Price for Electrical Insulators of Any Material in Costa Rica - 2022
Contents:
- Price for Electrical Insulators of Any Material in Costa Rica (CIF) - 2022
- Price for Electrical Insulators of Any Material in Costa Rica (FOB) - 2022
- Imports of Electrical Insulators of Any Material in Costa Rica
- Exports of Electrical Insulators of Any Material in Costa Rica
Price for Electrical Insulators of Any Material in Costa Rica (CIF) - 2022
The average import price for electrical insulators of any materials stood at $0.7 per unit in 2022, growing by 51% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $1 per unit in 2016; however, from 2017 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 ($1.5 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Insulators of Any Material in Costa Rica (FOB) - 2022
The average export price for electrical insulators of any materials stood at $1 per unit in 2022, growing by 2.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 61% against the previous year. As a result, the export price reached the peak level of $1.1 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3.9 per unit), while the average price for exports to El Salvador ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Insulators of Any Material in Costa Rica
For the fourth consecutive year, Costa Rica recorded growth in purchases abroad of electrical insulators of any materials, which increased by 61% to 8.9M units in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical insulators of any material imports skyrocketed to $5.9M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Insulators of Any Material in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,085 | 1,119 | 1,305 | 3,361 | 45.8% |
| United States | 376 | 363 | 487 | 1,052 | 40.9% |
| Poland | 51.9 | 149 | 140 | 427 | 101.9% |
| China | 149 | 95.2 | 231 | 278 | 23.1% |
| Colombia | 84.1 | 90.0 | 128 | 257 | 45.1% |
| Panama | 0.2 | 1.1 | N/A | 162 | 832.2% |
| Brazil | 1.2 | 5.5 | 4.4 | 91.2 | 323.6% |
| Others | 125 | 137 | 117 | 222 | 21.1% |
| Total | 1,872 | 1,960 | 2,413 | 5,851 | 46.2% |
Top Suppliers of Electrical Insulators of Any Material to Costa Rica in 2022:
- Japan (3.2M units)
- China (2.2M units)
- Colombia (1.2M units)
- Poland (0.7M units)
- United States (0.7M units)
- Brazil (0.5M units)
- Panama (0.3M units)
Exports of Electrical Insulators of Any Material in Costa Rica
In 2022, overseas shipments of electrical insulators of any materials decreased by -69% to 15K units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a significant decline. The growth pace was the most rapid in 2020 with an increase of 48%. As a result, the exports attained the peak of 65K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, electrical insulators of any material exports reduced sharply to $15K in 2022. Overall, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 9.2% against the previous year. Over the period under review, the exports attained the peak figure at $47K in 2021, and then shrank rapidly in the following year.
| Export of Electrical Insulators of Any Material in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.2 | 10.9 | 24.3 | 8.5 | 5.7% |
| El Salvador | N/A | N/A | 0.2 | 3.2 | 1500.0% |
| Honduras | N/A | N/A | 16.0 | 1.6 | -90.0% |
| Nicaragua | 32.5 | N/A | N/A | 0.9 | -69.7% |
| Canada | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Dominican Republic | N/A | 27.1 | N/A | N/A | 0% |
| Guatemala | N/A | 5.3 | 0.3 | N/A | -94.3% |
| Others | 0.1 | 0.1 | 6.1 | 0.1 | 0.0% |
| Total | 39.8 | 43.5 | 47.1 | 15.0 | -27.8% |
Top Export Markets for Electrical Insulators of Any Material from Costa Rica in 2022:
- El Salvador (7.4K units)
- Honduras (3.1K units)
- United States (2.2K units)
- Nicaragua (1.4K units)
- Canada (0.4K units)
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