Price for Rosin and Resin Acids in Costa Rica - 2021

Contents:

  1. Price for Rosin and Resin Acids in Costa Rica (CIF) - 2022
  2. Price for Rosin and Resin Acids in Costa Rica (FOB) - 2022
  3. Imports of Rosin and Resin Acids in Costa Rica
  4. Exports of Rosin and Resin Acids in Costa Rica

Price for Rosin and Resin Acids in Costa Rica (CIF) - 2022

The average rosin and resin acids import price stood at $1,280 per ton in 2022, which is down by -14.9% against the previous year. Overall, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. Over the period under review, average import prices attained the maximum at $2,508 per ton in 2013; however, from 2014 to 2022, 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 ($2,713 per ton), while the price for Brazil ($986 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Rosin and Resin Acids in Costa Rica (FOB) - 2022

The average rosin and resin acids export price stood at $3,158 per ton in 2022, growing by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 12%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 +1.1% per year.

Imports of Rosin and Resin Acids in Costa Rica

After two years of decline, supplies from abroad of rosin and resin acidses increased by 27% to 117 tons in 2022. Overall, imports, however, recorded a abrupt descent.

In value terms, rosin and resin acids imports expanded sharply to $150K in 2022. Over the period under review, imports, however, saw a deep setback.

Import of Rosin and Resin Acids in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil34.737.818.591.738.3%
Honduras19479.586.547.1-37.6%
United States46.131.611.711.0-38.0%
Colombia10.06.111.9N/A9.1%
Others3.92.09.50.1-70.5%
Total289157138150-19.6%

Top Suppliers of Rosin and Resin Acids to Costa Rica in 2022:

  1. Brazil (93.0 tons)
  2. Honduras (20.0 tons)
  3. United States (4.0 tons)

Exports of Rosin and Resin Acids in Costa Rica

For the third year in a row, Costa Rica recorded decline in overseas shipments of rosin and resin acidses, which decreased by -99.7% to 19 kg in 2022. In general, exports faced a precipitous decrease. The smallest decline of -16.3% was in 2021.

In value terms, rosin and resin acids exports fell rapidly to $60 in 2022. Over the period under review, exports faced a precipitous decline. The smallest decline of -14.4% was in 2021.

Export of Rosin and Resin Acids in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States30.225.922.10.1-85.1%
OthersN/AN/AN/AN/A0%
Total30.225.922.10.1-85.1%

Top Export Markets for Rosin and Resin Acids from Costa Rica in 2022:

  1. United States (19.0 kg)

Source: IndexBox Market Intelligence Platform

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