Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica (FOB) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica (CIF) - 2022
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica (FOB) - 2022
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $3,757 per ton in 2022, picking up by 22% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Guatemala ($4,422 per ton) and Honduras ($3,968 per ton), while the average price for exports to Panama ($3,472 per ton) and Nicaragua ($3,504 per ton) were 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 (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,536 per ton, rising by 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,163 per ton), while the price for El Salvador ($3,725 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica
In 2022, exports of paints and varnishes, based on polyesters, non-aqueous medium from Costa Rica amounted to 4.1K tons, approximately reflecting the previous year. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 6.2% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium skyrocketed to $15M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 +49.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 3.5 | 3.2 | 3.8 | 5.0 | 12.6% |
| Panama | 1.9 | 1.7 | 2.4 | 3.6 | 23.7% |
| Nicaragua | 2.5 | 2.4 | 2.8 | 3.3 | 9.7% |
| Guatemala | 1.6 | 1.5 | 1.7 | 1.9 | 5.9% |
| El Salvador | 0.6 | 0.6 | 0.7 | 0.8 | 10.1% |
| United States | 0.5 | 0.7 | 0.9 | 0.5 | 0.0% |
| Others | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Total | 10.6 | 10.3 | 12.5 | 15.4 | 13.3% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Costa Rica in 2022:
- Honduras (1272.0 tons)
- Panama (1024.2 tons)
- Nicaragua (944.7 tons)
- Guatemala (421.5 tons)
- El Salvador (216.0 tons)
- United States (121.3 tons)
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica
In 2022, approx. 2.4K tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Costa Rica; waning by -12.6% against the year before. In general, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 8.7% against the previous year. As a result, imports reached the peak of 2.7K tons, and then contracted in the following year.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium rose remarkably to $13M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 6.4 | 6.4 | 7.2 | 8.7 | 10.8% |
| El Salvador | 1.1 | 0.9 | 1.2 | 1.7 | 15.6% |
| United States | 1.3 | 1.4 | 1.5 | 1.6 | 7.2% |
| Netherlands | 0.5 | N/A | 0.7 | 0.5 | 0.0% |
| Colombia | 0.7 | 0.5 | 0.5 | N/A | -15.5% |
| Others | 0.4 | 0.3 | 0.7 | 0.3 | -9.1% |
| Total | 10.3 | 9.6 | 11.8 | 13.0 | 8.1% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Costa Rica in 2022:
- Mexico (1433.8 tons)
- El Salvador (466.3 tons)
- United States (298.6 tons)
- Netherlands (89.1 tons)
- Colombia (10.3 tons)
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