Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica - 2022

Contents:

  1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica (CIF) - 2022
  2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica (FOB) - 2022
  3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica
  4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica (CIF) - 2022

In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $16,695 per ton, with an increase of 4.6% against the previous year. In general, the import price recorded a noticeable increase. The growth pace was the most rapid in 2021 when the average import price increased by 69% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($23,770 per ton), while the price for Luxembourg ($4,375 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 (+7.3%).

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $7,217 per ton, standing approx. at the previous year. Overall, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in 2016 when the average export price decreased by -2.8%. The export price peaked at $8,879 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Nicaragua.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -3.6% per year.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica

In 2022, overseas purchases of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -7.3% to 1.4 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 60% against the previous year. As a result, imports attained the peak of 8.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses declined modestly to $23K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. As a result, imports reached the peak of $82K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.532.515.315.50.0%
ColombiaN/AN/AN/A5.30%
Mexico26.125.98.32.4-54.9%
LuxembourgN/AN/AN/A0.10%
SpainN/A22.7N/AN/A0%
Others2.51.00.50.1-65.8%
Total44.182.124.123.4-19.0%

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Costa Rica in 2022:

  1. United States (652.0 kg)
  2. Mexico (382.0 kg)
  3. Colombia (341.0 kg)
  4. Luxembourg (24.0 kg)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica

In 2022, approx. 46 kg of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were exported from Costa Rica; standing approx. at 2021. Overall, exports recorded a abrupt setback. The smallest decline of 99.9% was in 2021.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $332 in 2022. Over the period under review, exports continue to indicate a moderate expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Costa Rica (USD)
COUNTRY202020212022CAGR,
2020-2022
NicaraguaN/AN/A3320%
China319N/AN/A0%
OthersN/AN/AN/A0%
Total319N/A3322.0%

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Costa Rica in 2022:

  1. Nicaragua (46.0 kg)

Source: IndexBox Market Intelligence Platform

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