Price for Winding Wire, Other than of Copper in Costa Rica - 2022

Contents:

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

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

The average import price for winding wire, other than of coppers stood at $17,860 per ton in 2022, increasing by 23% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 winding wire, other than of coppers increased by +70.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 76% against the previous year. As a result, import price attained the peak level of $20,397 per ton. From 2014 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 ($17,573 per ton), while the price for China ($6,017 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for winding wire, other than of coppers stood at $24,363 per ton in 2022, growing by 24% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 131% against the previous year. The export price peaked at $77,461 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($25,676 per ton), while the average price for exports to Nicaragua ($1,382 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 Panama (-2.9%), while the prices for the other major destinations experienced a decline.

Imports of Winding Wire, Other than of Copper in Costa Rica

In 2022, approx. 22 tons of winding wire, other than of coppers were imported into Costa Rica; waning by -7% on the previous year's figure. In general, imports recorded a sharp decline.

In value terms, imports of winding wire, other than of coppers expanded markedly to $391K in 2022. Overall, imports saw a sharp decrease.

Import of Winding Wire, Other than of Copper in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,8851,010275370-41.9%
China50.210656.33.5-58.8%
Others6.018.011.017.141.8%
Total1,9411,134342391-41.4%

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

  1. United States (21.1 tons)
  2. China (0.6 tons)

Exports of Winding Wire, Other than of Copper in Costa Rica

In 2022, shipments abroad of winding wire, other than of coppers decreased by -19% to 4.9 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 147%. As a result, the exports attained the peak of 15 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of winding wire, other than of coppers soared to $122K in 2022. Overall, exports saw a abrupt shrinkage.

Export of Winding Wire, Other than of Copper in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14821196.4119-7.0%
Panama0.10.70.21.8162.1%
IrelandN/AN/AN/A0.90%
NicaraguaN/AN/A1.50.1-93.3%
Others70.2N/A0.60.2-85.8%
Total21821298.7122-17.6%

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

  1. United States (4632.0 kg)
  2. Panama (104.0 kg)
  3. Ireland (82.0 kg)
  4. Nicaragua (76.0 kg)

Source: IndexBox Market Intelligence Platform

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