Stainless Steel Wire Price in Costa Rica - 2022
Contents:
- Stainless Steel Wire Price in Costa Rica (CIF) - 2022
- Stainless Steel Wire Price in Costa Rica (FOB) - 2022
- Stainless Steel Wire Imports in Costa Rica
- Stainless Steel Wire Exports in Costa Rica
Stainless Steel Wire Price in Costa Rica (CIF) - 2022
The average stainless steel wire import price stood at $78,840 per ton in 2022, leveling off at the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 72% against the previous year. The import price peaked at $205,026 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Malaysia ($566,681 per ton), while the price for Mexico ($5,017 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Stainless Steel Wire Price in Costa Rica (FOB) - 2022
The average stainless steel wire export price stood at $425,112 per ton in 2022, leveling off at the previous year. Overall, the export price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 63% against the previous year. The export price peaked at $764,551 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($546,707 per ton), while the average price for exports to the United States ($359,699 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+29.3%), while the prices for the other major destinations experienced mixed trend patterns.
Stainless Steel Wire Imports in Costa Rica
In 2022, supplies from abroad of stainless steel wire decreased by 0% to 1.2K tons, falling for the second year in a row after two years of growth. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 106%. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, stainless steel wire imports totaled $93M in 2022. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3.5% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Stainless Steel Wire in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.5 | 39.9 | N/A | 53.9 | 12.9% |
| Malaysia | 1.8 | 1.1 | N/A | 10.8 | 81.7% |
| Ireland | 7.7 | 8.9 | N/A | 8.0 | 1.3% |
| Mexico | 2.6 | 2.5 | N/A | 4.2 | 17.3% |
| Taiwan (Chinese) | 0.7 | 0.7 | N/A | 0.7 | 0.0% |
| Others | 6.2 | 5.6 | N/A | 15.8 | 36.6% |
| Total | 56.6 | 58.6 | N/A | 93.4 | 18.2% |
Top Suppliers of Stainless Steel Wire to Costa Rica in 2022:
- Mexico (827.5 tons)
- United States (216.6 tons)
- Ireland (69.6 tons)
- Taiwan (Chinese) (33.3 tons)
- Malaysia (19.1 tons)
Stainless Steel Wire Exports in Costa Rica
In 2022, the amount of stainless steel wire exported from Costa Rica amounted to 12 tons, almost unchanged from 2021. In general, exports faced a dramatic downturn. The smallest decline of -74.2% was in 2020.
In value terms, stainless steel wire exports totaled $5.1M in 2022. Over the period under review, exports saw a perceptible descent. The smallest decline of -58.1% was in 2020.
| Export of Stainless Steel Wire in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 1.7 | N/A | 2.7 | -12.3% |
| Ireland | 0.3 | 0.4 | N/A | 2.2 | 94.3% |
| Malaysia | 1.2 | 0.2 | N/A | N/A | -83.3% |
| Others | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Total | 5.6 | 2.4 | N/A | 5.1 | -3.1% |
Top Export Markets for Stainless Steel Wire from Costa Rica in 2022:
- United States (7.6 tons)
- Ireland (4.0 tons)
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