Price for Nickel; Waste and Scrap in Costa Rica - 2022

Contents:

1. Price for Nickel; Waste and Scrap in Costa Rica (FOB) - 2022
2. Price for Nickel; Waste and Scrap in Costa Rica (CIF) - 2022
3. Exports of Nickel; Waste and Scrap in Costa Rica
4. Imports of Nickel; Waste and Scrap in Costa Rica

Price for Nickel; Waste and Scrap in Costa Rica (FOB) - 2022

In 2022, the average nickel; waste and scrap export price amounted to $5,789 per ton, falling by -48.2% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 65% against the previous year. The export price peaked at $12,648 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,732 per ton), while the average price for exports to Thailand ($4,850 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 the United States (-4.8%), while the prices for the other major destinations experienced a decline.

Price for Nickel; Waste and Scrap in Costa Rica (CIF) - 2022

In 2022, the average nickel; waste and scrap import price amounted to $12,975 per ton, stabilizing at the previous year. Overall, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 74%. As a result, import price attained the peak level of $16,582 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, 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 +6.0% per year.

Exports of Nickel; Waste and Scrap in Costa Rica

After two years of decline, shipments abroad of nickel; waste and scraps increased by 375% to 21 tons in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; waste and scrap exports soared to $121K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Waste and Scrap from Costa Rica in 2022:

1. Thailand (13.8 tons)
2. Taiwan (Chinese) (5.3 tons)
3. United States (1.0 tons)
4. Canada (0.8 tons)

Imports of Nickel; Waste and Scrap in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in purchases abroad of nickel; waste and scraps, which increased by 0.6% to 517 kg in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, nickel; waste and scrap imports totaled $6.7K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Nickel; Waste and Scrap to Costa Rica in 2022:

1. United States (517.0 kg)

Source: IndexBox Market Intelligence Platform