Report Update: May 1, 2024

Costa Rica - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Parts Price in Costa Rica - 2022

Metal Chain Parts Price in Costa Rica (CIF) - 2022

The average metal chain parts import price stood at $10,572 per ton in 2022, rising by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2020 an increase of 29% against the previous year. The import price peaked at $11,058 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($25,373 per ton), while the price for China ($6,166 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Parts Price in Costa Rica (FOB) - 2022

The average metal chain parts export price stood at $6,438 per ton in 2022, with an increase of 88% against the previous year. Overall, the export price enjoyed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($93,600 per ton), while the average price for exports to Jamaica ($1,765 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 Argentina (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Imports in Costa Rica

For the third year in a row, Costa Rica recorded decline in supplies from abroad of parts of chains of iron or steel, which decreased by -32.1% to 10 tons in 2022. In general, imports continue to indicate a dramatic shrinkage. The smallest decline of -5.5% was in 2021.

In value terms, metal chain parts imports contracted rapidly to $110K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The smallest decline of -0.7% was in 2020.

Import of Metal Chain Parts in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	42.5	95.7	58.4	42.9	0.3%
Germany	11.4	2.8	5.2	26.6	32.6%
China	94.8	27.9	25.9	25.9	-35.1%
South Korea	1.5	1.2	7.0	4.0	38.7%
Mexico	2.1	1.2	1.8	2.6	7.4%
United Kingdom	0.1	0.2	1.9	2.0	171.4%
South Africa	N/A	22.5	N/A	N/A	0%
Others	20.6	20.3	39.3	6.5	-31.9%
Total	173	172	139	110	-14.0%

Top Suppliers of Metal Chain Parts to Costa Rica in 2022:

China (4.2 tons)
United States (3.6 tons)
Germany (1.7 tons)
Mexico (0.2 tons)
United Kingdom (0.2 tons)
South Korea (0.2 tons)

Metal Chain Parts Exports in Costa Rica

In 2022, shipments abroad of parts of chains of iron or steel was finally on the rise to reach 534 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous contraction.

In value terms, metal chain parts exports soared to $3.4K in 2022. Overall, exports, however, continue to indicate a deep contraction.

Export of Metal Chain Parts in Costa Rica (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Guatemala	N/A	N/A	N/A	2,340	0%
Nicaragua	67.0	1,356	115	608	108.6%
Jamaica	N/A	N/A	N/A	480	0%
Panama	3,187	N/A	N/A	10.0	-85.4%
Colombia	N/A	N/A	125	N/A	0%
United States	N/A	527	769	N/A	45.9%
Mexico	1,493	N/A	N/A	N/A	0%
Netherlands	1,146	N/A	N/A	N/A	0%
Others	638	N/A	N/A	N/A	0%
Total	6,531	1,883	1,009	3,438	-19.3%

Top Export Markets for Metal Chain Parts from Costa Rica in 2022:

Jamaica (272.0 kg)
Nicaragua (235.0 kg)
Guatemala (25.0 kg)
Panama (2.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain parts 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 25931780 - Parts of chains, n.e.c., of iron or steel

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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