Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica - 2022

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica (CIF) - 2022
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica (FOB) - 2022
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica (CIF) - 2022

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,422 per ton, jumping by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,542 per ton), while the price for Brazil ($1,899 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica (FOB) - 2022

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $3,623 per ton, declining by -39.9% against the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth appeared the most rapid in 2020 an increase of 105% against the previous year. As a result, the export price reached the peak level of $6,808 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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 Panama ($6,778 per ton), while the average price for exports to Guatemala ($3,536 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 Panama (+17.2%), while the prices for the other major destinations experienced a decline.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica

In 2022, the amount of colouring matter; ultramarine and preparations based therea imported into Costa Rica dropped modestly to 44 tons, flattening at the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 increased by +44.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports reached the peak of 44 tons, and then contracted slightly in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea soared to $194K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 increased by +74.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia57.259.467.477.610.7%
Sweden16.19.622.230.523.7%
United States16.17.519.626.618.2%
Brazil4.07.013.419.369.0%
Mexico8.710.212.613.315.2%
Guatemala8.19.220.87.1-4.3%
Peru3.53.74.24.15.4%
Others0.94.24.215.2156.6%
Total11511116419419.0%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Costa Rica in 2022:

  1. Colombia (21.8 tons)
  2. Brazil (10.2 tons)
  3. Mexico (3.6 tons)
  4. Sweden (2.7 tons)
  5. United States (2.3 tons)
  6. Peru (2.0 tons)
  7. Guatemala (0.8 tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica

In 2022, shipments abroad of colouring matter; ultramarine and preparations based therea increased by 1,005% to 851 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic downturn.

In value terms, exports of colouring matter; ultramarine and preparations based therea surged to $3.1K in 2022. In general, exports, however, saw a sharp descent.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala4.10.90.42.9-10.9%
Nicaragua0.20.1N/A0.20.0%
Dominican Republic3.4N/AN/AN/A0%
Others0.10.1N/A0.10.0%
Total7.71.10.53.1-26.2%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Costa Rica in 2022:

  1. Guatemala (811.0 kg)
  2. Nicaragua (31.0 kg)

Source: IndexBox Market Intelligence Platform

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