Costa Rica: Metal Flexible Tubing Market 2025

Metal Flexible Tubing Market Size in Costa Rica

In 2022, the Costa Rican metal flexible tubing market decreased by X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Metal Flexible Tubing Exports

Exports from Costa Rica

In 2022, after two years of growth, there was significant decline in shipments abroad of iron or steel flexible tubing, when their volume decreased by X% to X tons. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, metal flexible tubing exports fell sharply to $X in 2022. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nicaragua (X tons) was the main destination for metal flexible tubing exports from Costa Rica, accounting for a X% share of total exports. Moreover, metal flexible tubing exports to Nicaragua exceeded the volume sent to the second major destination, Panama (X kg), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nicaragua amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and El Salvador (X% per year).

In value terms, the largest markets for metal flexible tubing exported from Costa Rica were Nicaragua ($X), Panama ($X) and El Salvador ($X), with a combined X% share of total exports.

Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal flexible tubing export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X 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 Panama ($X per ton), while the average price for exports to Nicaragua ($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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Flexible Tubing Imports

Imports into Costa Rica

In 2022, overseas purchases of iron or steel flexible tubing increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, metal flexible tubing imports dropped remarkably to $X in 2022. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal flexible tubing to Costa Rica, accounting for a X% share of total imports. Moreover, metal flexible tubing imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was taken by Colombia (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Colombia (X% per year).

In value terms, the United States ($X), China ($X) and Mexico ($X) appeared to be the largest metal flexible tubing suppliers to Costa Rica, with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal flexible tubing import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, posted a measured increase. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Colombia ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform