Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $351 per ton in 2022, jumping by 87% against the previous year. Over the period under review, the import price saw a measured increase. The pace of growth was the most pronounced in 2021 an increase of 147%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nicaragua ($2,982 per ton), while the price for the United States ($90 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $310 per ton, increasing by 53% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 74%. Over the period under review, the average export prices hit record highs at $413 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($813 per ton), while the average price for exports to Taiwan (Chinese) ($24 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 India (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s imported into Costa Rica fell sharply to 818 tons, which is down by -18.6% on the previous year. Overall, imports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. As a result, imports reached the peak of 1K tons, and then contracted remarkably in the following year.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s surged to $287K in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 108% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | 53.1 | 55.2 | 164 | 242 | 65.8% |
| Nicaragua | 49.1 | 28.7 | 21.0 | 37.7 | -8.4% |
| Panama | 5.4 | 5.4 | 3.5 | 5.7 | 1.8% |
| Others | 2.8 | 1.3 | 0.3 | 1.2 | -24.6% |
| Total | 110 | 90.7 | 189 | 287 | 37.7% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Costa Rica in 2022:
- Trinidad and Tobago (754.7 tons)
- Panama (37.8 tons)
- Nicaragua (12.6 tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Costa Rica declined markedly to 561 tons, dropping by -64.3% against 2021 figures. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 109%. As a result, the exports reached the peak of 1.6K tons, and then fell significantly in the following year.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s fell notably to $174K in 2022. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. As a result, the exports attained the peak of $319K, and then declined markedly in the following year.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 96.3 | 84.3 | 133 | 74.8 | -8.1% |
| Thailand | 98.0 | 57.6 | 91.9 | 49.4 | -20.4% |
| Guatemala | 16.7 | 18.9 | 50.1 | 27.6 | 18.2% |
| India | 17.7 | 9.4 | 13.8 | 6.8 | -27.3% |
| South Korea | 6.0 | 4.5 | 6.1 | 2.3 | -27.4% |
| Taiwan (Chinese) | 2.0 | 1.4 | 1.9 | 0.8 | -26.3% |
| Others | 28.8 | 13.4 | 22.1 | 12.6 | -24.1% |
| Total | 266 | 189 | 319 | 174 | -13.2% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Costa Rica in 2022:
- Ecuador (232.7 tons)
- Guatemala (136.5 tons)
- Thailand (113.3 tons)
- Taiwan (Chinese) (33.8 tons)
- South Korea (17.2 tons)
- India (12.6 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
258
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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