Metals; Platinum, Semi-Manufactured Price in Costa Rica - 2022

Contents:

1. Metals; Platinum, Semi-Manufactured Price in Costa Rica (FOB) - 2022
2. Metals; Platinum, Semi-Manufactured Price in Costa Rica (CIF) - 2022
3. Metals; Platinum, Semi-Manufactured Exports in Costa Rica
4. Metals; Platinum, Semi-Manufactured Imports in Costa Rica

Metals; Platinum, Semi-Manufactured Price in Costa Rica (FOB) - 2022

The average metals; platinum, semi-manufactured export price stood at $27,533,894 per ton in 2022, which is down by -18.9% against the previous year. Overall, the export price, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 56% against the previous year. The export price peaked at $33,934,504 per ton in 2021, and then dropped remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.7% per year.

Metals; Platinum, Semi-Manufactured Price in Costa Rica (CIF) - 2022

In 2022, the average metals; platinum, semi-manufactured import price amounted to $13,759,667 per ton, declining by -3.3% against the previous year. In general, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2015 when the average import price increased by 146% against the previous year. Over the period under review, average import prices attained the maximum at $22,704,000 per ton in 2016; however, from 2017 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 ($14,396,116 per ton), while the price for the Czech Republic ($2,762,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+96.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Platinum, Semi-Manufactured Exports in Costa Rica

In 2022, approx. 1.5 tons of metals; platinum, semi-manufactureds were exported from Costa Rica; growing by 64% compared with 2021 figures. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 184%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, metals; platinum, semi-manufactured exports surged to $40M in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 342%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Metals; Platinum, Semi-Manufactured from Costa Rica in 2022:

1. United States (1455.0 kg)

Metals; Platinum, Semi-Manufactured Imports in Costa Rica

After three years of growth, supplies from abroad of metals; platinum, semi-manufactureds decreased by -95.6% to 48 kg in 2022. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 69%.

In value terms, metals; platinum, semi-manufactured imports reduced sharply to $660K in 2022. In general, imports showed a dramatic decrease. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Metals; Platinum, Semi-Manufactured to Costa Rica in 2022:

1. United States (43.0 kg)
2. Switzerland (4.0 kg)
3. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform