Costa Rica - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Processed Petroleum Oils and Distillates in Costa Rica - 2022
Contents:
- Price for Processed Petroleum Oils and Distillates in Costa Rica (CIF) - 2022
- Price for Processed Petroleum Oils and Distillates in Costa Rica (FOB) - 2022
- Imports of Processed Petroleum Oils and Distillates in Costa Rica
- Exports of Processed Petroleum Oils and Distillates in Costa Rica
Price for Processed Petroleum Oils and Distillates in Costa Rica (CIF) - 2022
The average import price for processed petroleum oils and distillates stood at $436 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price showed a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 29%. Over the period under review, average import prices hit record highs at $954 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,353 per ton), while the price for the United States stood at $430 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.3%).
Price for Processed Petroleum Oils and Distillates in Costa Rica (FOB) - 2022
In 2022, the average export price for processed petroleum oils and distillates amounted to $1,052 per ton, picking up by 1.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. As a result, the export price attained the peak level of $1,455 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,868 per ton), while the average price for exports to Panama ($781 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 the United States (+40.9%), while the prices for the other major destinations experienced a decline.
Imports of Processed Petroleum Oils and Distillates in Costa Rica
In 2022, the amount of processed petroleum oils and distillates imported into Costa Rica declined dramatically to 3.3M tons, with a decrease of -22.5% compared with the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.8% 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 +40.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 82%. As a result, imports attained the peak of 4.3M tons, and then dropped dramatically in the following year.
In value terms, processed petroleum oils and distillates imports shrank remarkably to $1.4B in 2022. Over the period under review, imports showed a slight curtailment. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of $1.9B, and then reduced rapidly in the following year.
| Import of Processed Petroleum Oils and Distillates in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,292 | 962 | 1,817 | 1,384 | 2.3% |
| Netherlands | 127 | 28.4 | 0.3 | 0.2 | -88.4% |
| Others | 74.3 | 37.8 | 52.5 | 64.9 | -4.4% |
| Total | 1,493 | 1,028 | 1,869 | 1,449 | -1.0% |
Top Suppliers of Processed Petroleum Oils and Distillates to Costa Rica in 2022:
- United States (3.2M tons)
Exports of Processed Petroleum Oils and Distillates in Costa Rica
In 2022, processed petroleum oils and distillates exports from Costa Rica shrank slightly to 1.5K tons, reducing by -2.8% compared with 2021. In general, exports recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 when exports increased by 5.9%.
In value terms, processed petroleum oils and distillates exports dropped slightly to $1.6M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 1.9% against the previous year.
| Export of Processed Petroleum Oils and Distillates in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 680 | 370 | 192 | 515 | -8.8% |
| Peru | 35.0 | 308 | 380 | 371 | 119.7% |
| Nicaragua | 447 | 473 | 357 | 252 | -17.4% |
| Honduras | 116 | 109 | 100 | 197 | 19.3% |
| Guatemala | 42.9 | 125 | 87.6 | 92.2 | 29.0% |
| Dominican Republic | 46.9 | 8.2 | 33.6 | 57.9 | 7.3% |
| United States | 145 | 97.2 | 42.4 | 8.1 | -61.8% |
| Greenland | N/A | N/A | 144 | N/A | 0% |
| Others | 159 | 121 | 305 | 132 | -6.0% |
| Total | 1,672 | 1,611 | 1,642 | 1,626 | -0.9% |
Top Export Markets for Processed Petroleum Oils and Distillates from Costa Rica in 2022:
- Panama (660.3 tons)
- Peru (317.1 tons)
- Nicaragua (251.2 tons)
- Honduras (136.8 tons)
- Dominican Republic (70.7 tons)
- Guatemala (38.1 tons)
- United States (1.0 tons)
This report provides an in-depth analysis of the market for processed petroleum oils and distillates 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:
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
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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
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