Price for Steel, Alloy; Semi-Finished Products in Costa Rica - 2022

Contents:

  1. Price for Steel, Alloy; Semi-Finished Products in Costa Rica (CIF) - 2022
  2. Price for Steel, Alloy; Semi-Finished Products in Costa Rica (FOB) - 2022
  3. Imports of Steel, Alloy; Semi-Finished Products in Costa Rica
  4. Exports of Steel, Alloy; Semi-Finished Products in Costa Rica

Price for Steel, Alloy; Semi-Finished Products in Costa Rica (CIF) - 2022

In 2022, the average steel, alloy; semi-finished products import price amounted to $3,184 per ton, declining by -25.2% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 16% against the previous year. The import price peaked at $12,361 per ton in 2012; however, from 2013 to 2022, 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 -12.8% per year.

Price for Steel, Alloy; Semi-Finished Products in Costa Rica (FOB) - 2022

The average steel, alloy; semi-finished products export price stood at $1,722 per ton in 2022, leveling off at the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 41%. As a result, the export price attained the peak level of $4,305 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($1,875 per ton), while the average price for exports to the United States ($1,714 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 (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Steel, Alloy; Semi-Finished Products in Costa Rica

In 2022, after three years of growth, there was significant decline in supplies from abroad of steel, alloy; semi-finished productses, when their volume decreased by -86.2% to 2 tons. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 192%. As a result, imports attained the peak of 15 tons, and then contracted rapidly in the following year.

In value terms, steel, alloy; semi-finished products imports dropped sharply to $6.5K in 2022. Over the period under review, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. As a result, imports attained the peak of $63K, and then reduced sharply in the following year.

Import of Steel, Alloy; Semi-Finished Products in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.114.946.06.5-10.6%
Ireland9.8N/AN/AN/A0%
Others5.618.716.9N/A73.7%
Total24.533.663.06.5-35.7%

Top Suppliers of Steel, Alloy; Semi-Finished Products to Costa Rica in 2022:

  1. United States (2.0 tons)

Exports of Steel, Alloy; Semi-Finished Products in Costa Rica

Steel, alloy; semi-finished products exports from Costa Rica dropped dramatically to 464 kg in 2022, waning by -40.7% compared with 2021 figures. In general, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 248% against the previous year.

In value terms, steel, alloy; semi-finished products exports dropped significantly to $799 in 2022. Overall, exports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 102%.

Export of Steel, Alloy; Semi-Finished Products in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala4,0426301,236748-43.0%
United States13.018.060.036.040.4%
Nicaragua95.015.041.015.0-46.0%
Others132N/AN/AN/A0%
Total4,2826631,337799-42.9%

Top Export Markets for Steel, Alloy; Semi-Finished Products from Costa Rica in 2022:

  1. Guatemala (435.0 kg)
  2. United States (21.0 kg)
  3. Nicaragua (8.0 kg)

Source: IndexBox Market Intelligence Platform

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