Costa Rica - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Costa Rica - 2021
Contents:
- Ammonium Nitrate Price in Costa Rica (CIF) - 2021
- Ammonium Nitrate Price in Costa Rica (FOB) - 2022
- Ammonium Nitrate Imports in Costa Rica
- Ammonium Nitrate Exports in Costa Rica
Ammonium Nitrate Price in Costa Rica (CIF) - 2021
In March 2020, the average ammonium nitrate import price amounted to $410 per ton, picking up by 6.6% against the previous month. Over the period under review, import price indicated significant growth from January 2020 to March 2020: its price increased at an average monthly rate of +31.9% over the last two months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2020 figures, ammonium nitrate import price increased by +74.0% against January 2020 indices. The most prominent rate of growth was recorded in February 2020 when the average import price increased by 63% m-o-m. Over the period under review, average import prices hit record highs in March 2020.
Average prices varied somewhat amongst the major supplying countries. In March 2020, the country with the highest price was Chile ($449 per ton), while the price for Russia stood at $324 per ton.
From January 2020 to March 2020, the most notable rate of growth in terms of prices was attained by Russia (+17.4%).
Ammonium Nitrate Price in Costa Rica (FOB) - 2022
The average ammonium nitrate export price stood at $896 per ton in 2022, surging by 94% against the previous year. Overall, the export price showed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($899 per ton), while the average price for exports to Panama ($871 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 (+53.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ammonium Nitrate Imports in Costa Rica
In 2022, after two years of decline, there was significant growth in overseas purchases of ammonium nitrate, when their volume increased by 169% to 127K tons. In general, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ammonium nitrate imports skyrocketed to $40M in 2022. Over the period under review, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonium Nitrate in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 19.0 | 17.4 | 10.2 | 21.9 | 4.8% |
| United States | 1.1 | N/A | N/A | 9.5 | 105.2% |
| Chile | 4.5 | 1.9 | 1.3 | 4.2 | -2.3% |
| Lithuania | 1.9 | N/A | N/A | 3.5 | 22.6% |
| Others | 2.2 | 1.0 | 0.2 | 0.7 | -31.7% |
| Total | 28.8 | 20.3 | 11.7 | 39.7 | 11.3% |
Top Suppliers of Ammonium Nitrate to Costa Rica in 2022:
- Russia (92.7K tons)
- United States (19.4K tons)
- Chile (10.1K tons)
- Lithuania (4.4K tons)
Ammonium Nitrate Exports in Costa Rica
In 2022, approx. 847 tons of ammonium nitrate were exported from Costa Rica; which is down by -45.8% on the previous year. Over the period under review, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 0.5% against the previous year.
In value terms, ammonium nitrate exports expanded slightly to $759K in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 37%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Ammonium Nitrate in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 347 | 57.4 | 110 | 648 | 23.1% |
| Panama | 326 | 469 | 612 | 88.2 | -35.3% |
| United States | N/A | N/A | N/A | 22.5 | 0% |
| Others | 2.0 | 0.6 | 0.9 | N/A | -32.9% |
| Total | 675 | 527 | 723 | 759 | 4.0% |
Top Export Markets for Ammonium Nitrate from Costa Rica in 2022:
- Nicaragua (720.8 tons)
- Panama (101.3 tons)
- United States (25.0 tons)
This report provides an in-depth analysis of the ammonium nitrate 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:
- FCL 4003 - Ammonium nitrate (AN)
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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