Costa Rica - Saturated Acyclic Monocarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Market for Saturated Acyclic Monocarboxylic Acids 2024
Market Size for Saturated Acyclic Monocarboxylic Acids in Costa Rica
The Costa Rican saturated acyclic monocarboxylic acids market rose notably to $X in 2023, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.
Production of Saturated Acyclic Monocarboxylic Acids in Costa Rica
In value terms, saturated acyclic monocarboxylic acids production amounted to $X in 2023 estimated in export price. In general, production enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Saturated acyclic monocarboxylic acids production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Exports of Saturated Acyclic Monocarboxylic Acids
Exports from Costa Rica
In 2023, shipments abroad of saturated acyclic monocarboxylic acids increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. Over the period under review, exports posted a slight expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
In value terms, saturated acyclic monocarboxylic acids exports dropped to $X in 2023. In general, total exports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
Exports by Country
Panama (X tons) was the main destination for saturated acyclic monocarboxylic acids exports from Costa Rica, with a X% share of total exports. Moreover, saturated acyclic monocarboxylic acids exports to Panama exceeded the volume sent to the second major destination, Honduras (X tons), threefold. The third position in this ranking was held by Nicaragua (X tons), with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Nicaragua (X% per year).
In value terms, Panama ($X) remains the key foreign market for saturated acyclic monocarboxylic acids exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports. It was followed by Nicaragua, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Nicaragua (X% per year).
Export Prices by Country
In 2023, the average saturated acyclic monocarboxylic acids export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, saturated acyclic monocarboxylic acids export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2022, and then contracted in the following year.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Saturated Acyclic Monocarboxylic Acids
Imports into Costa Rica
In 2023, after two years of decline, there was significant growth in supplies from abroad of saturated acyclic monocarboxylic acids, when their volume increased by X% to X tons. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, saturated acyclic monocarboxylic acids imports amounted to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2021; afterwards, it flattened through to 2023.
Imports by Country
China (X tons), the United States (X tons) and South Korea (X tons) were the main suppliers of saturated acyclic monocarboxylic acids imports to Costa Rica, together accounting for X% of total imports. The Netherlands, the UK, Belgium, Russia, Brazil, Colombia, Turkey, Mexico, Germany and India lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest saturated acyclic monocarboxylic acids suppliers to Costa Rica were China ($X), the United States ($X) and the Netherlands ($X), together accounting for X% of total imports. South Korea, the UK, Belgium, Russia, Colombia, Mexico, Germany, Brazil, India and Turkey lagged somewhat behind, together accounting for a further X%.
Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average saturated acyclic monocarboxylic acids import price amounted to $X per ton, shrinking by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2022, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids 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 20143215 - Ethyl acetate
- Prodcom 20143219 - Esters of acetic acid (excluding ethyl acetate)
- Prodcom 20143220 - Mono-, di- or tri-chloroacetic acids, propionic, butanoic and pentanoic acids, their salts and esters
- Prodcom 20143230 -
- Prodcom 20143240 -
- Prodcom 20143250 - Formic acid, its salts and esters
- Prodcom 20143271 - Acetic acid
- Prodcom 20143278 - Salts of acetic acid
- Prodcom 20143280 - Lauric acid and others, salts and esters
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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