Price for Lubricating Preparations Not for the Treatment of Materials in Costa Rica - 2022
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Costa Rica (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Costa Rica (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Costa Rica
- Exports of Lubricating Preparations Not for the Treatment of Materials in Costa Rica
Price for Lubricating Preparations Not for the Treatment of Materials in Costa Rica (CIF) - 2022
In 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $5,416 per ton, rising by 24% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2018 an increase of 24%. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 Germany ($11,838 per ton), while the price for Lithuania ($2,573 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lubricating Preparations Not for the Treatment of Materials in Costa Rica (FOB) - 2022
In 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $2,881 per ton, rising by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2017 an increase of 21%. The export price peaked in 2022 and is expected to retain growth in years to come.
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 Honduras ($3,637 per ton), while the average price for exports to Trinidad and Tobago ($1,951 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 Honduras (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lubricating Preparations Not for the Treatment of Materials in Costa Rica
In 2022, the amount of lubricating preparations not for the treatment of materials imported into Costa Rica declined to 3.3K tons, dropping by -6.8% compared with 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 60%. As a result, imports attained the peak of 3.5K tons, and then dropped in the following year.
In value terms, imports of lubricating preparations not for the treatment of materials skyrocketed to $18M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +95.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. Over the period under review, imports of lubricating preparations not for treatment of materials attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Lubricating Preparations Not for the Treatment of Materials in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.9 | 6.0 | 8.4 | 9.0 | 0.4% |
| Spain | 0.8 | 0.3 | 1.0 | 1.9 | 33.4% |
| Mexico | 0.6 | 0.2 | 0.7 | 1.5 | 35.7% |
| Italy | 0.7 | 0.5 | 1.7 | 1.2 | 19.7% |
| Germany | 1.0 | 0.7 | 0.9 | 0.8 | -7.2% |
| Argentina | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
| Belgium | 0.3 | N/A | 0.3 | 0.5 | 18.6% |
| Lithuania | N/A | N/A | 0.5 | 0.4 | -20.0% |
| Guatemala | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
| Brazil | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.7 | 0.7 | 1.1 | 1.2 | 19.7% |
| Total | 13.8 | 9.0 | 15.3 | 17.7 | 8.7% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Costa Rica in 2022:
- United States (1362.7 tons)
- Spain (563.8 tons)
- Italy (253.0 tons)
- Mexico (231.6 tons)
- Lithuania (169.7 tons)
- Guatemala (122.1 tons)
- Argentina (118.8 tons)
- Belgium (99.5 tons)
- Germany (68.0 tons)
- Brazil (56.7 tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Costa Rica
In 2022, approx. 1.4K tons of lubricating preparations not for the treatment of materials were exported from Costa Rica; dropping by -21.6% against the previous year. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.
In value terms, exports of lubricating preparations not for the treatment of materials shrank to $4M in 2022. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.
| Export of Lubricating Preparations Not for the Treatment of Materials in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 2,395 | 1,966 | 1,894 | 1,508 | -14.3% |
| Honduras | 914 | 524 | 948 | 904 | -0.4% |
| Nicaragua | 524 | 428 | 531 | 507 | -1.1% |
| Panama | 753 | 241 | 345 | 446 | -16.0% |
| El Salvador | 482 | 288 | 400 | 336 | -11.3% |
| Cuba | N/A | N/A | N/A | 78.0 | 0% |
| Trinidad and Tobago | N/A | N/A | N/A | 42.8 | 0% |
| Others | 299 | 127 | 180 | 172 | -16.8% |
| Total | 5,365 | 3,574 | 4,297 | 3,993 | -9.4% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Costa Rica in 2022:
- Guatemala (474.6 tons)
- Honduras (248.6 tons)
- Nicaragua (248.5 tons)
- Panama (171.0 tons)
- El Salvador (145.6 tons)
- Cuba (22.4 tons)
- Trinidad and Tobago (21.9 tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Costa Rica.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
90
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Costa Rica.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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