Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica - 2022
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica (CIF) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica (CIF) - 2022
In 2022, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,125 per ton, picking up by 57% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.4% per year.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica (FOB) - 2022
In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $2,313 per ton, with an increase of 61% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.6% 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 petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s increased by +121.8% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Guatemala ($2,695 per ton) and Honduras ($2,489 per ton), while the average price for exports to Nicaragua ($1,876 per ton) and Panama ($2,044 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica
In 2022, overseas purchases of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s increased by 41% to 1.1M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible decrease.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $1.2B in 2022. Overall, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 688 | 329 | 512 | 1,239 | 21.7% |
Lithuania | 87.5 | N/A | N/A | N/A | 0% |
France | N/A | 11.4 | 8.4 | N/A | -26.3% |
Others | 27.4 | 44.4 | 39.0 | 6.0 | -39.7% |
Total | 803 | 385 | 559 | 1,245 | 15.7% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Costa Rica in 2022:
- United States (1102.5K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica
In 2022, approx. 74 tons of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s were exported from Costa Rica; shrinking by -27.4% against 2021. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 111%. As a result, the exports reached the peak of 101 tons, and then shrank significantly in the following year.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $171K in 2022. Overall, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 106% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 29.3 | 35.0 | 39.4 | 96.8 | 48.9% |
Panama | 22.3 | 14.5 | 46.9 | 41.1 | 22.6% |
Nicaragua | 21.4 | 9.5 | 10.7 | 19.0 | -3.9% |
Guatemala | 8.5 | 6.2 | 9.6 | 10.3 | 6.6% |
Dominican Republic | 23.9 | 0.4 | 23.2 | N/A | -1.5% |
Albania | 1.2 | 1.0 | 0.6 | N/A | -29.3% |
Others | 3.2 | 4.2 | 15.8 | 3.4 | 2.0% |
Total | 110 | 70.9 | 146 | 171 | 15.8% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Costa Rica in 2022:
- Honduras (38.9 tons)
- Panama (20.1 tons)
- Nicaragua (10.1 tons)
- Guatemala (3.8 tons)
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