Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,040 per ton, increasing by 19% against the previous year. In general, the import price recorded a temperate increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 65% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
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 Spain ($16,368 per ton), while the price for Taiwan (Chinese) ($1,229 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,159 per ton, with a decrease of -20% against the previous year. Overall, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 66% against the previous year. As a result, the export price attained the peak level of $10,446 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($15,434 per ton), while the average price for exports to Guatemala ($1,337 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 Nicaragua (+7.8%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica
In 2022, purchases abroad of tube or pipe butt welding fittings, other than stainless steels was finally on the rise to reach 113 tons after two years of decline. In general, imports, however, showed a pronounced slump.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $342K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 105 | 111 | 130 | 281 | 38.8% |
| Guatemala | 1.5 | 2.3 | 9.2 | 16.8 | 123.7% |
| United States | 27.7 | 5.3 | 5.9 | 11.2 | -26.1% |
| Taiwan (Chinese) | 7.4 | 4.0 | 3.3 | 3.5 | -22.1% |
| Others | 20.3 | 14.3 | 19.2 | 29.7 | 13.5% |
| Total | 162 | 137 | 167 | 342 | 28.3% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Costa Rica in 2022:
- China (98.9 tons)
- Guatemala (7.2 tons)
- Taiwan (Chinese) (2.8 tons)
- United States (1.3 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica
In 2022, after three years of growth, there was significant decline in overseas shipments of tube or pipe butt welding fittings, other than stainless steels, when their volume decreased by -44.6% to 1.8 tons. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 855% against the previous year. As a result, the exports reached the peak of 3.2 tons, and then contracted rapidly in the following year.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels dropped remarkably to $5.6K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 494% against the previous year. As a result, the exports reached the peak of $13K, and then contracted remarkably in the following year.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | N/A | N/A | N/A | 2.3 | 0% |
| Guatemala | 0.2 | 0.6 | 4.5 | 1.7 | 104.1% |
| Panama | 0.2 | 1.4 | 7.2 | 1.3 | 86.6% |
| Others | 0.3 | 0.1 | 0.9 | 0.2 | -12.6% |
| Total | 0.6 | 2.1 | 12.6 | 5.6 | 110.5% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Costa Rica in 2022:
- Guatemala (1241.0 kg)
- Panama (355.0 kg)
- El Salvador (152.0 kg)
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