Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Costa Rica - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Costa Rica (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Costa Rica
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Costa Rica (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $2,554 per ton in 2022, picking up by 19% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses increased by +121.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 86% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($3,276 per ton), while the price for South Korea ($2,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.6%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Costa Rica
In 2022, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses into Costa Rica rose markedly to 392 tons, surging by 12% on the previous year's figure. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 379% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses skyrocketed to $1M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 307%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 76.1 | 362 | 543 | 677 | 107.2% |
| Mexico | 32.6 | 32.2 | 209 | 226 | 90.7% |
| Colombia | N/A | N/A | N/A | 97.7 | 0% |
| United States | N/A | 48.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 109 | 443 | 752 | 1,001 | 109.4% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Costa Rica in 2022:
- South Korea (283.6 tons)
- Mexico (69.1 tons)
- Colombia (39.2 tons)
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