Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Costa Rica - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Costa Rica (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Costa Rica
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Costa Rica (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,834 per ton in 2022, dropping by -2% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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; saturated acyclic monocarboxylic acids; vinyl acetates increased by +72.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 66% against the previous year. Over the period under review, average import prices attained the maximum at $1,929 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 China ($2,798 per ton), while the price for the United States ($912 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+67.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Costa Rica
In 2022, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates into Costa Rica surged to 1.5K tons, growing by 52% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates surged to $2.8M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 50%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 169 | 316 | 527 | 1,335 | 99.2% |
| United States | 459 | 544 | 73.3 | 691 | 14.6% |
| Saudi Arabia | N/A | 36.2 | 145 | 270 | 173.1% |
| Russia | N/A | N/A | 192 | 231 | 20.3% |
| South Korea | N/A | 188 | 378 | 212 | 6.2% |
| Guatemala | 50.3 | 48.0 | 33.7 | N/A | -18.1% |
| Mexico | 290 | 328 | 272 | N/A | -3.2% |
| Others | 138 | 201 | 228 | 19.4 | -48.0% |
| Total | 1,107 | 1,662 | 1,849 | 2,759 | 35.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Costa Rica in 2022:
- United States (757.2 tons)
- China (477.4 tons)
- Saudi Arabia (101.0 tons)
- Russia (82.9 tons)
- South Korea (82.7 tons)
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