Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica - 2022

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica (FOB) - 2022
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica (CIF) - 2022

The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $8,206 per ton in 2022, declining by -9% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 threaded elbows, bends and sleeves of stainless steels decreased by -7.7% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $9,016 per ton in 2021, and then dropped in the following year.

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 the United States ($17,715 per ton), while the price for Taiwan (Chinese) ($5,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica (FOB) - 2022

In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $24,060 per ton, jumping by 46% against the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 114% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($85,147 per ton), while the average price for exports to Guatemala ($2,857 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 (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica

In 2022, after two years of decline, there was significant growth in supplies from abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels, when their volume increased by 24% to 105 tons. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels expanded remarkably to $866K in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18921118840829.2%
United States265228350225-5.3%
Italy16310291.285.2-19.4%
Mexico22.118.739.544.726.5%
Panama20.342.835.042.127.5%
Taiwan (Chinese)43.712.28.716.4-27.9%
Colombia1.68.80.214.8109.9%
Others11378.954.329.4-36.2%
Total8177027668662.0%

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Costa Rica in 2022:

  1. China (61.8 tons)
  2. United States (12.7 tons)
  3. Italy (12.4 tons)
  4. Mexico (6.0 tons)
  5. Panama (4.8 tons)
  6. Taiwan (Chinese) (2.9 tons)
  7. Colombia (2.5 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica

In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels increased by 1,448% to 898 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic decline.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $22K in 2022. Over the period under review, exports, however, continue to indicate a dramatic shrinkage.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A0.713.91885.7%
Panama14.8N/A0.16.9-22.5%
Honduras2.72.30.10.4-47.1%
Nicaragua9.00.10.10.3-67.8%
Guatemala1.30.2N/A0.1-57.5%
El Salvador22.8N/AN/AN/A0%
Others0.5N/AN/AN/A0%
Total51.02.61.021.6-24.9%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Costa Rica in 2022:

  1. Panama (568.0 kg)
  2. United States (163.0 kg)
  3. Nicaragua (107.0 kg)
  4. Guatemala (49.0 kg)
  5. Honduras (11.0 kg)

Source: IndexBox Market Intelligence Platform

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