Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica (FOB) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica (CIF) - 2022
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $3,429 per ton, growing by 13% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 45%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($4,422 per ton), while the average price for exports to the United States ($2,919 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 Guatemala (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica (CIF) - 2022
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $3,949 per ton in 2022, reducing by -19.7% against the previous year. In general, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2013 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $6,565 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($8,311 per ton), while the price for Hong Kong SAR ($2,199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica
In 2022, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from Costa Rica declined to 3.7K tons, shrinking by -6.3% compared with 2021 figures. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2.1% against the previous year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium expanded remarkably to $13M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 3.7 | 2.6 | 2.9 | 3.2 | -4.7% |
| Panama | 7.8 | 2.1 | 2.5 | 2.8 | -28.9% |
| Nicaragua | 2.5 | 2.0 | 2.0 | 2.7 | 2.6% |
| Guatemala | 3.1 | 1.9 | 2.2 | 1.9 | -15.1% |
| El Salvador | 2.3 | 1.7 | 1.9 | 1.8 | -7.8% |
| United States | 0.3 | 0.4 | 0.4 | 0.2 | -12.6% |
| Chile | 1.0 | 0.1 | N/A | N/A | -90.0% |
| Others | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Total | 20.7 | 10.7 | 12.1 | 12.8 | -14.8% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Costa Rica in 2022:
- Honduras (1033.5 tons)
- Panama (836.9 tons)
- Nicaragua (826.3 tons)
- El Salvador (482.8 tons)
- Guatemala (421.1 tons)
- United States (66.9 tons)
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica
For the fourth year in a row, Costa Rica recorded growth in supplies from abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, which increased by 59% to 1.2K tons in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium skyrocketed to $4.9M in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 726 | 891 | 1,225 | 1,177 | 17.5% |
| United States | 561 | 443 | 742 | 995 | 21.0% |
| Thailand | N/A | N/A | N/A | 495 | 0% |
| Mexico | 301 | 309 | 402 | 446 | 14.0% |
| Germany | 247 | 277 | 325 | 349 | 12.2% |
| Spain | 278 | 346 | 349 | 338 | 6.7% |
| Colombia | 704 | 536 | 402 | 296 | -25.1% |
| El Salvador | 154 | 107 | 99.7 | 232 | 14.6% |
| Guatemala | 149 | 131 | 98.8 | 198 | 9.9% |
| Panama | 12.6 | 11.5 | N/A | 108 | 104.7% |
| Brazil | 326 | 139 | 56.4 | 88.1 | -35.3% |
| Hong Kong SAR | N/A | N/A | N/A | 46.2 | 0% |
| Others | 269 | 220 | 170 | 166 | -14.9% |
| Total | 3,728 | 3,410 | 3,871 | 4,934 | 9.8% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Costa Rica in 2022:
- China (453.7 tons)
- Thailand (204.3 tons)
- United States (184.4 tons)
- Mexico (66.5 tons)
- El Salvador (62.2 tons)
- Spain (50.9 tons)
- Guatemala (48.4 tons)
- Germany (48.1 tons)
- Colombia (45.5 tons)
- Panama (32.7 tons)
- Hong Kong SAR (21.0 tons)
- Brazil (10.6 tons)
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