Price for Polyphenols; Resorcinol and Its Salts in Costa Rica - 2022

Contents:

  1. Price for Polyphenols; Resorcinol and Its Salts in Costa Rica (CIF) - 2022
  2. Imports of Polyphenols; Resorcinol and Its Salts in Costa Rica

Price for Polyphenols; Resorcinol and Its Salts in Costa Rica (CIF) - 2022

The average import price for polyphenols; resorcinol and its saltses stood at $9,037 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price showed a pronounced increase. The pace of growth appeared the most rapid in 2020 an increase of 54%. As a result, import price reached the peak level of $11,302 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,080 per ton), while the price for China stood at $9,019 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Polyphenols; Resorcinol and Its Salts in Costa Rica

In 2022, approx. 56 tons of polyphenols; resorcinol and its saltses were imported into Costa Rica; falling by -3.9% compared with the previous year. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.1% 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 +56.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 58 tons, and then fell slightly in the following year.

In value terms, polyphenols; resorcinol and its salts imports fell slightly to $508K in 2022. The total import value increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $522K, and then shrank in the following year.

Import of Polyphenols; Resorcinol and Its Salts in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A27648850535.3%
United States12513133.92.8-71.8%
Japan240N/A0.3N/A-96.5%
OthersN/A0.10.2N/A100.0%
Total36540752250811.6%

Top Suppliers of Polyphenols; Resorcinol and Its Salts to Costa Rica in 2022:

  1. China (56.0 tons)
  2. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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