Costa Rica: Electricity Supply Meter Market 2025

Electricity Supply Meter Market Size in Costa Rica

The Costa Rican electricity supply meter market surged to $X in 2022, growing by X% 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). Overall, consumption posted significant growth. Electricity supply meter consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Electricity Supply Meter Exports

Exports from Costa Rica

In 2022, shipments abroad of electricity supply or production meters increased by X% to X units for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, electricity supply meter exports skyrocketed to $X in 2022. In general, exports, however, recorded a sharp curtailment. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for electricity supply meter exports from Costa Rica, accounting for a X% share of total exports. Moreover, electricity supply meter exports to the United States exceeded the volume sent to the second major destination, Mexico (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Panama (X% per year).

In value terms, the United States ($X) remains the key foreign market for electricity supply or production meters exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Mexico (X% per year).

Export Prices by Country

The average electricity supply meter export price stood at $X per unit in 2022, falling by X% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electricity supply meter export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electricity Supply Meter Imports

Imports into Costa Rica

In 2022, imports of electricity supply or production meters into Costa Rica soared to X units, picking up by X% against the previous year. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electricity supply meter imports skyrocketed to $X in 2022. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X units) constituted the largest electricity supply meter supplier to Costa Rica, accounting for a X% share of total imports. Moreover, electricity supply meter imports from Mexico exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume from Mexico totaled X%.

In value terms, Mexico ($X) constituted the largest supplier of electricity supply or production meters to Costa Rica, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico totaled X%.

Import Prices by Country

The average electricity supply meter import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Mexico stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform