Costa Rica - Insecticides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsecticide Price in Costa Rica - 2022
Contents:
- Insecticide Price in Costa Rica (CIF) - 2022
- Insecticide Price in Costa Rica (FOB) - 2022
- Insecticide Imports in Costa Rica
- Insecticide Exports in Costa Rica
Insecticide Price in Costa Rica (CIF) - 2022
The average insecticide import price stood at $6,969 per ton in 2022, rising by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2021 an increase of 17%. The import price peaked in 2022 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 Colombia ($37,971 per ton), while the price for Peru ($2,165 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Insecticide Price in Costa Rica (FOB) - 2022
The average insecticide export price stood at $7,112 per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 11% against the previous year. The export price peaked at $7,165 per ton in 2019; however, from 2020 to 2022, the 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 the Dominican Republic ($12,038 per ton), while the average price for exports to Nicaragua ($4,000 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 the Dominican Republic (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Insecticide Imports in Costa Rica
Insecticide imports into Costa Rica rose remarkably to 7.1K tons in 2022, surging by 7.4% against 2021. In general, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. As a result, imports reached the peak of 9.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, insecticide imports rose remarkably to $50M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of $57M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Insecticide in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.8 | 13.0 | 11.0 | 15.5 | 3.9% |
| Israel | 8.3 | 8.7 | 5.3 | 7.3 | -4.2% |
| Mexico | 2.9 | 3.7 | 4.2 | 5.0 | 19.9% |
| Colombia | 3.2 | 3.0 | 1.4 | 4.6 | 12.9% |
| Guatemala | 4.2 | 6.2 | 2.7 | 3.5 | -5.9% |
| Brazil | 1.9 | 2.2 | 2.2 | 3.4 | 21.4% |
| China | 2.0 | 1.9 | 1.6 | 2.5 | 7.7% |
| Japan | 3.8 | 4.1 | 3.4 | 2.3 | -15.4% |
| Argentina | 0.4 | 0.6 | 0.3 | 0.5 | 7.7% |
| Peru | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Indonesia | 0.4 | 0.7 | 0.4 | 0.4 | 0.0% |
| Netherlands | 1.9 | 2.8 | 4.0 | N/A | 45.1% |
| Others | 6.9 | 10.1 | 8.3 | 4.3 | -14.6% |
| Total | 50.1 | 57.2 | 45.0 | 49.7 | -0.3% |
Top Suppliers of Insecticide to Costa Rica in 2022:
- United States (1936.6 tons)
- Mexico (1323.9 tons)
- Israel (982.8 tons)
- Guatemala (940.1 tons)
- China (435.9 tons)
- Brazil (337.1 tons)
- Peru (168.7 tons)
- Indonesia (155.7 tons)
- Japan (136.7 tons)
- Colombia (121.2 tons)
- Argentina (103.8 tons)
Insecticide Exports in Costa Rica
In 2022, exports of insecticides from Costa Rica soared to 2.4K tons, rising by 26% compared with the previous year's figure. In general, exports, however, showed a slight descent.
In value terms, insecticide exports soared to $17M in 2022. Overall, exports, however, recorded a pronounced slump.
| Export of Insecticide in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 3.3 | 3.3 | 2.4 | 3.2 | -1.0% |
| Guatemala | 2.5 | 2.6 | 2.4 | 2.7 | 2.6% |
| Panama | 1.9 | 2.4 | 2.0 | 2.3 | 6.6% |
| Nicaragua | 2.6 | 3.1 | 1.6 | 2.3 | -4.0% |
| Dominican Republic | 1.2 | 1.2 | 0.8 | 1.1 | -2.9% |
| El Salvador | 1.3 | 1.2 | 0.8 | 0.8 | -14.9% |
| Ecuador | 0.8 | 0.4 | 0.7 | 0.6 | -9.1% |
| Cuba | 1.5 | 0.2 | 0.2 | N/A | -63.5% |
| Others | 3.2 | 3.1 | 2.6 | 4.0 | 7.7% |
| Total | 18.2 | 17.5 | 13.5 | 17.1 | -2.1% |
Top Export Markets for Insecticide from Costa Rica in 2022:
- Honduras (605.9 tons)
- Nicaragua (571.2 tons)
- Guatemala (427.8 tons)
- Panama (371.8 tons)
- Ecuador (107.5 tons)
- Dominican Republic (94.6 tons)
- El Salvador (94.4 tons)
This report provides an in-depth analysis of the insecticide market 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 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201190 - Other insecticides
- Prodcom 20201100 -
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
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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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