Price for Electrical Fuses for Under 1000 V in Costa Rica - 2022
Contents:
- Price for Electrical Fuses for Under 1000 V in Costa Rica (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Costa Rica (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Costa Rica
- Exports of Electrical Fuses for Under 1000 V in Costa Rica
Price for Electrical Fuses for Under 1000 V in Costa Rica (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $45 per thousand units in 2022, increasing by 41% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical fuses for under 1000 v increased by +150.4% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Brazil ($94 per thousand units), while the price for Colombia ($19 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Costa Rica (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $63 per thousand units in 2022, shrinking by -20.7% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 60%. As a result, the export price reached the peak level of $79 per thousand units, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($255 per thousand units), while the average price for exports to Hong Kong SAR ($15 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Costa Rica
In 2022, after two years of decline, there was significant growth in supplies from abroad of electrical fuses for under 1000 v, when their volume increased by 46% to 50M units. In general, imports, however, recorded a abrupt curtailment. Over the period under review, imports of reached the maximum at 63M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electrical fuses for under 1000 v surged to $2.2M in 2022. Over the period under review, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for Under 1000 V in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 664 | 576 | 443 | 892 | 10.3% |
| Taiwan (Chinese) | 261 | 262 | 115 | 275 | 1.8% |
| Turkey | 0.1 | N/A | N/A | 242 | 1242.6% |
| China | 76.0 | 78.0 | 102 | 147 | 24.6% |
| Brazil | 7.8 | 4.1 | 10.4 | 111 | 142.3% |
| Mexico | 93.9 | 45.1 | 69.2 | 110 | 5.4% |
| Germany | 97.2 | 67.7 | 89.9 | 89.8 | -2.6% |
| Colombia | 77.2 | 59.1 | 86.2 | 54.9 | -10.7% |
| Spain | 56.1 | 22.5 | 51.5 | 27.5 | -21.2% |
| Panama | 18.2 | 51.7 | 22.9 | 21.2 | 5.2% |
| South Korea | 45.8 | 13.9 | 8.7 | 8.4 | -43.2% |
| Italy | 205 | 11.8 | 5.1 | 4.3 | -72.4% |
| Others | 127 | 72.5 | 86.4 | 260 | 27.0% |
| Total | 1,729 | 1,265 | 1,090 | 2,243 | 9.1% |
Top Suppliers of Electrical Fuses for Under 1000 V to Costa Rica in 2022:
- Taiwan (Chinese) (12.9M units)
- United States (11.7M units)
- Turkey (8.1M units)
- China (6.5M units)
- Colombia (2.9M units)
- Mexico (2.0M units)
- Brazil (1.2M units)
- Panama (1.1M units)
- Germany (0.9M units)
- Spain (0.9M units)
- South Korea (0.3M units)
Exports of Electrical Fuses for Under 1000 V in Costa Rica
In 2022, exports of electrical fuses for under 1000 v from Costa Rica declined dramatically to 4.1M units, shrinking by -25% on the previous year. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 76%. The exports peaked at 6.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v shrank significantly to $256K in 2022. In general, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 182% against the previous year. As a result, the exports attained the peak of $431K, and then fell dramatically in the following year.
| Export of Electrical Fuses for Under 1000 V in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 102 | 88.4 | 97.8 | 157 | 15.5% |
| Honduras | 2.4 | 4.5 | 125 | 46.7 | 169.0% |
| El Salvador | 9.2 | 7.7 | 12.2 | 23.6 | 36.9% |
| Panama | 25.7 | 28.6 | 27.8 | 8.2 | -31.7% |
| United States | 43.2 | 11.9 | 95.3 | 5.4 | -50.0% |
| Mexico | N/A | N/A | 14.7 | 5.0 | -66.0% |
| Nicaragua | 1.3 | 2.3 | 1.1 | 4.3 | 49.0% |
| Hong Kong SAR | 0.1 | N/A | N/A | 2.7 | 200.0% |
| Cuba | 7.9 | N/A | N/A | N/A | 0% |
| Others | 7.4 | 9.2 | 57.3 | 3.1 | -25.2% |
| Total | 199 | 153 | 431 | 256 | 8.8% |
Top Export Markets for Electrical Fuses for Under 1000 V from Costa Rica in 2022:
- Guatemala (2580.5K units)
- El Salvador (749.6K units)
- Honduras (188.0K units)
- Hong Kong SAR (181.4K units)
- United States (150.6K units)
- Mexico (96.3K units)
- Nicaragua (84.6K units)
- Panama (32.1K units)
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