Costa Rica - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Costa Rica - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights

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Hot-Dipped Metal-Coated Sheet Price in Costa Rica - 2022

Contents:

  1. Hot-Dipped Metal-Coated Sheet Price in Costa Rica (CIF) - 2022
  2. Hot-Dipped Metal-Coated Sheet Price in Costa Rica (FOB) - 2022
  3. Hot-Dipped Metal-Coated Sheet Imports in Costa Rica
  4. Hot-Dipped Metal-Coated Sheet Exports in Costa Rica

Hot-Dipped Metal-Coated Sheet Price in Costa Rica (CIF) - 2022

The average hot-dipped metal-coated sheet import price stood at $1,207 per ton in 2022, jumping by 28% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet import price increased by +62.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Honduras ($1,351 per ton) and China ($1,212 per ton), while the price for the United States ($1,074 per ton) and Guatemala ($1,204 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Hot-Dipped Metal-Coated Sheet Price in Costa Rica (FOB) - 2022

In 2022, the average hot-dipped metal-coated sheet export price amounted to $1,436 per ton, surging by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2021 when the average export price increased by 28%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Dominican Republic ($1,615 per ton) and Guatemala ($1,572 per ton), while the average price for exports to Nicaragua ($1,320 per ton) and Honduras ($1,334 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports in Costa Rica

Hot-dipped metal-coated sheet imports into Costa Rica soared to 67K tons in 2022, jumping by 16% compared with 2021. The total import volume increased at an average annual rate of +10.2% over the period 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.

In value terms, hot-dipped metal-coated sheet imports surged to $81M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hot-Dipped Metal-Coated Sheet in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.631.147.072.234.6%
Guatemala5.52.22.24.2-8.6%
United States1.70.31.11.6-2.0%
Honduras2.01.72.50.9-23.4%
Others3.62.81.92.3-13.9%
Total42.438.154.781.224.2%

Top Suppliers of Hot-Dipped Metal-Coated Sheet to Costa Rica in 2022:

  1. China (59.6K tons)
  2. Guatemala (3.5K tons)
  3. United States (1.5K tons)
  4. Honduras (0.6K tons)

Hot-Dipped Metal-Coated Sheet Exports in Costa Rica

In 2022, after three years of growth, there was significant decline in overseas shipments of hot-dipped metal-coated sheet, when their volume decreased by -31.5% to 35K tons. In general, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56%. As a result, the exports reached the peak of 51K tons, and then contracted remarkably in the following year.

In value terms, hot-dipped metal-coated sheet exports dropped markedly to $50M in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, the exports reached the peak of $63M, and then fell dramatically in the following year.

Export of Hot-Dipped Metal-Coated Sheet in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala13.713.418.114.51.9%
Nicaragua6.28.613.010.218.1%
ColombiaN/AN/A7.38.719.2%
Honduras2.02.56.86.245.8%
El Salvador5.04.67.74.4-4.2%
United States3.52.17.33.3-1.9%
Dominican RepublicN/AN/A0.42.1425.0%
Others1.60.42.70.4-37.0%
Total32.031.663.249.715.8%

Top Export Markets for Hot-Dipped Metal-Coated Sheet from Costa Rica in 2022:

  1. Guatemala (9.2K tons)
  2. Nicaragua (7.7K tons)
  3. Colombia (6.0K tons)
  4. Honduras (4.7K tons)
  5. El Salvador (3.2K tons)
  6. United States (2.3K tons)
  7. Dominican Republic (1.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24105130 - Hot-dipped metal coated sheet and strip of a width . .600 mm

Country coverage:

  • Costa Rica

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Costa Rica
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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