Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, jumping by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The import price peaked at $0.1 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($0.2 per unit), while the price for Panama (less than $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 Hong Kong SAR (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, falling by -13.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2017 when the average export price increased by 43% against the previous year. The export price peaked at $0.2 per unit in 2021, and then reduced in the following year.
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 ($0.6 per unit), while the average price for exports to Guatemala (less than $0.1 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 El Salvador (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica
Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Costa Rica expanded markedly to 584M units in 2022, growing by 8.7% compared with the year before. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 98%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $58M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 70%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.7 | 29.5 | 23.1 | 32.9 | 33.9% |
| China | 3.0 | 5.4 | 7.1 | 12.4 | 60.5% |
| Mexico | 0.9 | 2.1 | 3.4 | 3.9 | 63.0% |
| Hong Kong SAR | 1.7 | 1.2 | 0.9 | 1.5 | -4.1% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.2 | 1.2 | 81.7% |
| India | 0.2 | 0.3 | 0.5 | 1.1 | 76.5% |
| Panama | 0.2 | 0.4 | 0.9 | 1.0 | 71.0% |
| Others | 5.7 | 4.5 | 3.1 | 4.5 | -7.6% |
| Total | 25.7 | 43.8 | 39.2 | 58.4 | 31.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Costa Rica in 2022:
- China (208.5M units)
- United States (189.2M units)
- Mexico (81.2M units)
- Panama (21.9M units)
- Taiwan (Chinese) (15.1M units)
- Hong Kong SAR (12.9M units)
- India (12.2M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica
Exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Costa Rica fell to 230M units in 2022, dropping by -5.2% on the year before. In general, exports saw a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, the exports of reached the peak figure at 252M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment declined notably to $30M in 2022. Overall, exports showed a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of $37M, and then plummeted in the following year.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.0 | 18.9 | 23.8 | 17.0 | -8.2% |
| Guatemala | 1.2 | 0.9 | 1.7 | 2.4 | 26.0% |
| Panama | 1.2 | 1.1 | 2.7 | 2.2 | 22.4% |
| China | 0.9 | 2.0 | 2.2 | 1.5 | 18.6% |
| Mexico | 1.4 | 1.2 | 0.7 | 1.4 | 0.0% |
| Dominican Republic | 0.2 | 0.1 | 0.4 | 0.7 | 51.8% |
| Ecuador | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
| El Salvador | 0.1 | 0.2 | 0.2 | 0.6 | 81.7% |
| Nicaragua | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| Germany | 0.7 | 0.9 | 0.6 | 0.1 | -47.7% |
| Others | 4.8 | 5.3 | 4.3 | 3.5 | -10.0% |
| Total | 32.8 | 31.1 | 37.0 | 30.3 | -2.6% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Costa Rica in 2022:
- Guatemala (116.8M units)
- United States (26.4M units)
- Panama (14.7M units)
- Ecuador (14.4M units)
- Dominican Republic (11.3M units)
- Mexico (9.7M units)
- El Salvador (7.9M units)
- Nicaragua (7.6M units)
- China (7.2M units)
- Germany (0.9M units)
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