Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica
  4. Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica

Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $750 per ton, shrinking by -2.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 31%. The import price peaked at $769 per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($1,281 per ton), while the price for Trinidad and Tobago ($582 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica (FOB) - 2022

The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $761 per ton in 2022, declining by -10.2% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 27% against the previous year. The export price peaked at $1,728 per ton in 2012; however, from 2013 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 Sierra Leone ($1,627 per ton), while the average price for exports to Nicaragua ($271 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 (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica

In 2022, approx. 5.8K tons of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were imported into Costa Rica; waning by -40.8% compared with the previous year. Overall, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 442% against the previous year.

In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses contracted significantly to $4.3M in 2022. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 545%.

Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago3.70.73.82.2-15.9%
China1.20.20.71.20.0%
Turkey1.30.10.20.4-32.5%
Mexico1.10.10.30.3-35.2%
RussiaN/AN/A1.8N/A0%
Others0.30.10.70.2-12.6%
Total7.61.27.54.3-17.3%

Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Costa Rica in 2022:

  1. Trinidad and Tobago (3.9K tons)
  2. China (1.1K tons)
  3. Turkey (0.4K tons)
  4. Mexico (0.3K tons)

Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica

In 2022, overseas shipments of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were finally on the rise to reach 23 tons after two years of decline. Overall, exports, however, recorded a precipitous curtailment.

In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses reached $18K in 2022. Over the period under review, exports, however, faced a sharp curtailment.

Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama10015.716.113.1-49.2%
Sierra LeoneN/AN/AN/A3.70%
Nicaragua20.82.01.50.9-64.9%
OthersN/AN/AN/AN/A0%
Total12117.817.617.7-47.3%

Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Costa Rica in 2022:

  1. Panama (17.5 tons)
  2. Nicaragua (3.4 tons)
  3. Sierra Leone (2.3 tons)

Source: IndexBox Market Intelligence Platform

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