Price for Aluminium; Alloys, Hollow Profiles in Costa Rica - 2022

Contents:

  1. Price for Aluminium; Alloys, Hollow Profiles in Costa Rica (CIF) - 2022
  2. Price for Aluminium; Alloys, Hollow Profiles in Costa Rica (FOB) - 2022
  3. Imports of Aluminium; Alloys, Hollow Profiles in Costa Rica
  4. Exports of Aluminium; Alloys, Hollow Profiles in Costa Rica

Price for Aluminium; Alloys, Hollow Profiles in Costa Rica (CIF) - 2022

In 2022, the average aluminium; alloys, hollow profiles import price amounted to $5,080 per ton, surging by 37% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($8,923 per ton), while the price for China ($4,370 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Hollow Profiles in Costa Rica (FOB) - 2022

The average aluminium; alloys, hollow profiles export price stood at $3,731 per ton in 2022, surging by 11% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices hit record highs at $6,481 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($10,727 per ton), while the average price for exports to the United States ($3,682 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 Nicaragua (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Hollow Profiles in Costa Rica

After three years of growth, purchases abroad of aluminium; alloys, hollow profileses decreased by -47.5% to 1.1K tons in 2022. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of 2.1K tons, and then contracted dramatically in the following year.

In value terms, aluminium; alloys, hollow profiles imports contracted dramatically to $5.6M in 2022. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 107% against the previous year. As a result, imports attained the peak of $7.8M, and then reduced rapidly in the following year.

Import of Aluminium; Alloys, Hollow Profiles in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.02.35.23.722.8%
El Salvador0.70.60.91.116.3%
Mexico0.20.40.50.426.0%
Spain0.30.40.40.30.0%
Hong Kong SARN/A0.10.7N/A600.0%
Others0.20.10.20.1-20.6%
Total3.33.87.85.619.3%

Top Suppliers of Aluminium; Alloys, Hollow Profiles to Costa Rica in 2022:

  1. China (856.4 tons)
  2. El Salvador (164.7 tons)
  3. Mexico (45.5 tons)
  4. Spain (37.5 tons)

Exports of Aluminium; Alloys, Hollow Profiles in Costa Rica

After three years of growth, overseas shipments of aluminium; alloys, hollow profileses decreased by -46.9% to 55 tons in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 744% against the previous year. As a result, the exports attained the peak of 104 tons, and then contracted notably in the following year.

In value terms, aluminium; alloys, hollow profiles exports fell sharply to $206K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 658% against the previous year. As a result, the exports attained the peak of $348K, and then declined markedly in the following year.

Export of Aluminium; Alloys, Hollow Profiles in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.418.1181184152.7%
El SalvadorN/AN/A0.114.614500.0%
Panama14.417.755.72.7-42.8%
Dominican Republic8.74.465.7N/A174.8%
Mexico1.52.06.7N/A111.3%
Others4.33.839.05.26.5%
Total40.446.034820672.1%

Top Export Markets for Aluminium; Alloys, Hollow Profiles from Costa Rica in 2022:

  1. United States (49.9 tons)
  2. El Salvador (3.9 tons)
  3. Panama (0.7 tons)

Source: IndexBox Market Intelligence Platform

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