Report Update Apr 1, 2024

Costa Rica - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends and Insights

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Costa Rica: Ammonia Market 2024

Ammonia Market Size in Costa Rica

The Costa Rican ammonia market soared to $X in 2022, rising by X% against the previous year. Overall, consumption showed significant growth. Ammonia consumption peaked in 2022 and is likely to see steady growth in the near future.

Ammonia Production in Costa Rica

In value terms, ammonia production amounted to $X in 2022 estimated in export price. In general, production recorded significant growth. The most prominent rate of growth was recorded in 2020 with a decrease of X%. Ammonia production peaked in 2022 and is likely to see gradual growth in the immediate term.

Ammonia Exports

Exports from Costa Rica

In 2019, overseas shipments of anhydrous ammonia increased by X% to X tons for the first time since 2016, thus ending a two-year declining trend. Overall, exports recorded buoyant growth. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

In value terms, ammonia exports skyrocketed to $X in 2019. Over the period under review, exports saw a significant increase. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X tons) was the main destination for ammonia exports from Costa Rica, with a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Panama totaled X%.

In value terms, Panama ($X) also remains the key foreign market for anhydrous ammonia exports from Costa Rica.

From 2012 to 2019, the average annual rate of growth in terms of value to Panama amounted to X%.

Export Prices by Country

In 2019, the average ammonia export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2019 and is likely to see gradual growth in the near future.

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

From 2012 to 2019, the rate of growth in terms of prices for Panama amounted to X% per year.

Ammonia Imports

Imports into Costa Rica

In 2022, approx. X tons of anhydrous ammonia were imported into Costa Rica; waning by X% on the previous year's figure. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, ammonia imports surged to $X in 2022. In general, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Guatemala (X tons), Trinidad and Tobago (X tons) and Mexico (X tons) were the main suppliers of ammonia imports to Costa Rica.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Guatemala (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Guatemala ($X), Mexico ($X) and Trinidad and Tobago ($X) constituted the largest ammonia suppliers to Costa Rica.

Among the main suppliers, Guatemala, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ammonia import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ammonia import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Trinidad and Tobago ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anhydrous ammonia in the world?

China remains the largest ammonia consuming country worldwide, accounting for 26% of total volume. Moreover, ammonia consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of anhydrous ammonia in the world?

The country with the largest volume of ammonia production was China, comprising approx. 25% of total volume. Moreover, ammonia production in China exceeded the figures recorded by the second-largest producer, Russia, twofold. The third position in this ranking was taken by the United States, with a 9% share.

What are the leading suppliers of anhydrous ammonia to Costa Rica?

In value terms, the largest ammonia suppliers to Costa Rica were Guatemala, Mexico and Trinidad and Tobago.

What are the leading importers of anhydrous ammonia from Costa Rica?

In value terms, Panama remains the key foreign market for anhydrous ammonia exports from Costa Rica.

What is the average export price for anhydrous ammonia in Costa Rica?

The average ammonia export price stood at $2,390 per ton in 2019, increasing by 35% against the previous year.

What is the average import price for anhydrous ammonia in Costa Rica?

In 2022, the average ammonia import price amounted to $1,732 per ton, with an increase of 45% against the previous year.

This report provides an in-depth analysis of the ammonia 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 20151075 - Anhydrous ammonia

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023