Costa Rica: Metal Letter Clip Market 2025

Metal Letter Clip Market Size in Costa Rica

The Costa Rican metal letter clip market dropped rapidly to $X in 2022, waning by -34.1% 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 recorded a abrupt downturn. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Letter Clip Exports

Exports from Costa Rica

In 2022, after three years of growth, there was significant decline in shipments abroad of letter clips, letter corners of base metal, when their volume decreased by -30.5% to X tons. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 640%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell rapidly in the following year.

In value terms, metal letter clip exports contracted dramatically to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2016 with an increase of 606% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Guatemala (X tons), Nicaragua (X tons) and the Dominican Republic (X tons) were the main destinations of metal letter clip exports from Costa Rica, together accounting for 76% of total exports.

From 2012 to 2022, the biggest increases were recorded for Nicaragua (with a CAGR of +117.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), Nicaragua ($X) and El Salvador ($X) were the largest markets for metal letter clip exported from Costa Rica worldwide, together comprising 70% of total exports.

In terms of the main countries of destination, Nicaragua, with a CAGR of +119.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal letter clip export price stood at $X per ton in 2022, dropping by -3.8% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 31% against the previous year. The export price peaked at $X 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 Panama ($X per ton), while the average price for exports to the Dominican Republic ($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 Guatemala (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Letter Clip Imports

Imports into Costa Rica

In 2022, approx. X tons of letter clips, letter corners of base metal were imported into Costa Rica; declining by -30.5% compared with 2021 figures. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 372% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, metal letter clip imports reduced markedly to $X in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 347%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest metal letter clip supplier to Costa Rica, accounting for a 69% share of total imports. Moreover, metal letter clip imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Mexico (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.1% per year) and Mexico (-16.5% per year).

In value terms, China ($X) constituted the largest supplier of letter clips, letter corners of base metal to Costa Rica, comprising 62% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-17.3% per year) and Taiwan (Chinese) (-1.3% per year).

Import Prices by Country

In 2022, the average metal letter clip import price amounted to $X per ton, dropping by -6.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform