Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $2,043 per ton, dropping by -6.9% against the previous year. Over the period under review, the import price, however, saw a modest expansion. The growth pace was the most rapid in 2021 an increase of 119% against the previous year. As a result, import price attained the peak level of $2,195 per ton, and then declined 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 Brazil ($7,953 per ton), while the price for the Dominican Republic ($937 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica (FOB) - 2022

In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $326 per ton, declining by -88.5% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2015 when the average export price decreased by -13.3% against the previous year. The export price peaked at $2,832 per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($998 per ton), while the average price for exports to India totaled $206 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-6.8%).

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica

In 2022, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Costa Rica soared to 2.2K tons, with an increase of 27% compared with 2021. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern 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 iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $4.5M in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 133%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,3511,0002,1313,08431.7%
Mexico11.5107258423232.6%
Guatemala27.327.544.3365137.3%
Dominican Republic3432943573631.9%
Colombia35.640.966.711849.1%
El Salvador50.034.132.920.4-25.8%
China12366.45.85.0-65.6%
Others10442.586972.3-11.4%
Total2,0451,6123,7644,45029.6%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Costa Rica in 2022:

  1. South Korea (1323.2 tons)
  2. Dominican Republic (387.3 tons)
  3. Guatemala (219.1 tons)
  4. Mexico (158.9 tons)
  5. Colombia (43.6 tons)
  6. El Salvador (18.7 tons)
  7. China (2.9 tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica

Exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Costa Rica skyrocketed to 206 tons in 2022, with an increase of 41,076% against the previous year's figure. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $67K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Costa Rica (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
IndiaN/A36.00%
Panama0.830.33687.5%
Others0.60.833.3%
Total1.467.14692.9%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Costa Rica in 2022:

  1. India (174.8 tons)
  2. Panama (30.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, plated or coated with base metals (other than zinc) - Costa Rica