Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica - 2022
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica (CIF) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $1,896,960 per ton, dropping by -16.1% against the previous year. In general, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 150%. The import price peaked at $2,260,221 per ton in 2021, and then shrank notably in the following year.
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 ($1,942,200 per ton), while the price for China ($600,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+50.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica (FOB) - 2022
The average export price for articles of precious metal or of metal clad with precious metal stood at $422,289 per ton in 2022, which is down by -13.5% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 550%. As a result, the export price attained the peak level of $931,000 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($575,118 per ton), while the average price for exports to Honduras amounted to $16,200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.6%), while the prices for the other major destinations experienced a decline.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica
In 2022, imports of articles of precious metal or of metal clad with precious metal into Costa Rica rose sharply to 9.6 tons, increasing by 9.9% against the previous year's figure. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of articles of precious metal or of metal clad with precious metal shrank to $18M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 73%.
Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.7 | 12.5 | 18.1 | 16.8 | 35.9% |
Germany | N/A | N/A | 0.3 | 0.4 | 33.3% |
China | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
Denmark | 0.4 | 0.4 | 0.4 | N/A | 0.0% |
Others | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
Total | 7.8 | 13.6 | 19.7 | 18.2 | 32.6% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Costa Rica in 2022:
- United States (8.7 tons)
- Germany (0.4 tons)
- China (0.3 tons)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica
In 2022, approx. 128 kg of articles of precious metal or of metal clad with precious metal were exported from Costa Rica; with a decrease of -88.7% against 2021 figures. Over the period under review, exports faced a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 412%. As a result, the exports reached the peak of 1.1 tons, and then declined remarkably in the following year.
In value terms, exports of articles of precious metal or of metal clad with precious metal dropped notably to $54K in 2022. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 501%. As a result, the exports reached the peak of $554K, and then declined significantly in the following year.
Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 90.8 | 91.9 | 538 | 53.5 | -16.2% |
Honduras | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
Guatemala | 3.6 | 0.1 | 0.5 | N/A | -62.7% |
Others | 5.4 | 0.3 | 15.8 | N/A | 71.1% |
Total | 99.9 | 92.3 | 554 | 54.1 | -18.5% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Costa Rica in 2022:
- United States (93.0 kg)
- Honduras (35.0 kg)
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