Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $7,123 per ton in 2022, waning by -12.5% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel; non-threaded cotters and cotter-pinses increased by +12.4% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 44% against the previous year. As a result, import price attained the peak level of $9,593 per ton. From 2020 to 2022, the average 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 Germany ($11,494 per ton), while the price for China ($3,291 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $22,576 per ton, rising by 72% against the previous year. Over the period under review, the export price continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2019 an increase of 187%. Over the period under review, the average export prices attained the peak figure at $25,181 per ton in 2015; however, from 2016 to 2022, the export prices stood 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 the United States ($27,080 per ton), while the average price for exports to Panama ($5,618 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 Nicaragua (+48.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica
For the fourth consecutive year, Costa Rica recorded growth in purchases abroad of iron or steel; non-threaded cotters and cotter-pinses, which increased by 433% to 272 tons in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses skyrocketed to $1.9M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 115 | 129 | 346 | 1,045 | 108.7% |
| China | 30.0 | 55.4 | 32.1 | 325 | 121.3% |
| Germany | 4.3 | 5.4 | 5.6 | 203 | 261.4% |
| Colombia | 0.5 | 20.6 | 23.3 | 83.8 | 451.3% |
| Others | 19.1 | 7.6 | 7.8 | 277 | 143.9% |
| Total | 169 | 218 | 415 | 1,934 | 125.3% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Costa Rica in 2022:
- United States (113.4 tons)
- China (98.8 tons)
- Colombia (22.9 tons)
- Germany (17.7 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Costa Rica fell significantly to 649 kg, declining by -45.1% against 2021 figures. Overall, exports saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses shrank to $15K in 2022. In general, exports showed a sharp downturn.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.7 | 15.1 | 7.5 | 12.6 | -30.0% |
| Nicaragua | 0.1 | 0.2 | 0.3 | 0.7 | 91.3% |
| Guatemala | 11.9 | 0.4 | 4.1 | 0.6 | -63.1% |
| Panama | 3.9 | 0.8 | 1.3 | 0.2 | -62.8% |
| Germany | 23.5 | N/A | 0.2 | N/A | -90.8% |
| United Arab Emirates | N/A | 5.6 | 1.3 | N/A | -76.8% |
| Others | 0.6 | 0.6 | 0.9 | 0.6 | 0.0% |
| Total | 76.6 | 22.8 | 15.5 | 14.7 | -42.3% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Costa Rica in 2022:
- United States (464.0 kg)
- Guatemala (83.0 kg)
- Nicaragua (43.0 kg)
- Panama (34.0 kg)
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