Costa Rica - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Price in Costa Rica - 2022
Contents:
- Hydrogen Price in Costa Rica (CIF) - 2022
- Hydrogen Price in Costa Rica (FOB) - 2022
- Hydrogen Imports in Costa Rica
- Hydrogen Exports in Costa Rica
Hydrogen Price in Costa Rica (CIF) - 2022
The average hydrogen import price stood at $0.3 per cubic meter in 2022, growing by 14% against the previous year. Over the period under review, the import price showed prominent growth. The pace of growth appeared the most rapid in 2016 an increase of 153% against the previous year. As a result, import price attained the peak level of $0.3 per cubic meter. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Guatemala ($0.3 per cubic meter) and Germany ($0.3 per cubic meter), while the price for the United States ($0.2 per cubic meter) and Mexico ($0.3 per cubic meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Hydrogen Price in Costa Rica (FOB) - 2022
In 2022, the average hydrogen export price amounted to $0.5 per cubic meter, picking up by 124% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 158% against the previous year. As a result, the export price reached the peak level of $2.2 per cubic meter. From 2019 to 2022, the average 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 the United States amounted to +1.2% per year.
Hydrogen Imports in Costa Rica
For the third year in a row, Costa Rica recorded decline in overseas purchases of hydrogen, which decreased by -84.7% to 20K cubic meters in 2022. In general, imports showed a precipitous contraction. The smallest decline of -5.6% was in 2020. Imports peaked at 149K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, hydrogen imports fell markedly to $5.1K in 2022. Over the period under review, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Over the period under review, imports reached the peak figure at $29K in 2021, and then fell rapidly in the following year.
| Import of Hydrogen in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.0 | 5.8 | 9.9 | 2.9 | -16.6% |
| United States | 11.6 | 16.0 | 16.0 | 1.0 | -55.8% |
| Mexico | 0.8 | 1.0 | 1.6 | 0.6 | -9.1% |
| Guatemala | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Colombia | 0.9 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 1.1 | 1.7 | N/A | 191.5% |
| Total | 18.6 | 24.1 | 29.2 | 5.1 | -35.0% |
Top Suppliers of Hydrogen to Costa Rica in 2022:
- Germany (10.6K cubic meters)
- United States (4.7K cubic meters)
- Mexico (2.3K cubic meters)
- Guatemala (2.2K cubic meters)
Hydrogen Exports in Costa Rica
In 2022, after two years of decline, there was significant decline in shipments abroad of hydrogen, when their volume decreased by -77.6% to 1.6K cubic meters. In general, exports continue to indicate a dramatic setback. The exports peaked at 7.1K cubic meters in 2021, and then reduced remarkably in the following year.
In value terms, hydrogen exports fell significantly to $850 in 2022. Over the period under review, exports continue to indicate a precipitous setback. The exports peaked at $3.4K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Hydrogen in Costa Rica (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 807 | N/A | 548 | 850 | 1.7% |
| Dominican Republic | N/A | N/A | 813 | N/A | 0% |
| Guatemala | 46.0 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 339 | N/A | 0% |
| Honduras | 2,595 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,448 | N/A | 1,700 | 850 | -37.3% |
Top Export Markets for Hydrogen from Costa Rica in 2022:
- Panama (1.6K cubic meters)
This report provides an in-depth analysis of the hydrogen 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 20111150 - Hydrogen
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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