Price for Copper Plates, Sheets and Strip in Costa Rica - 2022

Contents:

  1. Price for Copper Plates, Sheets and Strip in Costa Rica (CIF) - 2022
  2. Price for Copper Plates, Sheets and Strip in Costa Rica (FOB) - 2022
  3. Imports of Copper Plates, Sheets and Strip in Costa Rica
  4. Exports of Copper Plates, Sheets and Strip in Costa Rica

Price for Copper Plates, Sheets and Strip in Costa Rica (CIF) - 2022

The average import price for copper plates, sheets and strips stood at $14,736 per ton in 2022, waning by -2.4% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip import price increased by +20.2% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 39%. Over the period under review, average import prices hit record highs at $15,097 per ton in 2021, and then fell modestly in the following year.

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 Germany ($28,822 per ton), while the price for Taiwan (Chinese) ($7,884 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Costa Rica (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $5,830 per ton in 2022, which is down by -34.6% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices attained the peak figure at $11,498 per ton in 2012; however, from 2013 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 Nicaragua ($20,890 per ton), while the average price for exports to Panama ($4,369 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 Nicaragua (+12.5%), while the prices for the other major destinations experienced a decline.

Imports of Copper Plates, Sheets and Strip in Costa Rica

In 2022, after three years of growth, there was significant decline in purchases abroad of copper plates, sheets and strips, when their volume decreased by -33.6% to 125 tons. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of 189 tons, and then shrank dramatically in the following year.

In value terms, copper plates, sheets and strip imports fell remarkably to $1.8M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 125%. As a result, imports attained the peak of $2.8M, and then dropped significantly in the following year.

Import of Copper Plates, Sheets and Strip in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5776102,3211,16726.5%
Peru2.0175235211372.5%
Mexico183113135144-7.7%
Germany8.22.030.3139156.9%
Taiwan (Chinese)4.312.381.761.8143.1%
China7.377.321.547.987.2%
Others15927925.274.8-22.2%
Total9401,2682,8501,84625.2%

Top Suppliers of Copper Plates, Sheets and Strip to Costa Rica in 2022:

  1. United States (72.5 tons)
  2. Peru (21.0 tons)
  3. Mexico (12.4 tons)
  4. Taiwan (Chinese) (7.8 tons)
  5. Germany (4.8 tons)
  6. China (3.9 tons)

Exports of Copper Plates, Sheets and Strip in Costa Rica

In 2022, shipments abroad of copper plates, sheets and strips decreased by -33% to 2.2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 224%. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, copper plates, sheets and strip exports shrank rapidly to $13K in 2022. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 223% against the previous year. As a result, the exports attained the peak of $151K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Copper Plates, Sheets and Strip in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama7.05.38.38.04.6%
Nicaragua5.526.67.23.0-18.3%
United States34.411713.11.6-64.0%
OthersN/A1.90.4N/A-78.9%
Total46.815129.012.7-35.3%

Top Export Markets for Copper Plates, Sheets and Strip from Costa Rica in 2022:

  1. Panama (1837.0 kg)
  2. United States (191.0 kg)
  3. Nicaragua (146.0 kg)

Source: IndexBox Market Intelligence Platform

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