Price for Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica - 2021

Contents:

1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica (CIF) - 2022
2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica (FOB) - 2022
3. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica
4. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica

Price for Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $835 per ton, with an increase of 68% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $872 per ton in 2012; however, from 2013 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 Guatemala ($920 per ton), while the price for Colombia ($420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $4,167 per ton, which is down by -2% against the previous year. In general, the export price, however, posted significant growth. Over the period under review, the average export prices reached the maximum at $4,250 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($4,614 per ton), while the average price for exports to Honduras ($1,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica

In 2022, after three years of growth, there was significant decline in purchases abroad of fertilizers; mineral or chemical, phosphatics, when their volume decreased by -5.5% to 1.6K tons. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 97%. As a result, imports attained the peak of 1.7K tons, and then dropped in the following year.

In value terms, fertilizers; mineral or chemical, phosphatic imports soared to $1.3M in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Costa Rica in 2022:

1. Guatemala (982.4 tons)
2. Colombia (280.0 tons)
3. China (175.0 tons)
4. Peru (150.0 tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Costa Rica

After two years of decline, shipments abroad of fertilizers; mineral or chemical, phosphatics decreased by -49% to 102 kg in 2022. Over the period under review, exports recorded a dramatic decline.

In value terms, fertilizers; mineral or chemical, phosphatic exports reduced markedly to $425 in 2022. In general, exports saw a dramatic slump.

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Costa Rica in 2022:

1. Philippines (44.0 kg)
2. Dominican Republic (12.0 kg)
3. Honduras (1.0 kg)
4. Panama (1.0 kg)

Source: IndexBox Market Intelligence Platform