Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica - 2022

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica (CIF) - 2022
  2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica (FOB) - 2022
  3. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica
  4. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $8,298 per ton in 2022, falling by -7.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2020 an increase of 29%. Over the period under review, average import prices reached the peak figure at $9,010 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($8,466 per ton), while the price for Colombia stood at $8,176 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica (FOB) - 2022

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,288 per ton in 2022, with a decrease of -9.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 46%. As a result, the export price reached the peak level of $2,115 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.1% per year.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica

In 2022, the amount of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses imported into Costa Rica skyrocketed to 17 tons, rising by 1,750% on 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $140K in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia12.145.44.379.687.4%
South KoreaN/AN/AN/A59.90%
Spain12.6N/AN/AN/A0%
United States1.76.53.9N/A51.5%
OthersN/AN/AN/AN/A0%
Total26.551.98.214074.2%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Costa Rica in 2022:

  1. Colombia (9.7 tons)
  2. South Korea (7.1 tons)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica

In 2022, after three years of growth, there was significant decline in overseas shipments of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume decreased by -24.3% to 1.1 tons. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 162% against the previous year.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses contracted remarkably to $1.4K in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 166%. As a result, the exports reached the peak of $2K, and then dropped rapidly in the following year.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.50.72.01.440.9%
OthersN/AN/AN/AN/A0%
Total0.50.72.01.440.9%

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Costa Rica in 2022:

  1. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Exploring the Top Import Markets for Pig Iron
Apr 18, 2024
Eye 130

Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.

Which Country Imports the Most Pig Iron and Spiegeleisen in the World?
May 28, 2018
Eye 2022

In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

Which Country Exports the Most Pig Iron and Spiegeleisen in the World?
May 28, 2018
Eye 943

In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

Exploring the Top Import Markets for Iron and Steel
Apr 3, 2024
Eye 154

Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.

Exploring the Top Import Markets for Pig Iron
Apr 18, 2024
Eye 130

Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.

Which Country Imports the Most Pig Iron and Spiegeleisen in the World?
May 28, 2018
Eye 2022

In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

Which Country Exports the Most Pig Iron and Spiegeleisen in the World?
May 28, 2018
Eye 943

In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

Exploring the Top Import Markets for Iron and Steel
Apr 3, 2024
Eye 154

Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.

Free Data: Iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary forms - Costa Rica