Price for Ferrous Waste and Scrap; of Cast Iron in Costa Rica - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Costa Rica (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in Costa Rica (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Cast Iron in Costa Rica
- Imports of Ferrous Waste and Scrap; of Cast Iron in Costa Rica
Price for Ferrous Waste and Scrap; of Cast Iron in Costa Rica (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $192 per ton, reducing by -53.4% against the previous year. In general, the export price recorded a mild decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 69% against the previous year. As a result, the export price reached the peak level of $413 per ton, and then declined significantly 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 China amounted to +14.8% per year.
Price for Ferrous Waste and Scrap; of Cast Iron in Costa Rica (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $304 per ton, with an increase of 27% against the previous year. Overall, the import price showed a slight increase. The growth pace was the most rapid in 2016 an increase of 233% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nicaragua ($1,436 per ton), while the price for Panama ($61 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+76.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Cast Iron in Costa Rica
In 2022, exports of ferrous waste and scrap; of cast ira from Costa Rica shrank significantly to 298 tons, with a decrease of -97% against the year before. Overall, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 829% against the previous year.
In value terms, exports of ferrous waste and scrap; of cast ira reduced remarkably to $57K in 2022. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 1,471%.
| Export of Ferrous Waste and Scrap; of Cast Iron in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 93.8 | 21.3 | 181 | 57.3 | -15.2% |
| Spain | 524 | 14.8 | 239 | N/A | -32.5% |
| South Korea | 87.1 | 2.3 | 34.5 | N/A | -37.1% |
| Thailand | 3,304 | 20.2 | 93.2 | N/A | -83.2% |
| China | 3,375 | 118 | 2,361 | N/A | -16.4% |
| Vietnam | 597 | 19.5 | 363 | N/A | -22.0% |
| United States | 581 | 12.9 | 149 | N/A | -49.4% |
| Taiwan (Chinese) | 1,085 | 27.5 | 399 | N/A | -39.4% |
| Others | 394 | 20.3 | 216 | N/A | -26.0% |
| Total | 10,042 | 257 | 4,035 | 57.3 | -82.1% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Costa Rica in 2022:
- Guatemala (297.8 tons)
Imports of Ferrous Waste and Scrap; of Cast Iron in Costa Rica
In 2022, approx. 58 tons of ferrous waste and scrap; of cast ira were imported into Costa Rica; which is down by -54.3% compared with the previous year. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 490% against the previous year. As a result, imports reached the peak of 127 tons, and then fell notably in the following year.
In value terms, imports of ferrous waste and scrap; of cast ira dropped sharply to $18K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 506%. As a result, imports reached the peak of $30K, and then dropped remarkably in the following year.
| Import of Ferrous Waste and Scrap; of Cast Iron in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.9 | 2.8 | 12.8 | 7.0 | 21.5% |
| Trinidad and Tobago | N/A | N/A | 8.0 | 5.2 | -35.0% |
| Nicaragua | 1.5 | 1.2 | 7.1 | 4.1 | 39.8% |
| Panama | 0.7 | 0.5 | 2.3 | 1.3 | 22.9% |
| Others | 0.2 | 0.5 | N/A | N/A | 150.0% |
| Total | 6.3 | 5.0 | 30.3 | 17.6 | 40.8% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Costa Rica in 2022:
- Panama (22.1 tons)
- United States (17.8 tons)
- Trinidad and Tobago (15.4 tons)
- Nicaragua (2.8 tons)
172
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
172
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Costa Rica.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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