Price for Winding Wire of Copper in Costa Rica - 2022

Contents:

  1. Price for Winding Wire of Copper in Costa Rica (CIF) - 2022
  2. Price for Winding Wire of Copper in Costa Rica (FOB) - 2022
  3. Imports of Winding Wire of Copper in Costa Rica
  4. Exports of Winding Wire of Copper in Costa Rica

Price for Winding Wire of Copper in Costa Rica (CIF) - 2022

The average winding wire of copper import price stood at $5,942 per ton in 2022, dropping by -29.9% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 172%. As a result, import price reached the peak level of $15,782 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 ($11,649 per ton), while the price for Vietnam ($3,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Winding Wire of Copper in Costa Rica (FOB) - 2022

In 2022, the average winding wire of copper export price amounted to $33,669 per ton, picking up by 3.2% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 255% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 Malaysia ($60,640 per ton), while the average price for exports to Mexico ($364 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 Sweden (+59.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winding Wire of Copper in Costa Rica

In 2022, the amount of winding wire of coppers imported into Costa Rica skyrocketed to 1.9K tons, increasing by 105% compared with the previous year. In general, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, winding wire of copper imports skyrocketed to $11M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 decreased by -8.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 85%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Winding Wire of Copper in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.77.85.46.813.1%
Mexico1.31.81.51.54.9%
VietnamN/AN/AN/A1.50%
GermanyN/A0.1N/A0.6144.9%
China0.20.20.30.426.0%
United Kingdom0.30.80.50.30.0%
Colombia0.10.1N/A0.10.0%
Others0.11.90.10.344.2%
Total6.812.67.911.519.1%

Top Suppliers of Winding Wire of Copper to Costa Rica in 2022:

  1. United States (583.8 tons)
  2. Vietnam (499.2 tons)
  3. Mexico (473.4 tons)
  4. Germany (129.0 tons)
  5. China (124.7 tons)
  6. United Kingdom (51.0 tons)
  7. Colombia (28.0 tons)

Exports of Winding Wire of Copper in Costa Rica

Winding wire of copper exports from Costa Rica skyrocketed to 801 kg in 2022, with an increase of 68% against 2021. Overall, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 102%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, winding wire of copper exports soared to $28K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 402%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Winding Wire of Copper in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.30.810.923.8163.6%
Dominican Republic0.71.21.22.450.8%
Philippines4.80.82.71.4-33.7%
United States0.40.10.40.40.0%
MexicoN/AN/AN/AN/A0%
Others0.50.10.30.3-15.7%
Total7.83.115.628.153.3%

Top Export Markets for Winding Wire of Copper from Costa Rica in 2022:

  1. Malaysia (392.0 kg)
  2. Dominican Republic (172.0 kg)
  3. Philippines (164.0 kg)
  4. United States (29.0 kg)
  5. Mexico (22.0 kg)

Source: IndexBox Market Intelligence Platform

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