Price for Steel, Stainless; Angles, Shapes and Sections in Costa Rica - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Costa Rica (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Costa Rica (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Costa Rica
- Exports of Steel, Stainless; Angles, Shapes and Sections in Costa Rica
Price for Steel, Stainless; Angles, Shapes and Sections in Costa Rica (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $3,918 per ton, picking up by 23% against the previous year. Over the period under review, the import price saw modest growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 57%. Over the period under review, average import prices hit record highs at $5,726 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($24,932 per ton), while the price for China ($1,928 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Costa Rica (FOB) - 2022
The average export price for steel, stainless stood at $3,186 per ton in 2022, approximately mirroring the previous year. In general, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. As a result, the export price reached the peak level of $5,609 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($4,915 per ton), while the average price for exports to Nicaragua amounted to $3,086 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Angles, Shapes and Sections in Costa Rica
In 2022, supplies from abroad of steel, stainless decreased by -29% to 239 tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 126%. As a result, imports attained the peak of 381 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel, stainless dropped to $936K in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 67%.
| Import of Steel, Stainless; Angles, Shapes and Sections in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 252 | 471 | 572 | 467 | 22.8% |
| China | 69.9 | 271 | 254 | 218 | 46.1% |
| United States | 33.8 | 27.8 | 18.5 | 192 | 78.4% |
| Bulgaria | N/A | N/A | N/A | 42.2 | 0% |
| Taiwan (Chinese) | 5.3 | 13.3 | 18.9 | 4.0 | -9.0% |
| Spain | 112 | N/A | 11.0 | N/A | -68.7% |
| United Arab Emirates | N/A | N/A | 96.3 | N/A | 0% |
| Others | 16.7 | 36.1 | 99.8 | 12.1 | -10.2% |
| Total | 490 | 819 | 1,070 | 936 | 24.1% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Costa Rica in 2022:
- China (113.1 tons)
- India (104.9 tons)
- Bulgaria (10.6 tons)
- United States (7.7 tons)
- Taiwan (Chinese) (1.5 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Costa Rica
Exports of steel, stainless from Costa Rica soared to 47 tons in 2022, with an increase of 41% against the previous year's figure. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel, stainless surged to $150K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Steel, Stainless; Angles, Shapes and Sections in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 74.1 | 55.7 | 94.0 | 137 | 22.7% |
| Honduras | 0.2 | N/A | 2.5 | 11.1 | 281.4% |
| Others | 3.9 | 4.7 | 8.9 | 2.2 | -17.4% |
| Total | 78.2 | 60.4 | 105 | 150 | 24.2% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Costa Rica in 2022:
- Nicaragua (44.4 tons)
- Honduras (2.3 tons)
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