Price for Zinc; Bars, Rods, Profiles and Wire in Costa Rica - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Costa Rica (CIF) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Costa Rica (FOB) - 2022
  3. Imports of Zinc; Bars, Rods, Profiles and Wire in Costa Rica
  4. Exports of Zinc; Bars, Rods, Profiles and Wire in Costa Rica

Price for Zinc; Bars, Rods, Profiles and Wire in Costa Rica (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $6,207 per ton in 2022, with an increase of 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2017 an increase of 55%. Over the period under review, average import prices reached the maximum at $6,388 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 the United States ($7,019 per ton), while the price for China ($2,485 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Costa Rica (FOB) - 2022

In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $5,372 per ton, approximately equating the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; bars, rods, profiles and wires increased by +39.0% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 18% against the previous year. Over the period under review, the average export prices reached the maximum at $5,372 per ton in 2021, and then contracted slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +3.7% per year.

Imports of Zinc; Bars, Rods, Profiles and Wire in Costa Rica

In 2022, approx. 62 tons of zinc; bars, rods, profiles and wires were imported into Costa Rica; with an increase of 60% on 2021 figures. Overall, imports showed a mild expansion.

In value terms, imports of zinc; bars, rods, profiles and wires skyrocketed to $384K in 2022. In general, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.8% against 2020 indices.

Import of Zinc; Bars, Rods, Profiles and Wire in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States340343214236-11.5%
FinlandN/A1.8N/A88.2600.0%
Mexico25.376.516.335.311.7%
China1.62.92.318.3125.3%
Others0.51.41.26.2131.5%
Total3684262343841.4%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Costa Rica in 2022:

  1. United States (33.6 tons)
  2. Finland (15.0 tons)
  3. China (7.4 tons)
  4. Mexico (5.2 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Costa Rica

Exports of zinc; bars, rods, profiles and wires from Costa Rica reduced sharply to 2.6 tons in 2022, waning by -50% against 2021. Overall, exports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year. As a result, the exports reached the peak of 5.2 tons, and then dropped remarkably in the following year.

In value terms, exports of zinc; bars, rods, profiles and wires reduced dramatically to $14K in 2022. In general, exports, however, posted a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, the exports attained the peak of $28K, and then shrank significantly in the following year.

Export of Zinc; Bars, Rods, Profiles and Wire in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala13.414.128.114.11.7%
OthersN/AN/AN/AN/A0%
Total13.414.128.114.11.7%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Costa Rica in 2022:

  1. Guatemala (2.6 tons)

Source: IndexBox Market Intelligence Platform

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