Price for Nickel; Wire, of Nickel Alloys in Costa Rica - 2022
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Costa Rica (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Costa Rica (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Costa Rica
- Exports of Nickel; Wire, of Nickel Alloys in Costa Rica
Price for Nickel; Wire, of Nickel Alloys in Costa Rica (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $81,095 per ton, dropping by -8.8% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, of nickel alloys import price decreased by -15.7% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 46%. The import price peaked at $127,383 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($84,753 per ton), while the price for Japan ($53,900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Wire, of Nickel Alloys in Costa Rica (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $68,977 per ton in 2022, picking up by 3.8% against the previous year. Over the period under review, the export price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2014 an increase of 9.8%. Over the period under review, the average export prices hit record highs at $106,328 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($69,411 per ton), while the average price for exports to China ($15,498 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 China (+4.2%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Wire, of Nickel Alloys in Costa Rica
Nickel; wire, of nickel alloys imports into Costa Rica contracted to 167 tons in 2022, which is down by -7.1% on 2021 figures. Overall, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.
In value terms, nickel; wire, of nickel alloys imports shrank rapidly to $14M in 2022. Over the period under review, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2020 when imports increased by 4%.
| Import of Nickel; Wire, of Nickel Alloys in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.1 | 14.5 | 14.2 | 10.8 | -8.5% |
| Japan | 0.3 | 0.5 | 1.2 | 1.8 | 81.7% |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
| Total | 14.8 | 15.4 | 16.0 | 13.5 | -3.0% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Costa Rica in 2022:
- United States (127.8 tons)
- Japan (33.7 tons)
- China (2.7 tons)
Exports of Nickel; Wire, of Nickel Alloys in Costa Rica
For the fourth consecutive year, Costa Rica recorded growth in shipments abroad of nickel; wire, of nickel alloyses, which increased by 24% to 72 tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, nickel; wire, of nickel alloys exports skyrocketed to $5M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Nickel; Wire, of Nickel Alloys in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 2.9 | 3.5 | 4.6 | 26.0% |
| Hong Kong SAR | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 2.3 | 3.0 | 3.9 | 5.0 | 29.5% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Costa Rica in 2022:
- United States (65.7 tons)
- Hong Kong SAR (4.5 tons)
- Indonesia (1.2 tons)
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