Price for Copper Alloy Tube or Pipe Fitting in Costa Rica - 2022

Contents:

  1. Price for Copper Alloy Tube or Pipe Fitting in Costa Rica (CIF) - 2022
  2. Price for Copper Alloy Tube or Pipe Fitting in Costa Rica (FOB) - 2022
  3. Imports of Copper Alloy Tube or Pipe Fitting in Costa Rica
  4. Exports of Copper Alloy Tube or Pipe Fitting in Costa Rica

Price for Copper Alloy Tube or Pipe Fitting in Costa Rica (CIF) - 2022

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $16,483 per ton in 2022, picking up by 15% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2016 when the average import price increased by 18%. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($30,477 per ton), while the price for China ($12,539 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Costa Rica (FOB) - 2022

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $43,941 per ton in 2022, growing by 20% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 24%. Over the period under review, the average export prices reached the maximum at $54,761 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($48,061 per ton), while the average price for exports to the Dominican Republic ($6,679 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 Venezuela (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Costa Rica

In 2022, purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -2.6% to 182 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 193%. As a result, imports attained the peak of 198 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys expanded notably to $3M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 168% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Copper Alloy Tube or Pipe Fitting in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4128118671,08638.1%
United States2539629801,00858.5%
Mexico82.321521129553.0%
Germany51.513213815143.1%
Italy7.144.484.2134166.2%
South Korea7.748.030.1106139.7%
Taiwan (Chinese)45.184.010680.221.2%
Others54.615226813936.5%
Total9132,4492,6842,99848.6%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Costa Rica in 2022:

  1. China (86.6 tons)
  2. United States (48.5 tons)
  3. Mexico (19.6 tons)
  4. Italy (8.4 tons)
  5. South Korea (5.4 tons)
  6. Germany (5.0 tons)
  7. Taiwan (Chinese) (4.1 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Costa Rica

Exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from Costa Rica surged to 31 tons in 2022, growing by 136% on the year before. Over the period under review, exports, however, continue to indicate a abrupt contraction.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys surged to $1.4M in 2022. Overall, exports, however, saw a abrupt setback.

Export of Copper Alloy Tube or Pipe Fitting in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,6435613571,195-10.1%
Nicaragua18.022.530.465.954.1%
Panama12.77.214.717.010.2%
Dominican Republic10.60.55.45.5-19.6%
Honduras2.40.969.22.1-4.4%
Netherlands22.4N/AN/AN/A0%
Others1.11.30.366.4292.3%
Total1,7105944771,352-7.5%

Top Export Markets for Copper Alloy Tube or Pipe Fitting from Costa Rica in 2022:

  1. United States (24.9 tons)
  2. Nicaragua (2.8 tons)
  3. Panama (1.6 tons)
  4. Dominican Republic (0.8 tons)
  5. Honduras (0.1 tons)

Source: IndexBox Market Intelligence Platform

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