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

Contents:

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

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

The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,810 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price saw a temperate increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Peru ($2,220 per ton), while the price for Brazil ($996 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+15.0%), 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 Zinc in Costa Rica (FOB) - 2022

The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,282 per ton in 2022, standing approx. at the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. The export price peaked at $1,303 per ton in 2013; afterwards, it flattened through to 2022.

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 Honduras ($2,345 per ton), while the average price for exports to El Salvador ($711 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 Trinidad and Tobago (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third year in a row, Costa Rica recorded decline in overseas purchases of iron or non-alloy steel wire, plated or coated with zincs, which decreased by 0% to 4.1K tons in 2022. Over the period under review, imports saw a drastic downturn. The smallest decline of -55.1% was in 2020.

In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs totaled $7.4M in 2022. Overall, imports continue to indicate a prominent expansion. The smallest decline of -49.4% was in 2020. 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 Zinc in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico7141,377N/A4,33782.5%
Turkey0.364.1N/A1,5241619.0%
China479527N/A4840.3%
Italy18973.6N/A27513.3%
Dominican Republic14983.1N/A1530.9%
NicaraguaN/A24.1N/A112115.6%
Peru735N/AN/A12.2-74.5%
Brazil1,67786.5N/A0.1-96.1%
Others1,429485N/A475-30.7%
Total5,3742,720N/A7,37211.1%

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

  1. Mexico (2479.7 tons)
  2. Turkey (726.9 tons)
  3. China (325.4 tons)
  4. Italy (168.1 tons)
  5. Dominican Republic (143.3 tons)
  6. Nicaragua (74.4 tons)
  7. Peru (5.5 tons)
  8. Brazil (0.1 tons)

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

In 2022, exports of iron or non-alloy steel wire, plated or coated with zincs from Costa Rica amounted to 80 tons, flattening at 2021 figures. Overall, exports showed a precipitous descent. The smallest decline of -57.6% was in 2020.

In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs stood at $103K in 2022. Over the period under review, exports recorded a sharp slump. The smallest decline of -55.9% was in 2020.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua15215.0N/A34.9-38.8%
Guatemala9.322.2N/A31.049.4%
Dominican Republic25.118.4N/A19.4-8.2%
Honduras3.82.6N/A7.726.5%
El Salvador7.14.0N/A3.9-18.1%
Panama13.114.4N/A3.4-36.2%
CanadaN/A12.0N/A2.4-55.3%
Others0.14.2N/AN/A4100.0%
Total21192.8N/A103-21.3%

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

  1. Nicaragua (37.9 tons)
  2. Dominican Republic (17.1 tons)
  3. Guatemala (13.7 tons)
  4. El Salvador (5.4 tons)
  5. Honduras (3.3 tons)
  6. Panama (1.9 tons)
  7. Canada (0.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, plated or coated with zinc - Costa Rica