Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica - 2022

Contents:

  1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica (CIF) - 2022
  2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica (FOB) - 2022
  3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica
  4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica (CIF) - 2022

The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,870 per ton in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2021 an increase of 49%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Mexico ($2,461 per ton), while the price for Saudi Arabia ($1,566 per ton) was amongst the lowest.

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

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica (FOB) - 2022

The average export price for polymers of propylene or of other olefins, in primary formses stood at $741 per ton in 2022, increasing by 4.1% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 24%. The export price peaked at $1,421 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Nicaragua ($1,174 per ton), while the average price for exports to Ecuador ($520 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 (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica

In 2022, after three years of growth, there was significant decline in overseas purchases of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -8.7% to 21K tons. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 7.3% against the previous year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses contracted to $39M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +39.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports reached the peak of $43M, and then shrank in the following year.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1.11.46.97.690.5%
United States8.710.46.47.0-7.0%
China0.90.85.36.189.2%
Colombia8.86.99.25.8-13.0%
South Korea1.10.91.63.141.3%
Brazil0.80.41.22.342.2%
Germany1.31.12.91.79.4%
Taiwan (Chinese)1.00.10.90.8-7.2%
India0.91.00.70.7-8.0%
Mexico0.91.31.00.3-30.7%
Others2.83.86.53.79.7%
Total28.228.042.639.211.6%

Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Costa Rica in 2022:

  1. Saudi Arabia (4.9K tons)
  2. China (3.4K tons)
  3. United States (3.1K tons)
  4. Colombia (3.0K tons)
  5. South Korea (1.8K tons)
  6. Brazil (1.3K tons)
  7. Germany (0.8K tons)
  8. Taiwan (Chinese) (0.5K tons)
  9. India (0.4K tons)
  10. Mexico (0.1K tons)

Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica

In 2022, exports of polymers of propylene or of other olefins, in primary formses from Costa Rica soared to 2.3K tons, jumping by 15% on the previous year. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 88%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of polymers of propylene or of other olefins, in primary formses soared to $1.7M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador6.1118495497333.5%
Honduras0.8N/A334446723.0%
Colombia815278215375-22.8%
Ecuador23.0171280235117.0%
Nicaragua0.8N/A26.6139458.0%
Guatemala41233155.431.8-57.4%
Others46.90.235.22.8-60.9%
Total1,3058991,4401,7279.8%

Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Costa Rica in 2022:

  1. Colombia (688.0 tons)
  2. El Salvador (583.4 tons)
  3. Honduras (460.0 tons)
  4. Ecuador (451.5 tons)
  5. Nicaragua (118.1 tons)
  6. Guatemala (29.0 tons)

Source: IndexBox Market Intelligence Platform

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