Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica - 2022

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica (CIF) - 2022
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica (FOB) - 2022
  3. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica
  4. Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica (CIF) - 2022

In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $5,055 per ton, growing by 2.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the peak figure at $6,275 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,119 per ton), while the price for the United States amounted to $3,005 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced a decline.

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica (FOB) - 2022

In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $4,747 per ton, approximately reflecting the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2015 to 2022, the rate of growth in terms of prices for Panama amounted to +89.5% per year.

Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica

In 2022, overseas purchases of monophenols; phenol (hydroxybenzene) and its saltses decreased by -56.1% to 3 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 151%. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses reduced rapidly to $15K in 2022. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 148% against the previous year. As a result, imports reached the peak of $48K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.828.216.711.619.5%
United States0.63.21.13.172.9%
Spain1.41.71.4N/A0.0%
China8.412.211.4N/A16.5%
Belgium0.60.80.8N/A15.5%
Others1.61.92.10.3-42.8%
Total19.448.133.515.0-8.2%

Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Costa Rica in 2022:

  1. Germany (1890.0 kg)
  2. United States (1046.0 kg)

Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica

In 2022, approx. 693 kg of monophenols; phenol (hydroxybenzene) and its saltses were exported from Costa Rica; remaining stable against the year before. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses stood at $3.3K in 2022. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Costa Rica (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Panama0.3N/A3.3231.7%
OthersN/AN/AN/A0%
Total0.3N/A3.3231.7%

Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Costa Rica in 2022:

  1. Panama (693.0 kg)

Source: IndexBox Market Intelligence Platform

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