Carbonates; Potassium Carbonate Price in Costa Rica - 2022

Contents:

  1. Carbonates; Potassium Carbonate Price in Costa Rica (CIF) - 2022
  2. Carbonates; Potassium Carbonate Price in Costa Rica (FOB) - 2022
  3. Carbonates; Potassium Carbonate Imports in Costa Rica
  4. Carbonates; Potassium Carbonate Exports in Costa Rica

Carbonates; Potassium Carbonate Price in Costa Rica (CIF) - 2022

In 2022, the average carbonates; potassium carbonate import price amounted to $4,679 per ton, with an increase of 35% against the previous year. Overall, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($24,284 per ton), while the price for Guatemala ($1,176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+103.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Price in Costa Rica (FOB) - 2022

The average carbonates; potassium carbonate export price stood at $797 per ton in 2022, rising by 8.1% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of 61%. Over the period under review, the average export prices hit record highs at $2,231 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +10.7% per year.

Carbonates; Potassium Carbonate Imports in Costa Rica

In 2022, overseas purchases of carbonates; potassium carbonates decreased by -19.5% to 25 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports attained the peak of 45 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, carbonates; potassium carbonate imports expanded sharply to $117K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 62% against the previous year. As a result, imports attained the peak of $129K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Carbonates; Potassium Carbonate in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States54.380.360.689.918.3%
Guatemala1.14.29.821.6169.8%
NorwayN/A3.6N/A5.119.0%
Hong Kong SAR3.63.32.4N/A-18.4%
RussiaN/A17.218.8N/A9.3%
Spain3.72.30.5N/A-63.2%
China15.716.613.9N/A-5.9%
Others1.32.01.30.2-46.4%
Total79.712910711713.7%

Top Suppliers of Carbonates; Potassium Carbonate to Costa Rica in 2022:

  1. Guatemala (18.4 tons)
  2. United States (3.7 tons)
  3. Norway (2.9 tons)

Carbonates; Potassium Carbonate Exports in Costa Rica

In 2022, carbonates; potassium carbonate exports from Costa Rica declined sharply to 725 kg, waning by -76% on the previous year. Over the period under review, exports showed a significant contraction. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. As a result, the exports attained the peak of 3 tons, and then shrank notably in the following year.

In value terms, carbonates; potassium carbonate exports contracted dramatically to $578 in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, the exports reached the peak of $2.2K, and then contracted rapidly in the following year.

Export of Carbonates; Potassium Carbonate in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama41865632257811.4%
Nicaragua322323344N/A3.4%
MexicoN/AN/A1,556N/A0%
Others12.011.011.0N/A-4.3%
Total7529902,233578-8.4%

Top Export Markets for Carbonates; Potassium Carbonate from Costa Rica in 2022:

  1. Panama (725.0 kg)

Source: IndexBox Market Intelligence Platform

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