Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica - 2022

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica (CIF) - 2022
  2. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica (FOB) - 2022
  3. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica
  4. Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica (CIF) - 2022

In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $20,155 per ton, shrinking by -30.7% against the previous year. Overall, the import price, however, recorded prominent growth. The growth pace was the most rapid in 2021 when the average import price increased by 167%. As a result, import price reached the peak level of $29,066 per ton, and then declined dramatically 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 the United States ($31,539 per ton), while the price for China totaled $13,224 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1,052.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica (FOB) - 2022

The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $19,000 per ton in 2022, growing by 92% against the previous year. Over the period under review, the export price showed a prominent expansion. The growth pace was the most rapid in 2015 an increase of 138% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +19.2% per year.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica

In 2022, supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia was finally on the rise to reach 3.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic setback.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia contracted rapidly to $66K in 2022. Over the period under review, imports, however, recorded a precipitous decrease. The smallest decline of -23.3% was in 2021.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18071.011.238.8-40.0%
China14.113.431.326.723.7%
Ireland7.0N/AN/AN/A0%
GuatemalaN/A10.437.5N/A260.6%
Colombia1.0N/AN/AN/A0%
TurkeyN/A20.8N/AN/A0%
Others11.17.214.1N/A12.7%
Total21312394.265.6-32.5%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Costa Rica in 2022:

  1. China (2.0 tons)
  2. United States (1.2 tons)

Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica

Exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Costa Rica contracted notably to 1 kg in 2022, reducing by -90.9% compared with the previous year. In general, exports recorded a sharp slump. The smallest decline of -64.5% was in 2021.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia reduced remarkably to $19 in 2022. Overall, exports continue to indicate a sharp reduction. The smallest decline of -58.4% was in 2020.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25632.03.019.0-58.0%
Nicaragua29618889.0N/A-45.2%
Guatemala83.044.017.0N/A-54.7%
OthersN/AN/AN/AN/A0%
Total63526410919.0-69.0%

Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Costa Rica in 2022:

  1. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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