Costa Rica - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Costa Rica - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights

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Potassium Hydroxide Price in Costa Rica - 2021

Contents:

  1. Potassium Hydroxide Price in Costa Rica (CIF) - 2021
  2. Potassium Hydroxide Price in Costa Rica (FOB) - 2022
  3. Potassium Hydroxide Imports in Costa Rica
  4. Potassium Hydroxide Exports in Costa Rica

Potassium Hydroxide Price in Costa Rica (CIF) - 2021

The average potassium hydroxide import price stood at $1,042 per ton in March 2020, declining by -2.6% against the previous month. Over the last two-month period, it increased at an average monthly rate of +3.8%. The most prominent rate of growth was recorded in February 2020 when the average import price increased by 11% against the previous month. As a result, import price attained the peak level of $1,069 per ton, and then shrank slightly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,301 per ton), while the price for South Korea ($971 per ton) was amongst the lowest.

From January 2020 to March 2020, the most notable rate of growth in terms of prices was attained by the United States (+103.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Potassium Hydroxide Price in Costa Rica (FOB) - 2022

The average potassium hydroxide export price stood at $1,159 per ton in 2022, approximately mirroring the previous year. Overall, the export price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2018 an increase of 15%. The export price peaked at $1,661 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($1,339 per ton), while the average price for exports to Panama ($725 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 Guatemala (-1.6%), while the prices for the other major destinations experienced a decline.

Potassium Hydroxide Imports in Costa Rica

Potassium hydroxide imports into Costa Rica rose notably to 922 tons in 2022, with an increase of 11% against the previous year. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 81% against the previous year. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, potassium hydroxide imports amounted to $753K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 75%. As a result, imports attained the peak of $790K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Potassium Hydroxide in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea25740151055729.4%
Russia42.869.811312743.7%
China58.527230.236.4-14.6%
United States23.340.959.229.68.3%
British Virgin Islands43.4N/AN/AN/A0%
Others25.16.13.52.1-56.3%
Total45179071575318.6%

Top Suppliers of Potassium Hydroxide to Costa Rica in 2022:

  1. South Korea (672.9 tons)
  2. Russia (179.4 tons)
  3. China (44.4 tons)
  4. United States (22.7 tons)

Potassium Hydroxide Exports in Costa Rica

Potassium hydroxide exports from Costa Rica contracted rapidly to 6 tons in 2022, falling by -26.7% on the previous year. In general, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 115%.

In value terms, potassium hydroxide exports reduced notably to $7K in 2022. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year.

Export of Potassium Hydroxide in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala7.73.36.55.7-9.5%
Nicaragua1.70.60.70.8-22.2%
Panama1.10.40.70.5-23.1%
Poland2.2N/AN/AN/A0%
PeruN/AN/A0.5N/A0%
HondurasN/AN/A1.0N/A0%
Others0.40.2N/AN/A-50.0%
Total13.24.59.47.0-19.1%

Top Export Markets for Potassium Hydroxide from Costa Rica in 2022:

  1. Guatemala (4.2 tons)
  2. Nicaragua (1.0 tons)
  3. Panama (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potassium hydroxide 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 20132530 - Potassium hydroxide (caustic potash)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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