Salts; Molybdates Price in Costa Rica - 2022

Salts; Molybdates Price in Costa Rica (CIF) - 2022

The average salts; molybdates import price stood at $22,069 per ton in 2022, with an increase of 25% against the previous year. Overall, the import price posted prominent growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 85% against the previous year. As a result, import price attained the peak level of $25,695 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($26,834 per ton), while the price for Mexico ($16,984 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Molybdates Price in Costa Rica (FOB) - 2022

The average salts; molybdates export price stood at $18,859 per ton in 2022, picking up by 20% against the previous year. In general, the export price, however, recorded a slight reduction. The export price peaked at $21,059 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($25,396 per ton), while the average price for exports to Nicaragua amounted to $3,068 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+2.6%), while the prices for the other major destinations experienced a decline.

Salts; Molybdates Imports in Costa Rica

Salts; molybdates imports into Costa Rica declined sharply to 7.3 tons in 2022, waning by -15.3% compared with 2021 figures. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 135% against the previous year.

In value terms, salts; molybdates imports reached $162K in 2022. Overall, imports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 when imports increased by 184%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Salts; Molybdates in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	83.3	18.4	94.8	76.8	-2.7%
Brazil	1.0	1.7	N/A	63.1	298.1%
United States	48.4	16.0	34.6	14.5	-33.1%
Mexico	5.1	0.7	1.7	4.3	-5.5%
Guatemala	12.5	7.1	10.4	N/A	-8.8%
Others	3.1	9.9	11.3	3.2	1.1%
Total	153	53.8	153	162	1.9%

Top Suppliers of Salts; Molybdates to Costa Rica in 2022:

China (3.5 tons)
Brazil (3.0 tons)
United States (0.5 tons)
Mexico (0.3 tons)

Salts; Molybdates Exports in Costa Rica

In 2022, approx. 707 kg of salts; molybdateses were exported from Costa Rica; with an increase of 1,119% on the previous year. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, salts; molybdates exports soared to $13K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.