Price for Tube or Pipe Flanges of Stainless Steel in Costa Rica - 2022

Contents:

  1. Price for Tube or Pipe Flanges of Stainless Steel in Costa Rica (CIF) - 2022
  2. Price for Tube or Pipe Flanges of Stainless Steel in Costa Rica (FOB) - 2022
  3. Imports of Tube or Pipe Flanges of Stainless Steel in Costa Rica
  4. Exports of Tube or Pipe Flanges of Stainless Steel in Costa Rica

Price for Tube or Pipe Flanges of Stainless Steel in Costa Rica (CIF) - 2022

In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $9,706 per ton, with an increase of 2.3% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe flanges of stainless steels increased by +49.9% against 2017 indices. The growth pace was the most rapid in 2016 an increase of 43% against the previous year. As a result, import price reached the peak level of $11,485 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($75,529 per ton), while the price for Guatemala ($6,212 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Flanges of Stainless Steel in Costa Rica (FOB) - 2022

In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $18,731 per ton, jumping by 69% against the previous year. Over the period under review, the export price saw a strong expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 97% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Honduras ($38,008 per ton), while the average price for exports to Nicaragua ($8,124 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 (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Flanges of Stainless Steel in Costa Rica

In 2022, supplies from abroad of tube or pipe flanges of stainless steels was finally on the rise to reach 24 tons after two years of decline. Overall, imports, however, saw a mild slump.

In value terms, imports of tube or pipe flanges of stainless steels soared to $231K in 2022. In general, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Flanges of Stainless Steel in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China50.020.446.413338.6%
United States81.456.032.165.1-7.2%
Guatemala4.7N/A0.613.742.8%
Germany3.810.219.81.3-30.1%
Spain16.018.69.2N/A-24.2%
Others12.57.811.717.812.5%
Total16811312023111.2%

Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Costa Rica in 2022:

  1. China (17.3 tons)
  2. United States (3.8 tons)
  3. Guatemala (2.2 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Costa Rica

In 2022, shipments abroad of tube or pipe flanges of stainless steels decreased by -44.8% to 1.2 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. As a result, the exports attained the peak of 2.2 tons, and then shrank dramatically in the following year.

In value terms, exports of tube or pipe flanges of stainless steels declined to $23K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 215% against the previous year. As a result, the exports attained the peak of $25K, and then reduced in the following year.

Export of Tube or Pipe Flanges of Stainless Steel in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/A0.10.213.11044.6%
HondurasN/AN/AN/A9.30%
Nicaragua2.4N/A22.60.8-30.7%
JamaicaN/A4.8N/AN/A0%
Others2.03.02.0N/A0.0%
Total4.47.924.823.274.1%

Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Costa Rica in 2022:

  1. Panama (896.0 kg)
  2. Honduras (244.0 kg)
  3. Nicaragua (97.0 kg)

Source: IndexBox Market Intelligence Platform

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