Price for Tin; Waste and Scrap in Costa Rica - 2022

Contents:

1. Price for Tin; Waste and Scrap in Costa Rica (CIF) - 2022
2. Price for Tin; Waste and Scrap in Costa Rica (FOB) - 2022
3. Imports of Tin; Waste and Scrap in Costa Rica
4. Exports of Tin; Waste and Scrap in Costa Rica

Price for Tin; Waste and Scrap in Costa Rica (CIF) - 2022

The average tin; waste and scrap import price stood at $3,456 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a dramatic contraction. The import price peaked at $277,143 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Nicaragua.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to -0.9% per year.

Price for Tin; Waste and Scrap in Costa Rica (FOB) - 2022

The average tin; waste and scrap export price stood at $11,420 per ton in 2022, surging by 19% against the previous year. In general, the export price recorded strong growth. The pace of growth was the most pronounced in 2015 an increase of 920%. The export price peaked at $14,500 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +11.0% per year.

Imports of Tin; Waste and Scrap in Costa Rica

Tin; waste and scrap imports into Costa Rica shrank markedly to 7.6 tons in 2022, with a decrease of -22.6% against the previous year. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports reached the peak of 9.8 tons, and then reduced sharply in the following year.

In value terms, tin; waste and scrap imports declined to $26K in 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 47%.

Top Suppliers of Tin; Waste and Scrap to Costa Rica in 2022:

1. Nicaragua (7.6 tons)

Exports of Tin; Waste and Scrap in Costa Rica

In 2022, shipments abroad of tin; waste and scraps decreased by -35.4% to 27 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 48%. As a result, the exports reached the peak of 42 tons, and then reduced markedly in the following year.

In value terms, tin; waste and scrap exports fell markedly to $312K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. As a result, the exports reached the peak of $406K, and then declined rapidly in the following year.

Top Export Markets for Tin; Waste and Scrap from Costa Rica in 2022:

1. United States (27.3 tons)

Source: IndexBox Market Intelligence Platform