Price for Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $446 per ton in 2022, rising by 35% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fertilizers; mineral or chemical, nitrogenous import price increased by +72.9% against 2020 indices. 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 ($1,011 per ton), while the price for Switzerland ($236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $871 per ton in 2022, growing by 76% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Ecuador ($1,106 per ton) and El Salvador ($1,047 per ton), while the average price for exports to Nicaragua ($843 per ton) and Panama ($860 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica
In 2022, supplies from abroad of fertilizers; mineral or chemical, nitrogenoi was finally on the rise to reach 301K tons after two years of decline. In general, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports surged to $134M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 35.1 | 30.4 | 23.4 | 67.2 | 24.2% |
| Algeria | 3.9 | N/A | N/A | 21.0 | 75.3% |
| United States | 3.7 | 1.0 | 0.2 | 18.0 | 69.4% |
| Lithuania | 1.9 | N/A | N/A | 9.1 | 68.6% |
| China | 5.6 | 9.3 | 8.0 | 5.0 | -3.7% |
| Chile | 4.5 | 1.9 | 1.8 | 4.7 | 1.5% |
| Switzerland | 1.3 | 1.1 | 0.1 | 3.0 | 32.1% |
| Trinidad and Tobago | 7.1 | 10.7 | 5.7 | N/A | -10.4% |
| Estonia | 0.8 | 4.5 | 0.9 | N/A | 6.1% |
| Others | 9.2 | 3.5 | 3.3 | 6.5 | -10.9% |
| Total | 73.1 | 62.5 | 43.4 | 134 | 22.4% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Costa Rica in 2022:
- Russia (209.3K tons)
- Algeria (21.5K tons)
- United States (17.8K tons)
- Switzerland (12.5K tons)
- Lithuania (10.6K tons)
- China (10.5K tons)
- Chile (8.8K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica
In 2022, after two years of decline, there was significant growth in overseas shipments of fertilizers; mineral or chemical, nitrogenoi, when their volume increased by 41% to 10K tons. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous exports surged to $9M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 2.2 | 2.2 | 2.4 | 5.4 | 34.9% |
| Nicaragua | 0.8 | 0.6 | 1.1 | 2.3 | 42.2% |
| Guatemala | 0.2 | N/A | 0.1 | 1.0 | 71.0% |
| Ecuador | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Total | 3.4 | 3.1 | 3.6 | 9.0 | 38.3% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Costa Rica in 2022:
- Panama (6.3K tons)
- Nicaragua (2.7K tons)
- Guatemala (1.0K tons)
- Ecuador (0.2K tons)
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