Price for Wire of Other Alloy Steel in Costa Rica - 2022
Contents:
- Price for Wire of Other Alloy Steel in Costa Rica (CIF) - 2022
- Price for Wire of Other Alloy Steel in Costa Rica (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Costa Rica
- Exports of Wire of Other Alloy Steel in Costa Rica
Price for Wire of Other Alloy Steel in Costa Rica (CIF) - 2022
In 2022, the average import price for wire of other alloy steels amounted to $1,577 per ton, increasing by 53% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($3,530 per ton), while the price for China ($1,288 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Costa Rica (FOB) - 2022
In 2022, the average export price for wire of other alloy steels amounted to $1,268 per ton, falling by -11.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 85%. The export price peaked at $8,554 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Dominican Republic ($1,544 per ton) and Saint Lucia ($1,386 per ton), while the average price for exports to Mexico ($1,049 per ton) and Guatemala ($1,125 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wire of Other Alloy Steel in Costa Rica
In 2022, the amount of wire of other alloy steels imported into Costa Rica skyrocketed to 11K tons, with an increase of 150% compared with the previous year. Overall, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 181% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, wire of other alloy steel imports surged to $18M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wire of Other Alloy Steel in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | 1.8 | 4.1 | 7.1 | 160.9% |
| Belgium | N/A | N/A | N/A | 5.4 | 0% |
| China | 0.2 | 0.2 | 0.2 | 1.7 | 104.1% |
| Egypt | N/A | N/A | N/A | 1.2 | 0% |
| United States | 0.3 | 0.1 | 0.1 | 1.0 | 49.4% |
| Ecuador | N/A | N/A | N/A | 0.8 | 0% |
| Colombia | 0.4 | 1.1 | 0.1 | 0.4 | 0.0% |
| Others | 0.1 | 0.3 | 0.1 | 0.3 | 44.2% |
| Total | 1.5 | 3.5 | 4.7 | 17.8 | 128.1% |
Top Suppliers of Wire of Other Alloy Steel to Costa Rica in 2022:
- Turkey (4.7K tons)
- Belgium (3.3K tons)
- China (1.3K tons)
- Egypt (0.7K tons)
- Ecuador (0.6K tons)
- United States (0.3K tons)
- Colombia (0.3K tons)
Exports of Wire of Other Alloy Steel in Costa Rica
In 2022, the amount of wire of other alloy steels exported from Costa Rica soared to 1.2K tons, picking up by 47% compared with the previous year. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 241%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, wire of other alloy steel exports soared to $1.6M in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 212%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Wire of Other Alloy Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 19.4 | N/A | 370 | 552 | 205.3% |
| El Salvador | 11.2 | 9.4 | 19.2 | 267 | 187.8% |
| Nicaragua | 57.0 | 114 | 312 | 243 | 62.1% |
| Dominican Republic | 25.7 | 103 | 177 | 108 | 61.4% |
| Mexico | N/A | N/A | N/A | 103 | 0% |
| Panama | N/A | N/A | 334 | 88.5 | -73.5% |
| Saint Lucia | N/A | N/A | N/A | 83.0 | 0% |
| Trinidad and Tobago | N/A | N/A | N/A | 65.2 | 0% |
| Honduras | N/A | 162 | N/A | 7.3 | -78.8% |
| Others | 157 | 456 | N/A | 61.3 | -26.9% |
| Total | 270 | 845 | 1,212 | 1,579 | 80.2% |
Top Export Markets for Wire of Other Alloy Steel from Costa Rica in 2022:
- Guatemala (490.2 tons)
- El Salvador (195.6 tons)
- Nicaragua (176.9 tons)
- Mexico (98.3 tons)
- Panama (71.1 tons)
- Dominican Republic (70.2 tons)
- Saint Lucia (59.9 tons)
- Trinidad and Tobago (50.3 tons)
- Honduras (6.1 tons)
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