Salicylic Acid Price in Costa Rica - 2022
Contents:
Salicylic Acid Price in Costa Rica (CIF) - 2022
The average salicylic acid import price stood at $2,744 per ton in 2022, dropping by -26.3% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 173% against the previous year. As a result, import price reached the peak level of $8,910 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 ($10,281 per ton), while the price for China stood at $2,529 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+4.3%), while the prices for the other major suppliers experienced a decline.
Salicylic Acid Imports in Costa Rica
For the fourth consecutive year, Costa Rica recorded growth in purchases abroad of salicylic acid and its salts, which increased by 317% to 24 tons in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 515%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, salicylic acid imports soared to $67K in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 227% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Salicylic Acid in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.7 | 8.0 | 12.0 | 60.3 | 341.6% |
| United States | 0.1 | 1.0 | 0.3 | 4.0 | 242.0% |
| Others | 6.5 | 14.6 | 9.4 | 2.4 | -28.3% |
| Total | 7.2 | 23.7 | 21.7 | 66.6 | 109.9% |
Top Suppliers of Salicylic Acid to Costa Rica in 2022:
- China (23.8 tons)
- United States (0.4 tons)
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