Price for Steel Alloy Wire of Silico-Manganese Steel in Costa Rica - 2022
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Costa Rica (CIF) - 2022
- Price for Steel Alloy Wire of Silico-Manganese Steel in Costa Rica (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Costa Rica
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Costa Rica
Price for Steel Alloy Wire of Silico-Manganese Steel in Costa Rica (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $1,405 per ton in 2022, approximately equating the previous year. Overall, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 11% against the previous year. The import price peaked at $2,060 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Panama ($11,227 per ton), while the price for China ($1,135 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+45.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Silico-Manganese Steel in Costa Rica (FOB) - 2022
In 2020, the average export price for steel alloy wire of silico-manganese steels amounted to $44,508 per ton, increasing by 49% against the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 2,104% against the previous year. Over the period under review, the average export prices reached the peak figure in 2020 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2016 to 2020, the rate of growth in terms of prices for Malaysia amounted to +50.5% per year.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Costa Rica
In 2022, imports of steel alloy wire of silico-manganese steels into Costa Rica was estimated at 162 tons, stabilizing at the previous year's figure. In general, imports continue to indicate a significant increase. The smallest decline of -4.7% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of steel alloy wire of silico-manganese steels totaled $227K in 2022. Over the period under review, imports enjoyed significant growth. The smallest decline of less than 0.1% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.6 | 44.3 | N/A | 141 | 47.9% |
| Guatemala | 6.0 | 3.7 | N/A | 32.5 | 75.6% |
| Chile | 17.6 | 18.1 | N/A | 17.5 | -0.2% |
| United States | 5.2 | 5.8 | N/A | 10.3 | 25.6% |
| Netherlands | 3.4 | 2.2 | N/A | 9.0 | 38.3% |
| Mexico | 7.0 | 4.3 | N/A | 4.0 | -17.0% |
| Turkey | 2.8 | 5.7 | N/A | N/A | 103.6% |
| Others | 7.2 | 8.6 | N/A | 13.3 | 22.7% |
| Total | 92.9 | 92.8 | N/A | 227 | 34.7% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Costa Rica in 2022:
- China (124.0 tons)
- Guatemala (14.4 tons)
- Chile (11.9 tons)
- Netherlands (4.0 tons)
- United States (3.5 tons)
- Mexico (2.0 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Costa Rica
In 2022, overseas shipments of steel alloy wire of silico-manganese steels decreased by 0% to 4 tons, falling for the second year in a row after two years of growth. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 294%. As a result, the exports attained the peak of 8.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of steel alloy wire of silico-manganese steels totaled $179K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 487% against the previous year. As a result, the exports attained the peak of $359K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Malaysia | 60.3 | 358 | 493.7% | ||
| Others | 0.8 | 0.3 | -62.5% | ||
| Total | 61.1 | 359 | 487.6% | ||
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Costa Rica in 2022:
- Malaysia (8.0 tons)
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