Dolomite Price in Costa Rica - 2022

Dolomite Price in Costa Rica (CIF) - 2022

The average dolomite import price stood at $167 per ton in 2022, surging by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2014 when the average import price increased by 23% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -0.3% per year.

Dolomite Price in Costa Rica (FOB) - 2022

In 2022, the average dolomite export price amounted to $60 per ton, declining by -30.5% against the previous year. In general, the export price faced a significant curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 61% against the previous year. The export price peaked at $562 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +0.9% per year.

Dolomite Imports in Costa Rica

In 2022, after three years of growth, there was decline in supplies from abroad of dolomite, when their volume decreased by -0.7% to 34K tons. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.5% 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 +97.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 93%.

In value terms, dolomite imports surged to $5.7M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 120% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Dolomite in Costa Rica (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Guatemala	1.8	4.0	4.5	4.3	33.7%
Others	N/A	0.1	0.2	1.3	260.6%
Total	1.8	4.1	4.7	5.7	46.8%

Top Suppliers of Dolomite to Costa Rica in 2022:

Guatemala (39.5K tons)

Dolomite Exports in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in overseas shipments of dolomite, which increased by 18% to 417 tons in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, dolomite exports plummeted to $25K in 2022. In general, exports, however, showed a abrupt contraction. The smallest decline of -18% was in 2020.