Price for Ferrous Waste and Scrap; of Stainless Steel in Costa Rica - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Costa Rica (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in Costa Rica (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Costa Rica
- Imports of Ferrous Waste and Scrap; of Stainless Steel in Costa Rica
Price for Ferrous Waste and Scrap; of Stainless Steel in Costa Rica (FOB) - 2022
The average export price for ferrous waste and scrap; of stainless steels stood at $1,336 per ton in 2022, increasing by 18% against the previous year. Overall, the export price, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 20%. The export price peaked at $1,581 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,731 per ton), while the average price for exports to Hong Kong SAR ($317 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 Thailand (+3.3%), while the prices for the other major destinations experienced a decline.
Price for Ferrous Waste and Scrap; of Stainless Steel in Costa Rica (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of stainless steels amounted to $7,131 per ton, surging by 17% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 295%. As a result, import price reached the peak level of $7,483 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,844 per ton), while the price for Panama ($464 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Stainless Steel in Costa Rica
In 2022, approx. 1.4K tons of ferrous waste and scrap; of stainless steels were exported from Costa Rica; which is down by -14.1% compared with 2021. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 609%. As a result, the exports attained the peak of 1.6K tons, and then reduced in the following year.
In value terms, exports of ferrous waste and scrap; of stainless steels reached $1.9M in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 646% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Ferrous Waste and Scrap; of Stainless Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 185 | 40.9 | 452 | 765 | 60.5% |
| Thailand | 20.5 | 10.4 | 181 | 245 | 128.6% |
| Taiwan (Chinese) | 56.6 | 8.4 | 90.3 | 235 | 60.7% |
| United States | 165 | 43.2 | 343 | 198 | 6.3% |
| China | 44.2 | 25.5 | 103 | 196 | 64.3% |
| Netherlands | 170 | 33.3 | 365 | 76.7 | -23.3% |
| India | 48.8 | 56.9 | 158 | 67.7 | 11.5% |
| Hong Kong SAR | 11.7 | 6.3 | 24.1 | 42.9 | 54.2% |
| Others | 23.0 | 22.8 | 130 | 36.4 | 16.5% |
| Total | 725 | 248 | 1,846 | 1,864 | 37.0% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Costa Rica in 2022:
- Spain (442.1 tons)
- Thailand (188.0 tons)
- Taiwan (Chinese) (181.5 tons)
- China (153.6 tons)
- Hong Kong SAR (135.5 tons)
- United States (126.5 tons)
- Netherlands (63.1 tons)
- India (58.6 tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in Costa Rica
Imports of ferrous waste and scrap; of stainless steels into Costa Rica soared to 25 tons in 2022, jumping by 102% on the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 123% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of stainless steels surged to $181K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 224%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Ferrous Waste and Scrap; of Stainless Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.3 | 10.2 | 45.6 | 143 | 120.7% |
| United States | 19.7 | 12.8 | 30.7 | 38.6 | 25.1% |
| Panama | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Others | 0.2 | 0.3 | N/A | N/A | 50.0% |
| Total | 33.4 | 23.7 | 76.6 | 181 | 75.6% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Costa Rica in 2022:
- United Kingdom (16.1 tons)
- United States (8.8 tons)
- Panama (0.5 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
243
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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