Costa Rica: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Costa Rica

The Costa Rican calcium carbonate market shrank modestly to $X in 2022, stabilizing at the previous year. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Calcium carbonate consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Calcium Carbonate Production in Costa Rica

In value terms, calcium carbonate production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Calcium carbonate production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Calcium Carbonate Exports

Exports from Costa Rica

Calcium carbonate exports from Costa Rica skyrocketed to X tons in 2022, increasing by X% against the previous year's figure. Over the period under review, exports, however, recorded a deep slump. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, calcium carbonate exports surged to $X in 2022. Overall, exports, however, showed a abrupt curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Nicaragua (X tons) was the main destination for calcium carbonate exports from Costa Rica, with a X% share of total exports. Moreover, calcium carbonate exports to Nicaragua exceeded the volume sent to the second major destination, Panama (X tons), more than tenfold. The third position in this ranking was held by Guatemala (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Nicaragua stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Guatemala (X% per year).

In value terms, Nicaragua ($X) remains the key foreign market for calcium carbonate exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Panama ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Nicaragua amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Guatemala (X% per year).

Export Prices by Country

In 2022, the average calcium carbonate export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, continues to indicate a measured expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (X%), while the prices for the other major destinations experienced mixed trend patterns.

Calcium Carbonate Imports

Imports into Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in supplies from abroad of calcium carbonate, which increased by X% to X tons in 2022. Over the period under review, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, calcium carbonate imports shrank to $X in 2022. Overall, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Dominican Republic (X tons) constituted the largest supplier of calcium carbonate to Costa Rica, with a X% share of total imports. Moreover, calcium carbonate imports from the Dominican Republic exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the Dominican Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and Spain (X% per year).

In value terms, the Dominican Republic ($X) constituted the largest supplier of calcium carbonate to Costa Rica, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with an X% share of total imports. It was followed by Guatemala, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Dominican Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Guatemala (X% per year).

Import Prices by Country

The average calcium carbonate import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood 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 ($X per ton), while the price for the Dominican Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :