Costa Rica - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSorbitol Price in Costa Rica - 2021
Contents:
- Sorbitol Price in Costa Rica (CIF) - 2022
- Sorbitol Price in Costa Rica (FOB) - 2022
- Sorbitol Imports in Costa Rica
- Sorbitol Exports in Costa Rica
Sorbitol Price in Costa Rica (CIF) - 2022
In 2022, the average sorbitol import price amounted to $634 per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2014 an increase of 12%. As a result, import price reached the peak level of $782 per ton. From 2015 to 2022, the average import prices remained at a 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 China ($1,069 per ton), while the price for India ($407 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-2.9%), while the prices for the other major suppliers experienced a decline.
Sorbitol Price in Costa Rica (FOB) - 2022
In 2022, the average sorbitol export price amounted to $926 per ton, with an increase of 2.9% against the previous year. Over the period under review, the export price recorded a mild expansion. The growth pace was the most rapid in 2014 an increase of 117% against the previous year. Over the period under review, the average export prices hit record highs at $3,672 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($3,587 per ton), while the average price for exports to El Salvador stood at $774 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+12.2%).
Sorbitol Imports in Costa Rica
Sorbitol imports into Costa Rica reduced markedly to 49 tons in 2022, dropping by -22.1% compared with the year before. In general, imports saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year.
In value terms, sorbitol imports contracted rapidly to $31K in 2022. Over the period under review, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 78%.
| Import of Sorbitol in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.1 | 3.5 | 8.6 | 9.5 | -16.1% |
| Turkey | 87.6 | 13.9 | 6.9 | 6.9 | -57.1% |
| India | 15.7 | 2.6 | 9.7 | 1.8 | -51.4% |
| Guatemala | 1.2 | 0.5 | 2.7 | 1.7 | 12.3% |
| China | 1.4 | 1.2 | 3.2 | 0.6 | -24.6% |
| El Salvador | 10.0 | N/A | N/A | N/A | 0% |
| Others | 3.9 | 0.5 | 8.2 | 10.3 | 38.2% |
| Total | 136 | 22.2 | 39.4 | 30.8 | -39.0% |
Top Suppliers of Sorbitol to Costa Rica in 2022:
- Turkey (15.9 tons)
- France (12.8 tons)
- India (4.5 tons)
- Guatemala (1.9 tons)
- China (0.5 tons)
Sorbitol Exports in Costa Rica
After three years of growth, overseas shipments of sorbitol (excluding d-glucitol) decreased by -24.5% to 5 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 504% against the previous year.
In value terms, sorbitol exports fell remarkably to $4.6K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 419%.
| Export of Sorbitol in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 0.5 | 2.7 | 5.2 | 3.7 | 94.9% |
| Guatemala | 0.1 | 0.3 | 0.2 | 0.5 | 71.0% |
| Others | N/A | 0.3 | 0.6 | 0.4 | 15.5% |
| Total | 0.6 | 3.3 | 5.9 | 4.6 | 97.2% |
Top Export Markets for Sorbitol from Costa Rica in 2022:
- El Salvador (4.8 tons)
- Guatemala (0.1 tons)
This report provides an in-depth analysis of the sorbitol market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595770 - Sorbitol (excluding D-glucitol)
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
21
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