Price for Titanium; Waste and Scrap in Costa Rica - 2021

Contents:

  1. Price for Titanium; Waste and Scrap in Costa Rica (FOB) - 2022
  2. Exports of Titanium; Waste and Scrap in Costa Rica

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

The average titanium; waste and scrap export price stood at $6,968 per ton in 2022, increasing by 3.4% against the previous year. Over the last two-year period, it increased at an average annual rate of +13.8%. The pace of growth appeared the most rapid in 2021 an increase of 25%. The export price peaked in 2022 and is likely to continue growth in years to come.

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 Canada ($6,716 per ton), while the average price for exports to the United States amounted to $2,853 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+20.6%).

Exports of Titanium; Waste and Scrap in Costa Rica

For the third year in a row, Costa Rica recorded growth in shipments abroad of titanium; waste and scraps, which increased by 136% to 13 tons in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 219% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, titanium; waste and scrap exports skyrocketed to $94K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 299% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Titanium; Waste and Scrap in Costa Rica (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Canada4.637.167.9284.2%
United States0.81.30.80.0%
Spain4.2N/AN/A0%
OthersN/AN/A24.90%
Total9.638.393.6212.2%

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

  1. Canada (10.1 tons)
  2. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform

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