Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica - 2022
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica (CIF) - 2022
In 2022, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,843 per ton, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2021 an increase of 29%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,955 per ton), while the price for Hong Kong SAR ($3,605 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica (FOB) - 2022
The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,216 per ton in 2022, rising by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level 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 highest price was recorded for prices to Suriname ($5,726 per ton) and Guatemala ($5,616 per ton), while the average price for exports to El Salvador ($4,591 per ton) and the Dominican Republic ($4,691 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 the Dominican Republic (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica
Imports of aluminium; alloys, bars, rods and profiles, other than hollows into Costa Rica contracted to 3.3K tons in 2022, reducing by -13.9% on the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, imports attained the peak of 3.8K tons, and then declined in the following year.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows declined to $16M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, imports reached the peak of $16M, and then reduced modestly in the following year.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 4.6 | 10.2 | 11.4 | 26.7% |
| El Salvador | 1.2 | 0.9 | 1.4 | 1.6 | 10.1% |
| United States | 1.0 | 0.9 | 2.0 | 1.2 | 6.3% |
| Vietnam | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
| Mexico | 0.1 | 0.5 | 0.5 | 0.4 | 58.7% |
| Spain | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Hong Kong SAR | 0.1 | 0.7 | 1.4 | N/A | 274.2% |
| Others | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
| Total | 8.8 | 8.0 | 16.5 | 16.0 | 22.1% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Costa Rica in 2022:
- China (2703.5 tons)
- El Salvador (239.6 tons)
- United States (113.8 tons)
- Vietnam (102.2 tons)
- Spain (57.0 tons)
- Mexico (54.4 tons)
- Hong Kong SAR (0.5 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica
Exports of aluminium; alloys, bars, rods and profiles, other than hollows from Costa Rica rose to 2.7K tons in 2022, increasing by 2.6% on 2021. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.1% 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 +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $14M in 2022. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 3.0 | 2.7 | 3.8 | 4.1 | 11.0% |
| Honduras | 1.4 | 0.8 | 2.0 | 2.4 | 19.7% |
| Panama | 2.0 | 1.0 | 2.2 | 2.2 | 3.2% |
| El Salvador | 0.8 | 0.9 | 1.2 | 1.5 | 23.3% |
| Nicaragua | 0.9 | 0.3 | 0.9 | 1.3 | 13.0% |
| United States | N/A | 0.2 | 0.7 | 1.0 | 123.6% |
| Suriname | 0.3 | 0.2 | 0.2 | 0.5 | 18.6% |
| Others | 0.4 | 0.4 | 0.4 | 0.8 | 26.0% |
| Total | 8.8 | 6.6 | 11.4 | 13.9 | 16.5% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Costa Rica in 2022:
- Guatemala (722.3 tons)
- Honduras (464.0 tons)
- Panama (438.7 tons)
- El Salvador (321.2 tons)
- Nicaragua (277.1 tons)
- United States (192.1 tons)
- Suriname (79.1 tons)
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