Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica - 2022

Contents:

  1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica (CIF) - 2022
  2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica (FOB) - 2022
  3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica
  4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $5,371 per ton in 2022, with an increase of 31% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +56.4% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 37%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 ($7,025 per ton), while the price for Guatemala ($2,275 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,169 per ton, leveling off at the previous year. Over the period under review, the export price recorded pronounced growth. The pace of growth appeared the most rapid in 2017 an increase of 101% against the previous year. The export price peaked at $22,339 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 the United States ($89,885 per ton), while the average price for exports to El Salvador ($2,719 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 the United States (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica

In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into Costa Rica dropped modestly to 309 tons, remaining constant against the previous year's figure. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 31%.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $1.7M in 2022. Overall, imports, however, enjoyed a modest increase. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. 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 Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6315028821,13421.6%
United States864271299489-17.3%
Guatemala40.81.2N/A0.1-86.5%
Others44.236.784.733.3-9.0%
Total1,5808111,2661,6571.6%

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Costa Rica in 2022:

  1. China (236.6 tons)
  2. United States (69.7 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica

Exports of iron or steel cast fittings, other than of non-malleable cast ira from Costa Rica skyrocketed to 3.6 tons in 2022, jumping by 47% compared with the year before. Overall, exports, however, saw a dramatic decrease.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $19K in 2022. Over the period under review, exports, however, faced a dramatic shrinkage.

Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/AN/AN/A8.80%
United States1739.3N/A7.8-64.4%
Nicaragua11.65.412.41.8-46.3%
Others1.60.70.30.2-50.0%
Total18715.412.718.7-53.6%

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Costa Rica in 2022:

  1. El Salvador (3247.0 kg)
  2. Nicaragua (261.0 kg)
  3. United States (87.0 kg)

Source: IndexBox Market Intelligence Platform

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