Price for Tube or Pipe Flanges, Other than Stainless Steel in Costa Rica - 2022

Contents:

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

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

The average import price for tube or pipe flanges, other than stainless steels stood at $3,965 per ton in 2022, jumping by 66% against the previous year. Over the period under review, the import price recorded a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,735 per ton), while the price for Guatemala ($2,174 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe flanges, other than stainless steels stood at $2,252 per ton in 2022, reducing by -63.3% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37%. Over the period under review, the average export prices attained the peak figure at $7,432 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Nicaragua ($3,500 per ton), while the average price for exports to Australia ($794 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 Guatemala (+1.1%).

Imports of Tube or Pipe Flanges, Other than Stainless Steel in Costa Rica

In 2022, after three years of growth, there was significant decline in overseas purchases of tube or pipe flanges, other than stainless steels, when their volume decreased by -19.8% to 112 tons. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 24% against the previous year.

In value terms, imports of tube or pipe flanges, other than stainless steels surged to $446K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Tube or Pipe Flanges, Other than Stainless Steel in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20619227842327.1%
Guatemala1.32.27.07.276.9%
United States33.925.822.86.0-43.9%
Others33.027.226.59.7-33.5%
Total27424733544617.6%

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

  1. China (107.2 tons)
  2. Guatemala (3.3 tons)
  3. United States (0.4 tons)

Exports of Tube or Pipe Flanges, Other than Stainless Steel in Costa Rica

In 2022, overseas shipments of tube or pipe flanges, other than stainless steels were finally on the rise to reach 2.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe flanges, other than stainless steels soared to $5.2K in 2022. Overall, exports, however, saw a significant decline.

Export of Tube or Pipe Flanges, Other than Stainless Steel in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A2.10%
South AfricaN/AN/AN/A2.10%
AustraliaN/AN/AN/A0.60%
Belize3.1N/AN/AN/A0%
Guatemala8.93.41.6N/A-57.6%
El SalvadorN/AN/A1.5N/A0%
JamaicaN/A1.0N/AN/A0%
OthersN/A0.3N/A0.415.5%
Total12.04.63.15.2-24.3%

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

  1. South Africa (806.0 kg)
  2. Singapore (731.0 kg)
  3. Australia (708.0 kg)

Source: IndexBox Market Intelligence Platform

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