Price for Refined Copper Tube and Pipe in Costa Rica - 2022

Contents:

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

Price for Refined Copper Tube and Pipe in Costa Rica (CIF) - 2022

In 2022, the average import price for tubes and pipes of refined copper amounted to $10,525 per ton, increasing by 2.4% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +46.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 43%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($16,316 per ton), while the price for Panama ($8,301 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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refined Copper Tube and Pipe in Costa Rica (FOB) - 2022

In 2022, the average export price for tubes and pipes of refined copper amounted to $14,748 per ton, with a decrease of -4.2% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe export price increased by +58.8% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum at $15,399 per ton in 2021, and then contracted modestly in the following year.

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 Panama ($17,476 per ton), while the average price for exports to Guatemala ($7,175 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 (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refined Copper Tube and Pipe in Costa Rica

Refined copper tube and pipe imports into Costa Rica soared to 301 tons in 2022, growing by 61% on the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, refined copper tube and pipe imports skyrocketed to $3.2M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Refined Copper Tube and Pipe in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1,1391,3011,1232,39228.1%
China45244566663211.8%
Panama7.6N/AN/A78.6117.9%
Others63.817.213767.72.0%
Total1,6621,7631,9263,17024.0%

Top Suppliers of Refined Copper Tube and Pipe to Costa Rica in 2022:

  1. Mexico (230.0 tons)
  2. China (57.2 tons)
  3. Panama (9.5 tons)

Exports of Refined Copper Tube and Pipe in Costa Rica

In 2022, approx. 28 tons of tubes and pipes of refined copper were exported from Costa Rica; jumping by 158% against 2021. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined copper tube and pipe exports surged to $414K in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Refined Copper Tube and Pipe in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua83.411313521436.9%
PanamaN/A53.132.610439.9%
El SalvadorN/AN/AN/A27.20%
ColombiaN/AN/AN/A18.40%
GuatemalaN/AN/AN/A8.80%
OthersN/AN/AN/A41.80%
Total83.416616841470.6%

Top Export Markets for Refined Copper Tube and Pipe from Costa Rica in 2022:

  1. Nicaragua (13.3 tons)
  2. Panama (5.9 tons)
  3. El Salvador (3.4 tons)
  4. Colombia (2.0 tons)
  5. Guatemala (1.2 tons)

Source: IndexBox Market Intelligence Platform

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