Costa Rica - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIodine Price in Costa Rica - 2022
Contents:
- Iodine Price in Costa Rica (CIF) - 2022
- Iodine Price in Costa Rica (FOB) - 2022
- Iodine Imports in Costa Rica
- Iodine Exports in Costa Rica
Iodine Price in Costa Rica (CIF) - 2022
The average iodine import price stood at $20,563 per ton in 2022, picking up by 3.4% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2014 an increase of 113% against the previous year. As a result, import price reached the peak level of $35,917 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 Chile ($23,717 per ton), while the price for Mexico ($3,585 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+88.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Iodine Price in Costa Rica (FOB) - 2022
In 2022, the average iodine export price amounted to $94,000 per ton, rising by 73% against the previous year. In general, the export price showed significant growth. The pace of growth appeared the most rapid in 2021 an increase of 557%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Panama amounted to +48.6% per year.
Iodine Imports in Costa Rica
In 2022, after three years of growth, there was significant decline in overseas purchases of iodine, when their volume decreased by -33.5% to 3.8 tons. Overall, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 5.7 tons, and then declined significantly in the following year.
In value terms, iodine imports declined rapidly to $78K in 2022. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. As a result, imports attained the peak of $138K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Iodine in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 24.7 | 54.9 | 45.9 | 38.7 | 16.1% |
| India | 51.7 | 70.8 | 54.2 | 29.6 | -17.0% |
| Germany | 2.2 | 2.8 | 1.9 | 5.5 | 35.7% |
| United States | 14.4 | 3.1 | 6.7 | 3.1 | -40.1% |
| Guatemala | N/A | 4.5 | 3.0 | 0.8 | -57.8% |
| Mexico | 1.6 | 1.5 | 2.1 | 0.5 | -32.1% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 95.7 | 138 | 114 | 78.3 | -6.5% |
Top Suppliers of Iodine to Costa Rica in 2022:
- Chile (1631.0 kg)
- India (1564.0 kg)
- Germany (241.0 kg)
- United States (182.0 kg)
- Mexico (147.0 kg)
- Guatemala (44.0 kg)
Iodine Exports in Costa Rica
In 2022, iodine exports from Costa Rica dropped significantly to 200 kg, shrinking by -20% against the year before. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 5.9%.
In value terms, iodine exports skyrocketed to $19K in 2022. In general, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 596% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Iodine in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | 0.7 | 13.6 | 18.8 | 418.2% |
| Nicaragua | N/A | 1.3 | N/A | N/A | 0% |
| Guatemala | 2.8 | N/A | N/A | N/A | 0% |
| Honduras | 8.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.6 | 1.9 | 13.6 | 18.8 | 17.5% |
Top Export Markets for Iodine from Costa Rica in 2022:
- Panama (200.0 kg)
This report provides an in-depth analysis of the iodine 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:
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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