Key Market Indicators
Costa Rica's aromatics import market is projected to decline from approximately $39,000 in 2023 to around $36,000 by 2028, averaging a 1.1% decrease annually. This downward trend continues a pattern observed since 1999, where demand has dropped by an average of 0.3% each year. On the export front, Costa Rica saw a dramatic surge in 2018, with exports skyrocketing to $70 from a mere $0.05 in 2017. This represents an astounding increase of nearly 132,000% year-over-year. However, this spike was short-lived, as the country's supply of aromatics has plummeted by 76.2% annually since 2018.
