Price for Poly(Lactic Acid); in Primary Forms in Costa Rica - 2021

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Costa Rica (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Costa Rica (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Costa Rica
  4. Exports of Poly(Lactic Acid); in Primary Forms in Costa Rica

Price for Poly(Lactic Acid); in Primary Forms in Costa Rica (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $3,420 per ton in 2022, dropping by -67.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 61%. The import price peaked at $15,186 per ton in 2018; however, from 2019 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 the United States ($66,000 per ton), while the price for Germany amounted to $3,393 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Poly(Lactic Acid); in Primary Forms in Costa Rica (FOB) - 2022

In 2022, the average export price for poly(lactic acid); in primary formses amounted to $4,595 per ton, stabilizing at the previous year. Overall, the export price recorded strong growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Jamaica.

From 2015 to 2022, the rate of growth in terms of prices for Jamaica amounted to +0.0% per year.

Imports of Poly(Lactic Acid); in Primary Forms in Costa Rica

After two years of decline, supplies from abroad of poly(lactic acid); in primary formses increased by 15% to 2.3 tons in 2022. Overall, imports, however, faced a sharp shrinkage.

In value terms, poly(lactic acid); in primary forms imports fell markedly to $7.9K in 2022. Over the period under review, imports, however, showed a sharp decrease. The smallest decline of -38.7% was in 2021.

Import of Poly(Lactic Acid); in Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.70.81.47.95.6%
United States33.324.914.50.1-85.6%
SpainN/A0.7N/AN/A0%
China7.83.91.0N/A-64.2%
Taiwan (Chinese)N/AN/A1.2N/A0%
Israel8.63.63.1N/A-40.0%
OthersN/A0.6N/AN/A0%
Total56.434.521.27.9-48.1%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Costa Rica in 2022:

  1. United States (undefined tons)
  2. Germany (2.3 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in overseas shipments of poly(lactic acid); in primary formses, which increased by 20% to 1 tons in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 78% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, poly(lactic acid); in primary forms exports skyrocketed to $4.7K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 160% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Poly(Lactic Acid); in Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JamaicaN/AN/A3.94.720.5%
GuatemalaN/A3.3N/AN/A0%
Malaysia1.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.33.33.94.753.5%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Costa Rica in 2022:

  1. Jamaica (1.0 tons)

Source: IndexBox Market Intelligence Platform

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