Price for Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica - 2022

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica

Price for Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica (CIF) - 2022

The average import price for chain; articulated link, roller, of iron or steel stood at $5,769 per ton in 2022, picking up by 20% against the previous year. Overall, the import price, however, saw a mild contraction. The import price peaked at $6,930 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,155 per ton), while the price for China ($3,895 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $13,142 per ton, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 when the average export price increased by 113%. As a result, the export price reached the peak level of $14,540 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($50,370 per ton), while the average price for exports to Nicaragua ($4,259 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 Guatemala (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica

In 2022, approx. 419 tons of chain; articulated link, roller, of iron or steel were imported into Costa Rica; standing approx. at the previous year. The total import volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $2.4M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Costa Rica in 2022:

1. China (315.2 tons)
2. United States (51.2 tons)
3. Taiwan (Chinese) (14.8 tons)
4. Brazil (6.6 tons)
5. Japan (2.4 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Costa Rica

In 2022, after three years of growth, there was significant decline in overseas shipments of chain; articulated link, roller, of iron or steel, when their volume decreased by -14.1% to 1.6 tons. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 16%.

In value terms, exports of chain; articulated link, roller, of iron or steel contracted to $21K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, the exports attained the peak of $24K, and then shrank in the following year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Costa Rica in 2022:

1. Nicaragua (1195.0 kg)
2. Guatemala (262.0 kg)
3. El Salvador (69.0 kg)
4. Panama (32.0 kg)

Source: IndexBox Market Intelligence Platform