Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Costa Rica - 2022

Contents:

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

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Costa Rica (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $4,811 per ton, surging by 76% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +10.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 129% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Thailand ($6,333 per ton), while the price for Japan ($3,925 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+70.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Costa Rica (FOB) - 2022

The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,604 per ton in 2022, falling by -1.8% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2020 an increase of 197% against the previous year. Over the period under review, the average export prices hit record highs at $34,960 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.2% per year.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Costa Rica

In 2022, approx. 27 tons of propylene, other olefin polymers; polyisobutylene in primary formses were imported into Costa Rica; surging by 90% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 487% against the previous year. As a result, imports reached the peak of 33 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $128K in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 517% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.842.516.272.494.8%
Thailand2.834.811.425.1107.7%
SpainN/AN/A3.825.1560.5%
Japan0.74.71.75.193.9%
China2.312.83.8N/A28.5%
Sweden0.84.11.0N/A11.8%
Others0.13.00.2N/A41.4%
Total16.510238.212898.0%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Costa Rica in 2022:

  1. United States (17.3 tons)
  2. Spain (4.0 tons)
  3. Thailand (4.0 tons)
  4. Japan (1.3 tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Costa Rica

In 2022, approx. 225 kg of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Costa Rica; which is down by -12.5% against the year before. Over the period under review, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses fell to $811 in 2022. Overall, exports continue to indicate a deep reduction. The smallest decline of -13.9% was in 2021.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4591,09594381120.9%
Honduras814N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,2731,095943811-14.0%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Costa Rica in 2022:

  1. United States (225.0 kg)

Source: IndexBox Market Intelligence Platform

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