Price for Electrical Push-Button and Rotary Switch in Costa Rica - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Costa Rica (FOB) - 2022
- Price for Electrical Push-Button and Rotary Switch in Costa Rica (CIF) - 2022
- Exports of Electrical Push-Button and Rotary Switch in Costa Rica
- Imports of Electrical Push-Button and Rotary Switch in Costa Rica
Price for Electrical Push-Button and Rotary Switch in Costa Rica (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $1.8 per unit, rising by 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2019 an increase of 7.1%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2.1 per unit), while the average price for exports to El Salvador ($0.3 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 Canada (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Costa Rica (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $0.5 per unit, approximately equating the previous year. In general, the import price recorded a mild curtailment. The growth pace was the most rapid in 2018 an increase of 21% against the previous year. The import price peaked at $0.6 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1 per unit), while the price for Colombia ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Push-Button and Rotary Switch in Costa Rica
In 2022, approx. 46M units of electrical push-button and rotary switches for under 1000 v were exported from Costa Rica; increasing by 79% compared with 2021 figures. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical push-button and rotary switch exports surged to $83M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Push-Button and Rotary Switch in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.3 | 19.1 | 30.3 | 71.1 | 57.2% |
| Mexico | 2.7 | 3.5 | 4.4 | 4.6 | 19.4% |
| Canada | 1.0 | 0.9 | 1.2 | 1.5 | 14.5% |
| Guatemala | 3.9 | 3.1 | 3.0 | 1.0 | -36.5% |
| Ecuador | 0.5 | 0.5 | 0.8 | 0.5 | 0.0% |
| El Salvador | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Dominican Republic | 0.2 | 0.1 | 0.6 | 0.2 | 0.0% |
| Others | 3.7 | 2.9 | 3.9 | 3.9 | 1.8% |
| Total | 30.5 | 30.4 | 44.6 | 83.0 | 39.6% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Costa Rica in 2022:
- United States (34.4M units)
- Guatemala (3.0M units)
- Mexico (2.6M units)
- Ecuador (1.2M units)
- El Salvador (1.1M units)
- Canada (0.7M units)
- Dominican Republic (0.5M units)
Imports of Electrical Push-Button and Rotary Switch in Costa Rica
In 2022, imports of electrical push-button and rotary switches for under 1000 v into Costa Rica reduced to 40M units, with a decrease of -3% against the previous year's figure. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 50%. As a result, imports attained the peak of 42M units, and then fell modestly in the following year.
In value terms, electrical push-button and rotary switch imports dropped slightly to $22M in 2022. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of $23M, and then dropped slightly in the following year.
| Import of Electrical Push-Button and Rotary Switch in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.4 | 5.6 | 7.9 | 9.9 | 10.2% |
| China | 3.3 | 2.4 | 3.2 | 3.4 | 1.0% |
| Mexico | 4.9 | 3.0 | 5.4 | 3.2 | -13.2% |
| Colombia | 1.0 | 0.5 | 1.2 | 1.4 | 11.9% |
| Taiwan (Chinese) | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| France | 0.7 | 0.2 | 0.4 | 0.4 | -17.0% |
| Others | 3.4 | 3.0 | 4.1 | 3.2 | -2.0% |
| Total | 20.9 | 14.9 | 22.6 | 21.9 | 1.6% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Costa Rica in 2022:
- United States (18.6M units)
- China (8.6M units)
- Mexico (5.0M units)
- Colombia (3.9M units)
- Taiwan (Chinese) (1.1M units)
- France (0.4M units)
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