Price for Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica - 2022

Contents:

  1. Price for Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica (CIF) - 2022
  2. Price for Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica (FOB) - 2022
  3. Imports of Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica
  4. Exports of Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica

Price for Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica (CIF) - 2022

In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $50,979 per ton, waning by -20.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 70%. As a result, import price reached the peak level of $98,032 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($70,361 per ton), while the price for the United States totaled $50,964 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%).

Price for Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica (FOB) - 2022

The average export price for titanium; articles thereof, including waste and scrap stood at $22,425 per ton in 2022, reducing by -31.5% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price increased by 161% against the previous year. The export price peaked at $268,948 per ton in 2016; however, from 2017 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 ($28,369 per ton), while the average price for exports to Canada ($13,390 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 (-7.7%), while the prices for the other major destinations experienced a decline.

Imports of Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica

In 2022, imports of titanium; articles thereof, including waste and scrap into Costa Rica skyrocketed to 99 tons, jumping by 176% compared with the previous year. In general, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of titanium; articles thereof, including waste and scrap surged to $5.1M in 2022. Overall, imports, however, showed a perceptible slump.

Import of Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.42.82.35.0-2.5%
Others0.30.1N/AN/A-66.7%
Total5.72.82.35.1-3.6%

Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Costa Rica in 2022:

  1. United States (98.7 tons)

Exports of Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica

In 2022, approx. 15 tons of titanium; articles thereof, including waste and scrap were exported from Costa Rica; jumping by 111% on 2021 figures. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,127%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of titanium; articles thereof, including waste and scrap skyrocketed to $345K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 906% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Titanium; Articles Thereof, Including Waste and Scrap in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States73.417.419320240.1%
Canada2.61.019.190.3226.3%
TurkeyN/AN/A13.421.761.9%
Others23.85.313.231.49.7%
Total99.723.723934551.3%

Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Costa Rica in 2022:

  1. United States (7.1 tons)
  2. Canada (6.7 tons)
  3. Turkey (1.0 tons)

Source: IndexBox Market Intelligence Platform

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