Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica - 2022

Contents:

1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica (CIF) - 2022
2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica (FOB) - 2022
3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica
4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,309 per ton in 2022, rising by 19% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by +100.6% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 68% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($3,582 per ton), while the price for China ($1,772 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 (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $1,492 per ton in 2022, declining by -12.5% against the previous year. In general, the export price recorded a mild decline. The growth pace was the most rapid in 2021 an increase of 48%. The export price peaked at $1,861 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($1,502 per ton), while the average price for exports to Guatemala stood at $1,318 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica

In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -25.1% to 739 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 6.8% against the previous year. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates fell to $1.7M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. As a result, imports attained the peak of $1.9M, and then dropped in the following year.

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Costa Rica in 2022:

1. China (456.8 tons)
2. United States (191.7 tons)
3. Germany (39.3 tons)
4. Russia (31.6 tons)
5. Brazil (20.0 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Costa Rica

In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -96.7% to 857 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 498% against the previous year. As a result, the exports attained the peak of 41 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates reduced dramatically to $1.3K in 2022. In general, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2020 when exports increased by 380% against the previous year. As a result, the exports reached the peak of $47K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Costa Rica in 2022:

1. Nicaragua (813.0 kg)
2. Guatemala (44.0 kg)

Source: IndexBox Market Intelligence Platform