Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica - 2022

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica (CIF) - 2022
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica (FOB) - 2022
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica (CIF) - 2022

In 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $959 per ton, picking up by 28% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $1,290 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,202 per ton), while the price for Spain ($580 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica (FOB) - 2022

In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $2,989 per ton, picking up by 9.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.4%. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($4,388 per ton), while the average price for exports to Nicaragua ($1,825 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 Guatemala (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica

In 2022, approx. 14K tons of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses were imported into Costa Rica; increasing by 12% against the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.1% 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 +77.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $14M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.22.32.63.213.3%
China1.31.52.22.727.6%
Spain0.40.81.42.481.7%
NetherlandsN/AN/A1.62.237.5%
Belgium0.20.10.20.965.1%
Guatemala0.10.10.20.681.7%
Colombia0.1N/A0.10.226.0%
Others0.90.81.31.415.9%
Total5.25.79.513.738.1%

Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Costa Rica in 2022:

  1. Spain (4.1K tons)
  2. United States (3.0K tons)
  3. China (2.4K tons)
  4. Netherlands (1.9K tons)
  5. Belgium (0.8K tons)
  6. Guatemala (0.6K tons)
  7. Colombia (0.4K tons)

Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica

After three years of growth, shipments abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -18.2% to 177 tons in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, the exports reached the peak of 217 tons, and then dropped rapidly in the following year.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses contracted to $530K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 110% against the previous year. As a result, the exports attained the peak of $591K, and then shrank in the following year.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama39.287.615218567.7%
El Salvador38.061.461.511042.5%
Honduras21.037.133.688.761.6%
Nicaragua3.829.149.744.3126.7%
Dominican Republic60.729.246.439.3-13.5%
Cuba12.526.361.435.641.7%
Guatemala6.54.11779.011.5%
Others30.77.39.717.5-17.1%
Total21228259153035.7%

Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Costa Rica in 2022:

  1. Panama (67.7 tons)
  2. El Salvador (29.8 tons)
  3. Nicaragua (24.3 tons)
  4. Honduras (23.0 tons)
  5. Dominican Republic (14.3 tons)
  6. Cuba (11.1 tons)
  7. Guatemala (2.0 tons)

Source: IndexBox Market Intelligence Platform

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