Price for Styrene Polymers; Waste, Parings and Scrap in Costa Rica - 2022

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in Costa Rica (CIF) - 2022
2. Price for Styrene Polymers; Waste, Parings and Scrap in Costa Rica (FOB) - 2022
3. Imports of Styrene Polymers; Waste, Parings and Scrap in Costa Rica
4. Exports of Styrene Polymers; Waste, Parings and Scrap in Costa Rica

Price for Styrene Polymers; Waste, Parings and Scrap in Costa Rica (CIF) - 2022

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $1,707 per ton, increasing by 77% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for styrene polymers; waste, parings and scraps increased by +109.2% against 2017 indices. As a result, import price attained 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 the United States ($2,338 per ton), while the price for the Dominican Republic ($322 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Styrene Polymers; Waste, Parings and Scrap in Costa Rica (FOB) - 2022

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $272 per ton, falling by -4.3% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 2.8% against the previous year. As a result, the export price attained the peak level of $658 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($291 per ton), while the average price for exports to the United States totaled $18 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+80.8%), while the prices for the other major destinations experienced a decline.

Imports of Styrene Polymers; Waste, Parings and Scrap in Costa Rica

In 2022, approx. 149 tons of styrene polymers; waste, parings and scraps were imported into Costa Rica; surging by 9.5% on 2021 figures. In general, imports, however, saw a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 133%.

In value terms, imports of styrene polymers; waste, parings and scraps soared to $255K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 131%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Costa Rica in 2022:

1. United States (73.5 tons)
2. Guatemala (53.4 tons)
3. Chile (10.4 tons)
4. El Salvador (7.2 tons)
5. Dominican Republic (3.8 tons)

Exports of Styrene Polymers; Waste, Parings and Scrap in Costa Rica

For the third consecutive year, Costa Rica recorded decline in shipments abroad of styrene polymers; waste, parings and scraps, which decreased by -4.4% to 13 tons in 2022. In general, exports recorded a deep slump.

In value terms, exports of styrene polymers; waste, parings and scraps declined to $3.6K in 2022. Over the period under review, exports showed a deep slump.

Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Costa Rica in 2022:

1. Hong Kong SAR (12.4 tons)
2. United States (1.0 tons)

Source: IndexBox Market Intelligence Platform