Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica - 2022
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica (FOB) - 2022
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica (FOB) - 2022
The average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $372 per ton in 2022, with an increase of 13% against the previous year. Overall, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 57%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ecuador ($409 per ton) and Taiwan (Chinese) ($371 per ton), while the average price for exports to Thailand ($277 per ton) and Guatemala ($327 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 Pakistan (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica (CIF) - 2022
Costa Rica has no trade partners to describe.
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica
In 2022, overseas shipments of ferrous waste and scrap; remelting scrap ingots of iron or steels decreased by -15.3% to 109K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +36.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports reached the peak of 128K tons, and then shrank markedly in the following year.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels declined modestly to $40M in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 142% against the previous year. As a result, the exports attained the peak of $42M, and then fell in the following year.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | 2.3 | 7.8 | 14.0 | 146.7% |
| Taiwan (Chinese) | 5.5 | 7.2 | 13.5 | 13.5 | 34.9% |
| Guatemala | 3.9 | 1.7 | 7.3 | 4.8 | 7.2% |
| Thailand | 3.2 | 3.1 | 6.9 | 2.4 | -9.1% |
| South Korea | 5.2 | 1.1 | 2.7 | 1.9 | -28.5% |
| Pakistan | 0.1 | 1.0 | 1.1 | 1.4 | 141.0% |
| India | 0.1 | 0.3 | 1.1 | 1.4 | 141.0% |
| Others | 1.6 | 0.6 | 1.8 | 0.9 | -17.5% |
| Total | 19.6 | 17.4 | 42.2 | 40.4 | 27.3% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Costa Rica in 2022:
- Taiwan (Chinese) (36.5K tons)
- Ecuador (34.3K tons)
- Guatemala (14.8K tons)
- Thailand (8.5K tons)
- South Korea (5.2K tons)
- India (4.3K tons)
- Pakistan (3.8K tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica
After two years of decline, overseas purchases of ferrous waste and scrap; remelting scrap ingots of iron or steels increased by 1,581% to 27 tons in 2022. In general, imports, however, faced a dramatic slump.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels surged to $29K in 2022. Over the period under review, imports recorded a buoyant increase.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | N/A | N/A | N/A | 0% |
| Others | 18.5 | 58.7 | 0.3 | 29.5 | 16.8% |
| Total | 21.1 | 58.7 | 0.3 | 29.5 | 11.8% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Costa Rica in 2022:
170
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
170
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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