Price for Electrical Fuses for over 1000 V in Costa Rica - 2022

Contents:

  1. Price for Electrical Fuses for over 1000 V in Costa Rica (CIF) - 2022
  2. Price for Electrical Fuses for over 1000 V in Costa Rica (FOB) - 2022
  3. Imports of Electrical Fuses for over 1000 V in Costa Rica
  4. Exports of Electrical Fuses for over 1000 V in Costa Rica

Price for Electrical Fuses for over 1000 V in Costa Rica (CIF) - 2022

In 2022, the average import price for electrical fuses for over 1000 v amounted to $1.1 per unit, reducing by -6.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47% against the previous year. The import price peaked at $1.8 per unit in 2018; however, from 2019 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 ($2.1 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Fuses for over 1000 V in Costa Rica (FOB) - 2022

In 2022, the average export price for electrical fuses for over 1000 v amounted to $4.1 per unit, picking up by 54% against the previous year. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 58%. Over the period under review, the average export prices hit record highs at $4.8 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($4.4 per unit) and Panama ($4.2 per unit), while the average price for exports to the United States ($3.1 per unit) and Jamaica ($3.8 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for over 1000 V in Costa Rica

In 2022, supplies from abroad of electrical fuses for over 1000 v increased by 134% to 791K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electrical fuses for over 1000 v surged to $880K in 2022. In general, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electrical Fuses for over 1000 V in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil11776.9N/A36245.7%
United States2592212832782.4%
Colombia16.339.845.7197129.5%
China14458.150.410.1-58.8%
Others74.823.124.032.7-24.1%
Total61141940388012.9%

Top Suppliers of Electrical Fuses for over 1000 V to Costa Rica in 2022:

  1. Brazil (343.4K units)
  2. Colombia (285.8K units)
  3. United States (131.3K units)
  4. China (18.9K units)

Exports of Electrical Fuses for over 1000 V in Costa Rica

In 2022, shipments abroad of electrical fuses for over 1000 v decreased by -45.5% to 411 units, falling for the second year in a row after two years of growth. In general, exports saw a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 276% against the previous year. As a result, the exports reached the peak of 3.3K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electrical fuses for over 1000 v declined sharply to $1.7K in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 439% against the previous year. As a result, the exports attained the peak of $16K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Electrical Fuses for over 1000 V in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A0.80%
Jamaica0.30.10.10.626.0%
Panama1.615.91.30.1-60.3%
Dominican RepublicN/AN/AN/A0.10%
NicaraguaN/AN/A0.4N/A0%
United States0.7N/AN/AN/A0%
MexicoN/AN/A0.1N/A0%
Honduras0.2N/A0.1N/A-29.3%
Others0.1N/AN/AN/A0%
Total3.016.12.01.7-17.2%

Top Export Markets for Electrical Fuses for over 1000 V from Costa Rica in 2022:

  1. Spain (188.0 units)
  2. Jamaica (152.0 units)
  3. Dominican Republic (34.0 units)
  4. Panama (27.0 units)
  5. United States (10.0 units)

Source: IndexBox Market Intelligence Platform

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