Costa Rica - Oil And Water Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Oil and Water Paints and Varnishes in Costa Rica - 2022
Contents:
- Price for Oil and Water Paints and Varnishes in Costa Rica (CIF) - 2022
- Price for Oil and Water Paints and Varnishes in Costa Rica (FOB) - 2022
- Imports of Oil and Water Paints and Varnishes in Costa Rica
- Exports of Oil and Water Paints and Varnishes in Costa Rica
Price for Oil and Water Paints and Varnishes in Costa Rica (CIF) - 2022
The average import price for oil and water paints and varnishes stood at $3,320 per ton in 2022, increasing by 7.7% against the previous year. Over the period under review, the import price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 71%. As a result, import price reached the peak level of $6,425 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,001 per ton), while the price for Spain ($1,651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.0%), while the prices for the other major suppliers experienced a decline.
Price for Oil and Water Paints and Varnishes in Costa Rica (FOB) - 2022
In 2022, the average export price for oil and water paints and varnishes amounted to $2,960 per ton, leveling off at the previous year. Overall, the export price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 20% against the previous year. The export price peaked at $4,232 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($3,845 per ton), while the average price for exports to El Salvador ($1,609 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 El Salvador (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil and Water Paints and Varnishes in Costa Rica
In 2022, overseas purchases of oil and water paints and varnishes decreased by -16% to 168 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of 567 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oil and water paints and varnishes contracted to $559K in 2022. In general, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of $2.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Oil and Water Paints and Varnishes in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 868 | 1,326 | 344 | 296 | -30.1% |
Spain | 286 | 436 | 124 | 190 | -12.7% |
Mexico | 109 | 91.2 | 42.6 | 40.9 | -27.9% |
Panama | 427 | 58.3 | 25.9 | N/A | -75.4% |
Others | 219 | 267 | 82.3 | 31.4 | -47.7% |
Total | 1,910 | 2,178 | 618 | 559 | -33.6% |
Top Suppliers of Oil and Water Paints and Varnishes to Costa Rica in 2022:
- Spain (115.3 tons)
- United States (32.9 tons)
- Mexico (16.3 tons)
Exports of Oil and Water Paints and Varnishes in Costa Rica
In 2022, the amount of oil and water paints and varnishes exported from Costa Rica reduced rapidly to 24 tons, declining by -37.5% against the year before. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 90% against the previous year. As a result, the exports reached the peak of 39 tons, and then shrank rapidly in the following year.
In value terms, exports of oil and water paints and varnishes reduced remarkably to $72K in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 60%. As a result, the exports reached the peak of $115K, and then reduced notably in the following year.
Export of Oil and Water Paints and Varnishes in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nicaragua | 15.2 | 24.2 | 37.7 | 31.7 | 27.8% |
Panama | 5.2 | 7.3 | 45.5 | 15.5 | 43.9% |
Guatemala | 5.8 | 7.2 | 6.4 | 14.9 | 37.0% |
Honduras | 3.5 | 4.9 | 4.4 | 6.8 | 24.8% |
United States | N/A | 0.3 | 0.3 | 1.7 | 138.0% |
El Salvador | 1.5 | 0.4 | 0.3 | 1.1 | -9.8% |
Spain | 55.2 | N/A | N/A | N/A | 0% |
Dominican Republic | 7.7 | 7.4 | 3.5 | N/A | -32.6% |
Mexico | 2.7 | 3.7 | 4.4 | N/A | 27.7% |
Others | 4.6 | 16.1 | 12.0 | N/A | 61.5% |
Total | 102 | 71.6 | 115 | 71.7 | -11.1% |
Top Export Markets for Oil and Water Paints and Varnishes from Costa Rica in 2022:
- Nicaragua (8.3 tons)
- Guatemala (7.3 tons)
- Panama (4.8 tons)
- Honduras (2.4 tons)
- United States (0.8 tons)
- El Salvador (0.7 tons)
This report provides an in-depth analysis of the market for oil and water paints and varnishes in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20302213 - Oil paints and varnishes (including enamels and lacquers)
- Prodcom 20302215 - Prepared water pigments for finishing leather, paints and varnishes (including enamels, lacquers and distempers) (excluding of oil)
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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