Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica - 2022

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica (CIF) - 2022

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $7,522 per ton in 2022, jumping by 40% against the previous year. In general, the import price enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 92%. Over the period under review, average import prices reached the peak figure at $11,323 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,185 per ton), while the price for Panama ($3,127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica (FOB) - 2022

The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $1,975 per ton in 2022, which is down by -46.4% against the previous year. In general, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 107%. As a result, the export price attained the peak level of $13,198 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +8.3% per year.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica

Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Costa Rica surged to 111 tons in 2022, jumping by 65% against 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $837K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21632524256537.8%
United States71.542.258.224350.3%
ColombiaN/A2.44.610.6110.2%
Spain9.54.13.010.53.4%
Panama0.40.30.15.7142.4%
France40.536.233.4N/A-9.2%
Others25.918.521.51.8-58.9%
Total36442936383732.0%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Costa Rica in 2022:

  1. China (87.6 tons)
  2. United States (17.1 tons)
  3. Spain (2.1 tons)
  4. Colombia (1.9 tons)
  5. Panama (1.8 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, which increased by 112% to 4.3 tons in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 173% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses rose notably to $8.5K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 64% against the previous year. As a result, the exports reached the peak of $8.5K; afterwards, it flattened through to 2022.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/A0.12.17.0736.7%
Nicaragua0.20.60.4N/A41.4%
Dominican Republic0.32.11.3N/A108.2%
United States4.65.73.6N/A-11.5%
OthersN/AN/AN/A1.40%
Total5.28.57.58.517.8%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Costa Rica in 2022:

  1. Panama (4.3 tons)

Source: IndexBox Market Intelligence Platform

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