Costa Rica: Aluminium Alloy Tube Market 2025

Aluminium Alloy Tube Market Size in Costa Rica

The Costa Rican aluminium alloy tube market rose markedly to $X in 2022, picking up by 5.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a deep downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Alloy Tube Exports

Exports from Costa Rica

In 2022, the amount of aluminium alloy tubes and pipes exported from Costa Rica surged to X tons, rising by 25% against 2021 figures. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 324% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium alloy tube exports skyrocketed to $X in 2022. Overall, exports, however, saw a noticeable descent. The growth pace was the most rapid in 2017 with an increase of 317%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X tons), the United States (X tons) and Honduras (X kg) were the main destinations of aluminium alloy tube exports from Costa Rica.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +5.6%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Panama ($X) and Honduras ($X) appeared to be the largest markets for aluminium alloy tube exported from Costa Rica worldwide, with a combined 99.9% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +3.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average aluminium alloy tube export price amounted to $X per ton, declining by -7% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 32% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Panama ($X 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 Brazil (+1.8%), while the prices for the other major destinations experienced a decline.

Aluminium Alloy Tube Imports

Imports into Costa Rica

In 2022, the amount of aluminium alloy tubes and pipes imported into Costa Rica skyrocketed to X tons, growing by 22% compared with the year before. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 33%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium alloy tube imports stood at $X in 2022. Overall, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 23% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest aluminium alloy tube supplier to Costa Rica, accounting for a 40% share of total imports. Moreover, aluminium alloy tube imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. The third position in this ranking was held by China (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+12.1% per year) and China (-1.9% per year).

In value terms, the United States ($X) constituted the largest supplier of aluminium alloy tubes and pipes to Costa Rica, comprising 52% of total imports. The second position in the ranking was held by Malaysia ($X), with an 11% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+114.4% per year) and China (-3.5% per year).

Import Prices by Country

In 2022, the average aluminium alloy tube import price amounted to $X per ton, declining by -16.9% against the previous year. Overall, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 an increase of 25%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood 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 Italy ($X per ton), while the price for Mexico ($X 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 (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform