Costa Rica - Phosphates Of Mono- Or Di-Sodium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

Costa Rica - Phosphates Of Mono- Or Di-Sodium - Market Analysis, Forecast, Size, Trends And Insights

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Sodium Phosphates Price in Costa Rica - 2022

Contents:

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

Sodium Phosphates Price in Costa Rica (CIF) - 2022

In 2022, the average sodium phosphates import price amounted to $5,422 per ton, reducing by -11.7% against the previous year. Overall, the import price continues to indicate a slight curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 102%. Over the period under review, average import prices attained the maximum at $6,155 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($25,451 per ton), while the price for China ($2,972 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Sodium Phosphates Price in Costa Rica (FOB) - 2022

The average sodium phosphates export price stood at $7,637 per ton in 2022, rising by 54% against the previous year. In general, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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 the Dominican Republic ($17,561 per ton), while the average price for exports to Guatemala ($4,649 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 Dominican Republic (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Phosphates Imports in Costa Rica

In 2022, overseas purchases of phosphates of mono- or di-sodium decreased by -15.6% to 22 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +61.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59% against the previous year.

In value terms, sodium phosphates imports shrank rapidly to $117K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 143%. As a result, imports attained the peak of $157K, and then contracted significantly in the following year.

Import of Sodium Phosphates in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico15.418.023.638.135.2%
United States11.126.153.231.842.0%
China0.20.414.917.0339.7%
Germany3.56.416.513.456.4%
Italy0.81.524.57.8113.6%
Spain1.03.76.22.942.6%
Others6.28.518.26.1-0.5%
Total38.264.615711745.2%

Top Suppliers of Sodium Phosphates to Costa Rica in 2022:

  1. Mexico (11.7 tons)
  2. China (5.7 tons)
  3. United States (1.9 tons)
  4. Italy (0.8 tons)
  5. Spain (0.6 tons)
  6. Germany (0.5 tons)

Sodium Phosphates Exports in Costa Rica

In 2022, the amount of phosphates of mono- or di-sodium exported from Costa Rica soared to 10 tons, with an increase of 143% compared with 2021 figures. Over the period under review, exports, however, recorded a slight reduction.

In value terms, sodium phosphates exports surged to $76K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sodium Phosphates in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic5.32.98.137.191.3%
Guatemala25.142.511.235.111.8%
Honduras0.81.40.51.831.0%
Others1.21.60.62.426.0%
Total32.448.320.476.433.1%

Top Export Markets for Sodium Phosphates from Costa Rica in 2022:

  1. Guatemala (7.6 tons)
  2. Dominican Republic (2.1 tons)
  3. Honduras (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sodium phosphates 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 20134230 - Phosphates of mono- or di-sodium

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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