Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $405 per ton, which is down by -14.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 52%. As a result, the export price attained the peak level of $472 per ton, and then contracted in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($405 per ton), while the average price for exports to India stood at $404 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica (CIF) - 2022
The average import price for ferrous waste and scrap; of tinned iron or steels stood at $48 per ton in 2022, approximately reflecting the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2014 an increase of 804%. As a result, import price reached the peak level of $348 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($81 per ton), while the price for Canada amounted to $45 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (-8.8%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica
For the third consecutive year, Costa Rica recorded decline in overseas shipments of ferrous waste and scrap; of tinned iron or steels, which decreased by -61.1% to 168 tons in 2022. In general, exports saw a precipitous slump. The smallest decline of -32.7% was in 2021.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels dropped dramatically to $68K in 2022. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2.3%.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 98.6 | 36.8 | 35.9 | 38.0 | -27.2% |
| India | 11.8 | 7.0 | 6.2 | 29.9 | 36.3% |
| Ecuador | 141 | 103 | 111 | N/A | -11.3% |
| South Korea | 14.2 | 6.5 | 8.4 | N/A | -23.1% |
| Vietnam | 12.3 | 6.8 | 5.5 | N/A | -33.1% |
| Taiwan (Chinese) | 10.0 | 6.4 | 6.1 | N/A | -21.9% |
| Canada | 17.8 | 9.4 | 7.3 | N/A | -36.0% |
| Others | 35.6 | 23.2 | 23.1 | N/A | -19.4% |
| Total | 341 | 199 | 204 | 67.9 | -41.6% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Costa Rica in 2022:
- Pakistan (93.7 tons)
- India (74.0 tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica
In 2022, purchases abroad of ferrous waste and scrap; of tinned iron or steels increased by 0.5% to 135 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels stood at $6.5K in 2022. Overall, imports, however, showed a relatively flat trend pattern.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.9 | 5.8 | 5.7 | 5.6 | -1.7% |
| United States | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 6.5 | 6.5 | 6.5 | 0.0% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Costa Rica in 2022:
- Canada (124.0 tons)
- United States (11.0 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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