Price for Steel, Alloy; Ingots and Other Primary Forms in Costa Rica - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Costa Rica (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Costa Rica
Price for Steel, Alloy; Ingots and Other Primary Forms in Costa Rica (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $30,963 per ton, picking up by 28% against the previous year. Overall, the import price recorded a resilient increase. The growth pace was the most rapid in 2021 when the average import price increased by 215% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 ($33,593 per ton), while the price for China amounted to $1,435 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-12.0%).
Imports of Steel, Alloy; Ingots and Other Primary Forms in Costa Rica
In 2022, the amount of steel, alloy; ingots and other primary formses imported into Costa Rica soared to 2.1 tons, jumping by 49% on 2021. Overall, imports posted buoyant growth. The growth pace was the most rapid in 2020 with an increase of 122%. As a result, imports attained the peak of 3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, alloy; ingots and other primary formses soared to $64K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.4 | 21.7 | 33.2 | 63.4 | 127.3% |
| China | 0.1 | 1.2 | 0.2 | 0.2 | 26.0% |
| Colombia | 7.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 12.7 | 23.0 | 33.4 | 63.6 | 71.1% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Costa Rica in 2022:
- United States (1.9 tons)
- China (0.2 tons)
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