Price for Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica - 2022

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica (CIF) - 2022
  2. Price for Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica (FOB) - 2022
  3. Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica
  4. Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica

Price for Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica (CIF) - 2022

The average import price for copper; bars, rods and profiles, of refined coppers stood at $11,306 per ton in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2015 an increase of 25%. Over the period under review, average import prices hit record highs at $11,427 per ton in 2021, and then fell slightly in the following year.

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 ($11,599 per ton), while the price for China ($3,191 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica (FOB) - 2022

In 2022, the average export price for copper; bars, rods and profiles, of refined coppers amounted to $12,657 per ton, stabilizing at the previous year. Overall, the export price enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2019 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $20,179 per ton in 2020; however, from 2021 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 the United States ($59,375 per ton), while the average price for exports to El Salvador ($10,949 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 the United States (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica

In 2022, approx. 70 tons of copper; bars, rods and profiles, of refined coppers were imported into Costa Rica; increasing by 1.8% on 2021 figures. Over the period under review, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 90%.

In value terms, imports of copper; bars, rods and profiles, of refined coppers stood at $788K in 2022. In general, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year.

Import of Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,232321684744-15.5%
PeruN/A51.880.720.2-37.6%
China2.78.42.89.652.6%
Others23.06.314.814.4-14.5%
Total1,258387783788-14.4%

Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Costa Rica in 2022:

  1. United States (64.1 tons)
  2. China (3.0 tons)
  3. Peru (1.8 tons)

Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica

In 2022, the amount of copper; bars, rods and profiles, of refined coppers exported from Costa Rica surged to 18 tons, growing by 3,218% on 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; bars, rods and profiles, of refined coppers soared to $228K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Bars, Rods and Profiles, of Refined Copper in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala0.3N/A0.9161712.6%
Honduras34.71491.848.712.0%
El SalvadorN/AN/A0.115.715600.0%
Nicaragua1.20.84.01.610.1%
Others1.31.9N/A1.42.5%
Total37.61526.822882.4%

Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Costa Rica in 2022:

  1. Guatemala (13.4 tons)
  2. Honduras (3.1 tons)
  3. El Salvador (1.4 tons)
  4. Nicaragua (0.1 tons)

Source: IndexBox Market Intelligence Platform

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