Costa Rica - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Costa Rica - 2021
Contents:
- Metal Washer Price in Costa Rica (CIF) - 2021
- Metal Washer Price in Costa Rica (FOB) - 2022
- Metal Washer Imports in Costa Rica
- Metal Washer Exports in Costa Rica
Metal Washer Price in Costa Rica (CIF) - 2021
The average metal washer import price stood at $10,296 per ton in March 2020, with an increase of 6.5% against the previous month. Overall, the import price, however, showed a abrupt downturn. Over the period under review, average import prices hit record highs at $14,652 per ton in January 2020; however, from February 2020 to March 2020, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2020, the country with the highest price was the United States ($55,518 per ton), while the price for Panama ($1,567 per ton) was amongst the lowest.
From January 2020 to March 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Washer Price in Costa Rica (FOB) - 2022
The average metal washer export price stood at $14,494 per ton in 2022, rising by 40% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 69%. The export price peaked at $15,618 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($20,929 per ton), while the average price for exports to Nicaragua ($4,875 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 El Salvador (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in Costa Rica
In 2022, approx. 449 tons of iron or steel washers were imported into Costa Rica; with an increase of 88% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal washer imports totaled $3.3M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of $3.3M; afterwards, it flattened through to 2022.
Import of Metal Washer in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,906 | 2,309 | 2,257 | 1,849 | -1.0% |
China | 277 | 355 | 257 | 714 | 37.1% |
Colombia | 23.5 | 26.8 | 31.3 | 117 | 70.8% |
Brazil | 103 | 19.5 | 37.9 | 48.7 | -22.1% |
Panama | 89.6 | 53.5 | 55.1 | 41.0 | -22.9% |
Mexico | 47.7 | 20.2 | 19.9 | 22.2 | -22.5% |
Others | 385 | 518 | 446 | 467 | 6.6% |
Total | 2,832 | 3,303 | 3,105 | 3,259 | 4.8% |
Top Suppliers of Metal Washer to Costa Rica in 2022:
- China (340.9 tons)
- United States (41.1 tons)
- Colombia (21.7 tons)
- Panama (13.4 tons)
- Brazil (7.0 tons)
- Mexico (2.4 tons)
Metal Washer Exports in Costa Rica
For the third year in a row, Costa Rica recorded decline in shipments abroad of iron or steel washers, which decreased by -60.2% to 1.2 tons in 2022. Overall, exports faced a sharp downturn. The smallest decline of -2.8% was in 2020.
In value terms, metal washer exports fell significantly to $18K in 2022. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 14%. As a result, the exports reached the peak of $34K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Metal Washer in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 2.6 | 4.9 | 1.4 | 9.8 | 55.6% |
United States | 11.5 | 23.2 | 17.3 | 2.1 | -43.3% |
Panama | 5.8 | 0.4 | 1.0 | 2.0 | -29.9% |
El Salvador | 0.6 | 1.3 | 1.5 | 1.8 | 44.2% |
Mexico | N/A | N/A | 0.1 | 0.7 | 600.0% |
Peru | 0.2 | N/A | N/A | 0.5 | 35.7% |
Nicaragua | 0.5 | 0.7 | 5.3 | N/A | 225.6% |
Netherlands | 4.8 | N/A | N/A | N/A | 0% |
Jamaica | N/A | 0.6 | N/A | N/A | 0% |
Others | 3.5 | 2.7 | 5.6 | 1.1 | -32.0% |
Total | 29.6 | 33.7 | 32.2 | 17.9 | -15.4% |
Top Export Markets for Metal Washer from Costa Rica in 2022:
- Guatemala (516.0 kg)
- Panama (319.0 kg)
- El Salvador (147.0 kg)
- United States (98.0 kg)
- Mexico (82.0 kg)
- Peru (30.0 kg)
- Nicaragua (8.0 kg)
This report provides an in-depth analysis of the metal washer market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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