Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Costa Rica - 2022

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Costa Rica (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Costa Rica

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Costa Rica (CIF) - 2022

The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $11,827 per ton in 2022, with an increase of 28% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 179%. As a result, import price reached the peak level of $14,451 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($11,915 per ton), while the price for China totaled $9,467 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.9%), while the prices for the other major suppliers experienced a decline.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Costa Rica

Imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Costa Rica skyrocketed to 415 kg in 2022, picking up by 232% on the year before. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 472%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses skyrocketed to $4.9K in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.71.40.64.890.0%
ChinaN/A1.10.60.1-69.8%
OthersN/A0.3N/AN/A0%
Total0.72.81.24.991.3%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Costa Rica in 2022:

  1. India (400.0 kg)
  2. China (15.0 kg)

Source: IndexBox Market Intelligence Platform

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