Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica - 2022

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica (CIF) - 2022
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica (FOB) - 2022
  3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica
  4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica (CIF) - 2022

In 2022, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,294 per ton, increasing by 3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 6.4% against the previous year. Over the period under review, average import prices hit record highs at $3,502 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($7,962 per ton), while the price for China ($3,022 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 (+8.4%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica (FOB) - 2022

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,691 per ton in 2022, growing by 42% against the previous year. Over the period under review, the export price showed mild growth. Over the period under review, the average export prices hit record highs at $4,781 per ton in 2014; however, from 2015 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 Nicaragua ($8,302 per ton), while the average price for exports to El Salvador ($3,017 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 (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica

Imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Costa Rica reduced remarkably to 1.7K tons in 2022, falling by -37.5% compared with the year before. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 119% against the previous year. As a result, imports reached the peak of 2.7K tons, and then shrank significantly in the following year.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms fell dramatically to $5.5M in 2022. In general, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 133% against the previous year. As a result, imports attained the peak of $8.5M, and then declined dramatically in the following year.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.32.24.54.222.2%
United States1.00.70.70.5-20.6%
Germany0.30.20.50.410.1%
Spain0.20.2N/AN/A0.0%
Venezuela0.1N/A2.4N/A389.9%
Others0.70.30.40.4-17.0%
Total4.63.78.55.56.1%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Costa Rica in 2022:

  1. China (1383.0 tons)
  2. Germany (135.3 tons)
  3. United States (58.4 tons)
  4. Spain (10.8 tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica

In 2022, shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms decreased by -82.2% to 71 tons, falling for the second year in a row after two years of growth. In general, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. As a result, the exports attained the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms shrank markedly to $334K in 2022. Overall, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 5.7% against the previous year. As a result, the exports reached the peak of $6.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2,5454,145690237-54.7%
Venezuela1,15721135.545.1-66.1%
Ecuador37817765.319.9-62.5%
Nicaragua10217623211.9-51.1%
Panama10677.71576.8-60.0%
Guatemala47515398.06.2-76.5%
El Salvador4544682.83.0-81.2%
United States3862016.30.2-92.0%
Colombia2706367.3N/A-83.6%
Others52.515.127.44.1-57.3%
Total5,9256,2601,321334-61.7%

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Costa Rica in 2022:

  1. Mexico (52.4 tons)
  2. Venezuela (8.9 tons)
  3. Ecuador (4.0 tons)
  4. Panama (1.8 tons)
  5. Nicaragua (1.4 tons)
  6. El Salvador (1.0 tons)
  7. Guatemala (0.8 tons)

Source: IndexBox Market Intelligence Platform

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