Costa Rica: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Costa Rica

The Costa Rican skin organic surface-active products market expanded markedly to $X in 2022, with an increase of 7.5% against the previous year. Overall, consumption saw strong growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Organic Surface-Active Products For Washing The Skin in Costa Rica

In value terms, skin organic surface-active products production surged to $X in 2022 estimated in export price. In general, production posted prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 145%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Costa Rica

In 2022, after two years of growth, there was significant decline in overseas shipments of organic surface-active products for washing the skin, when their volume decreased by -19.8% to X tons. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 379%. The exports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, skin organic surface-active products exports contracted to $X in 2022. Overall, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 349% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

Nicaragua (X tons), Honduras (X tons) and Guatemala (X tons) were the main destinations of skin organic surface-active products exports from Costa Rica, together comprising 88% of total exports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of +42.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nicaragua ($X), Honduras ($X) and Guatemala ($X) constituted the largest markets for skin organic surface-active products exported from Costa Rica worldwide, together accounting for 71% of total exports. Panama and El Salvador lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, El Salvador, with a CAGR of +35.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average skin organic surface-active products export price amounted to $X per ton, with an increase of 7.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Nicaragua ($X 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 Panama (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Costa Rica

In 2022, overseas purchases of organic surface-active products for washing the skin decreased by -19.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of X tons, and then contracted rapidly in the following year.

In value terms, skin organic surface-active products imports contracted notably to $X in 2022. In general, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 52%. Imports peaked at $X in 2021, and then fell sharply in the following year.

Imports by Country

Mexico (X tons), China (X tons) and Spain (X tons) were the main suppliers of skin organic surface-active products imports to Costa Rica, with a combined 71% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +75.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest skin organic surface-active products suppliers to Costa Rica were Mexico ($X), Spain ($X) and the United States ($X), with a combined 56% share of total imports.

Spain, with a CAGR of +63.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average skin organic surface-active products import price stood at $X per ton in 2022, increasing by 4.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform