Price for Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica - 2022

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica (CIF) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica (FOB) - 2022
3. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica
4. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $710 per ton in 2022, picking up by 14% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40%. Over the period under review, average import prices hit record highs at $796 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($708 per ton), while the price for Trinidad and Tobago stood at $511 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.4%).

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica (FOB) - 2022

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $1,046 per ton, reducing by -6.7% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 227%. Over the period under review, the average export prices reached the peak figure at $10,097 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($13,738 per ton), while the average price for exports to the Dominican Republic amounted to $964 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+30.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica

In 2022, the amount of petroleum gases and other gaseous hydrocarbonses imported into Costa Rica rose modestly to 194K tons, picking up by 2.1% compared with 2021. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 177% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $138M in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 202%. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Costa Rica in 2022:

1. United States (189.5K tons)
2. Trinidad and Tobago (3.8K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Costa Rica

In 2022, the amount of petroleum gases and other gaseous hydrocarbonses exported from Costa Rica skyrocketed to 17 tons, surging by 40% against the year before. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 159% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $17K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 104%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Costa Rica in 2022:

1. Dominican Republic (16.5 tons)
2. Nicaragua (0.1 tons)

Source: IndexBox Market Intelligence Platform