Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $14,047 per ton, jumping by 20% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.1% 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 tubing; flexible, with or without fittings, of base metals increased by +76.6% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 the United States ($22,693 per ton), while the price for Colombia ($5,484 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $5,732 per ton in 2022, waning by -29.7% against the previous year. In general, the export price saw a pronounced slump. The growth pace was the most rapid in 2017 an increase of 297%. Over the period under review, the average export prices hit record highs at $11,194 per ton in 2015; however, from 2016 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 Guatemala ($150,500 per ton), while the average price for exports to Nicaragua ($2,695 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 Guatemala (+113.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica

In 2022, imports of tubing; flexible, with or without fittings, of base metals into Costa Rica dropped to 294 tons, with a decrease of -6.5% compared with 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. As a result, imports reached the peak of 314 tons, and then shrank in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals expanded significantly to $4.1M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 157%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Costa Rica in 2022:

1. China (123.6 tons)
2. United States (78.0 tons)
3. Mexico (70.3 tons)
4. Colombia (13.5 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Costa Rica

Exports of tubing; flexible, with or without fittings, of base metals from Costa Rica surged to 18 tons in 2022, increasing by 95% against the previous year. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 114% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of tubing; flexible, with or without fittings, of base metals soared to $103K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Costa Rica in 2022:

1. Nicaragua (10.3 tons)
2. Panama (4.5 tons)
3. United States (2.2 tons)
4. El Salvador (0.9 tons)

Source: IndexBox Market Intelligence Platform