Sulphides; of Sodium Price in Costa Rica - 2022

Contents:

  1. Sulphides; of Sodium Price in Costa Rica (CIF) - 2022
  2. Sulphides; of Sodium Price in Costa Rica (FOB) - 2022
  3. Sulphides; of Sodium Imports in Costa Rica
  4. Sulphides; of Sodium Exports in Costa Rica

Sulphides; of Sodium Price in Costa Rica (CIF) - 2022

In 2022, the average sulphides; of sodium import price amounted to $2,181 per ton, rising by 70% against the previous year. Overall, the import price showed a buoyant increase. As a result, import price reached the peak level and is likely to continue 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 Guatemala ($21,308 per ton), while the price for Mexico ($966 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphides; of Sodium Price in Costa Rica (FOB) - 2022

The average sulphides; of sodium export price stood at $1,370 per ton in 2022, surging by 3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +2.3% per year.

Sulphides; of Sodium Imports in Costa Rica

In 2022, purchases abroad of sulphides; of sodia decreased by -40.5% to 11 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 79%. As a result, imports reached the peak of 25 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphides; of sodium imports stood at $23K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Sulphides; of Sodium in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico7.511.810.69.27.0%
Guatemala0.80.95.08.2117.2%
Belgium4.87.46.14.90.7%
Others1.12.61.10.8-10.1%
Total14.222.622.823.017.4%

Top Suppliers of Sulphides; of Sodium to Costa Rica in 2022:

  1. Mexico (9.5 tons)
  2. Belgium (0.6 tons)
  3. Guatemala (0.4 tons)

Sulphides; of Sodium Exports in Costa Rica

Sulphides; of sodium exports from Costa Rica shrank to 1.8 tons in 2022, which is down by -14.3% compared with the year before. Over the period under review, exports showed a deep slump. The smallest decline of -14.2% was in 2021.

In value terms, sulphides; of sodium exports declined to $2.4K in 2022. In general, exports recorded a deep contraction. The smallest decline of -11.1% was in 2020.

Export of Sulphides; of Sodium in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua3.53.12.72.4-11.8%
OthersN/AN/AN/AN/A0%
Total3.53.12.72.4-11.8%

Top Export Markets for Sulphides; of Sodium from Costa Rica in 2022:

  1. Nicaragua (1.8 tons)

Source: IndexBox Market Intelligence Platform

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