Silver Ore Price in Costa Rica - 2022

Contents:

  1. Silver Ore Price in Costa Rica (CIF) - 2022
  2. Silver Ore Imports in Costa Rica

Silver Ore Price in Costa Rica (CIF) - 2022

In 2022, the average silver ore import price amounted to $154,295 per ton, dropping by -15.1% against the previous year. Overall, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 146% against the previous year. Over the period under review, average import prices reached the maximum at $215,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 UK amounted to +71.4% per year.

Silver Ore Imports in Costa Rica

In 2022, silver ore imports into Costa Rica soared to 129 kg, growing by 18% on the year before. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 4,200% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, silver ore imports amounted to $20K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 3,844%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Silver Ore in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.20.20.214.1313.1%
United KingdomN/A8.319.6N/A136.1%
OthersN/AN/AN/A5.80%
Total0.28.519.819.9363.4%

Top Suppliers of Silver Ore to Costa Rica in 2022:

  1. United States (80.0 kg)

Source: IndexBox Market Intelligence Platform

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