Price for Steel, Stainless; Ingots and Other Primary Forms in Costa Rica - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Costa Rica (CIF) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Costa Rica
Price for Steel, Stainless; Ingots and Other Primary Forms in Costa Rica (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $7,553 per ton, reducing by -73.2% against the previous year. In general, the import price saw a deep setback. The growth pace was the most rapid in 2021 when the average import price increased by 129% against the previous year. Over the period under review, average import prices attained the peak figure at $35,685 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, 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 -10.0% per year.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Costa Rica
In 2022, after two years of decline, there was significant growth in supplies from abroad of steel, stainless; ingots and other primary formses, when their volume increased by 21,443% to 6 tons. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; ingots and other primary formses skyrocketed to $46K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Steel, Stainless; Ingots and Other Primary Forms in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.0 | 0.5 | N/A | 45.6 | 96.6% |
Others | 0.2 | 0.9 | 0.8 | N/A | 100.0% |
Total | 6.1 | 1.4 | 0.8 | 45.6 | 95.5% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Costa Rica in 2022:
- United States (6.0 tons)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Costa Rica.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
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