Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica (CIF) - 2022

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $17,839 per ton, growing by 2.1% against the previous year. Over the period under review, the import price, however, faced a deep slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 84% against the previous year. As a result, import price attained the peak level of $63,576 per ton. From 2016 to 2022, the average import prices remained 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 Switzerland ($286,000 per ton), while the price for China ($8,710 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $17,500 per ton in 2022, surging by 4.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 26%. Over the period under review, the average export prices attained the peak figure at $23,295 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($51,000 per ton), while the average price for exports to Russia ($4,000 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 Panama (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica

In 2022, overseas purchases of copper; cast, moulded, stamped or forged, but not further worked decreased by -87.2% to 573 kg, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 106%. As a result, imports reached the peak of 7.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked shrank significantly to $10K in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 2.1% against the previous year. As a result, imports attained the peak of $147K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Costa Rica in 2022:

1. Panama (288.0 kg)
2. China (214.0 kg)
3. United States (59.0 kg)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Costa Rica

In 2022, shipments abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -48.7% to 58 kg, falling for the second consecutive year after two years of growth. In general, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 18%. As a result, the exports attained the peak of 168 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked declined significantly to $1K in 2022. Overall, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 23%. As a result, the exports reached the peak of $2.8K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Costa Rica in 2022:

1. Mexico (52.0 kg)
2. Panama (4.0 kg)
3. United States (1.0 kg)
4. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform