineral substances not elsewhere specified or includeds stood at $231 per ton in 2022, with an increase of 3.5% against the previous year. Overall, the import price, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the maximum at $325 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,664 per ton), while the price for China ($206 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mineral Substances Not Elsewhere Specified or Included in Costa Rica (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $1,329 per ton in 2022, increasing by 122% against the previous year. Overall, the export price saw a remarkable increase. The export price peaked at $1,655 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 Mexico ($2,459 per ton), while the average price for exports to the United States amounted to $652 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+41.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mineral Substances Not Elsewhere Specified or Included in Costa Rica

Imports of mineral substances not elsewhere specified or includeds into Costa Rica soared to 18K tons in 2022, picking up by 749% on 2021 figures. Overall, imports saw a prominent increase.

In value terms, imports of mineral substances not elsewhere specified or includeds surged to $4.1M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mineral Substances Not Elsewhere Specified or Included in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.13.30.43.619.7%
United StatesN/AN/AN/A0.40%
Others0.10.1N/A0.10.0%
Total2.23.40.54.123.1%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Costa Rica in 2022:

  1. China (17.3K tons)
  2. United States (0.3K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Costa Rica

In 2022, the amount of mineral substances not elsewhere specified or includeds exported from Costa Rica contracted rapidly to 3.7 tons, dropping by -80.8% compared with the year before. Overall, exports continue to indicate a significant contraction. The smallest decline of -16.7% was in 2020.

In value terms, exports of mineral substances not elsewhere specified or includeds plummeted to $5K in 2022. In general, exports continue to indicate a sharp decline. The smallest decline of -26.2% was in 2020.

Export of Mineral Substances Not Elsewhere Specified or Included in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/A2.53.436.0%
United StatesN/AN/A0.11.51400.0%
Panama51.540.08.9N/A-58.4%
Others3.40.50.1N/A-82.9%
Total54.940.611.65.0-55.0%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Costa Rica in 2022:

  1. United States (2.3 tons)
  2. Mexico (1.4 tons)

Source: IndexBox Market Intelligence Platform

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