Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica - 2022

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica (CIF) - 2022

The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $8,203 per ton in 2022, growing by 53% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($8,902 per ton), while the price for Mexico ($2,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica (FOB) - 2022

In 2022, the average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $5,502 per ton, which is down by -46.6% against the previous year. Over the period under review, the export price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 64%. The export price peaked at $26,574 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 the United States ($15,000 per ton), while the average price for exports to Nicaragua ($2,851 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 Honduras (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica

In 2022, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Costa Rica declined to 26 tons, leveling off at 2021. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 40%.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $211K in 2022. In general, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 116% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Costa Rica in 2022:

1. United States (18.0 tons)
2. Mexico (3.7 tons)
3. China (2.0 tons)
4. Panama (1.0 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Costa Rica

Exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Costa Rica shrank sharply to 3.7 tons in 2022, dropping by -77.7% against the previous year. Overall, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 266% against the previous year.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s dropped dramatically to $20K in 2022. In general, exports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Costa Rica in 2022:

1. Panama (2185.0 kg)
2. Honduras (665.0 kg)
3. El Salvador (427.0 kg)
4. Nicaragua (422.0 kg)
5. United States (1.0 kg)