Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica - 2022

Contents:

  1. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica (CIF) - 2022
  2. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica (FOB) - 2022
  3. Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica
  4. Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica (CIF) - 2022

The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $4,940 per ton in 2022, increasing by 6.6% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 11%. The import price peaked at $5,505 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($20,277 per ton), while the price for China ($1,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica (FOB) - 2022

In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $3,874 per ton, growing by 10% against the previous year. Overall, the export price, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices reached the maximum at $4,377 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($4,006 per ton), while the average price for exports to Nicaragua amounted to $3,668 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+0.0%).

Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica

Imports of stainless steel bars and rods, angles, shapes and sectionses into Costa Rica soared to 1.1K tons in 2022, jumping by 28% on the year before. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses soared to $5.3M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 97%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9321,3901,5842,49338.8%
India6852,2171,4001,64934.0%
China110944580937104.2%
BulgariaN/AN/AN/A97.70%
Spain172N/A11.00.2-89.5%
Others544268342170-32.1%
Total2,4434,8193,9175,34729.8%

Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Costa Rica in 2022:

  1. China (521.7 tons)
  2. India (385.6 tons)
  3. United States (122.9 tons)
  4. Bulgaria (25.6 tons)
  5. Spain (0.1 tons)

Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica

In 2022, exports of stainless steel bars and rods, angles, shapes and sectionses from Costa Rica skyrocketed to 158 tons, surging by 31% against the previous year's figure. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 67%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $612K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 79% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua12117721244254.0%
Panama24.744.920713174.4%
Others4.314.84.638.9108.4%
Total15023642461259.8%

Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Costa Rica in 2022:

  1. Nicaragua (120.4 tons)
  2. Panama (32.7 tons)

Source: IndexBox Market Intelligence Platform

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