Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica - 2022

Contents:

  1. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica (CIF) - 2022
  2. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica (FOB) - 2022
  3. Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica
  4. Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica (CIF) - 2022

In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $29,389 per ton, with a decrease of -5.9% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 91%. The import price peaked at $33,475 per ton in 2019; however, from 2020 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 the United States ($66,456 per ton), while the price for Brazil ($7,190 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 (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica (FOB) - 2022

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $50,626 per ton, growing by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +5.8%. The pace of growth was the most pronounced in 2013 an increase of 29%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($123,530 per ton), while the average price for exports to Panama ($10,510 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+51.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica

In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Costa Rica was estimated at 1.8K tons, increasing by 4% compared with the previous year. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors contracted to $50M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.028.540.626.09.1%
China5.417.09.715.341.5%
Mexico0.71.31.22.246.5%
Hong Kong SAR3.32.71.52.2-12.6%
Taiwan (Chinese)0.82.50.70.80.0%
Brazil0.4N/A0.50.614.5%
Panama0.20.30.20.426.0%
Others9.12.21.42.4-35.9%
Total40.054.555.949.97.6%

Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Costa Rica in 2022:

  1. China (821.9 tons)
  2. United States (391.3 tons)
  3. Mexico (229.9 tons)
  4. Hong Kong SAR (106.6 tons)
  5. Brazil (84.9 tons)
  6. Taiwan (Chinese) (48.0 tons)
  7. Panama (37.3 tons)

Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica

In 2022, approx. 556 tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were exported from Costa Rica; waning by -57.9% compared with the previous year's figure. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 108% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then fell remarkably in the following year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors contracted markedly to $27M in 2022. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. As a result, the exports attained the peak of $65M, and then contracted remarkably in the following year.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States30.124.049.017.8-16.1%
Mexico5.03.010.43.0-15.7%
ChinaN/A1.20.71.719.0%
ThailandN/AN/A0.41.2200.0%
PanamaN/A0.10.60.373.2%
El Salvador0.10.20.30.10.0%
NicaraguaN/A0.10.9N/A800.0%
Others2.01.52.62.69.1%
Total37.430.164.826.7-10.6%

Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Costa Rica in 2022:

  1. United States (379.6 tons)
  2. Mexico (52.1 tons)
  3. Thailand (29.2 tons)
  4. Panama (26.0 tons)
  5. China (13.5 tons)
  6. El Salvador (7.2 tons)
  7. Nicaragua (2.4 tons)

Source: IndexBox Market Intelligence Platform

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