Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $8,313 per ton in 2022, waning by -53.3% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 78% against the previous year. The import price peaked at $34,861 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($59,000 per ton), while the price for China ($4,847 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $7,753 per ton in 2022, growing by 79% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The export price peaked at $17,726 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($9,879 per ton), while the average price for exports to Panama ($4,556 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 Venezuela (+360.0%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into Costa Rica surged to 243 kg, growing by 111% on 2021 figures. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 311%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids fell modestly to $2K in 2022. Overall, imports continue to indicate resilient growth. The growth pace was the most rapid in 2021 when imports increased by 205%. As a result, imports reached the peak of $2K, and then declined slightly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China687128139664-1.1%
Mexico40118998057112.5%
Spain21511918.035418.1%
India11513151220020.3%
France91.029.014072.0-7.5%
United States10127.011152.0-19.9%
Others12548.0146107-5.1%
Total1,7356712,0462,0205.2%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Costa Rica in 2022:

  1. China (137.0 kg)
  2. Mexico (69.0 kg)
  3. Spain (18.0 kg)
  4. India (9.0 kg)
  5. France (4.0 kg)
  6. United States (4.0 kg)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica

In 2022, approx. 97 kg of acids; saturated acyclic monocarboxylic acids; esters of formic acids were exported from Costa Rica; picking up by 1,517% compared with the previous year's figure. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $752 in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11631525.057370.3%
VenezuelaN/AN/A1.013813700.0%
PanamaN/AN/AN/A41.00%
MexicoN/A15.0N/AN/A0%
Others4.0N/AN/AN/A0%
Total12033026.075284.4%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Costa Rica in 2022:

  1. China (58.0 kg)
  2. Venezuela (30.0 kg)
  3. Panama (9.0 kg)

Source: IndexBox Market Intelligence Platform

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