Costa Rica: Moulds For Metal Market 2025

Moulds For Metal Market Size in Costa Rica

The Costa Rican moulds for metal market rose modestly to $X in 2022, with an increase of 5% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Moulds For Metal Production in Costa Rica

In value terms, moulds for metal production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 44%. Moulds for metal production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Moulds For Metal Exports

Exports from Costa Rica

In 2022, shipments abroad of moulds for metals increased by 1.6% to X tons, rising for the second consecutive year after four years of decline. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 178%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, moulds for metal exports amounted to $X in 2022. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 197% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for moulds for metal exports from Costa Rica, with a 88% share of total exports. Moreover, moulds for metal exports to the United States exceeded the volume sent to the second major destination, Honduras (X tons), more than tenfold. Mexico (X kg) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +39.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+2.3% per year) and Mexico (-24.9% per year).

In value terms, the United States ($X) remains the key foreign market for moulds for metals exports from Costa Rica, comprising 95% of total exports. The second position in the ranking was held by Honduras ($X), with a 1.6% share of total exports. It was followed by Nicaragua, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +51.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+1.2% per year) and Nicaragua (+25.1% per year).

Export Prices by Country

The average moulds for metal export price stood at $X per ton in 2022, flattening at the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulds for metal export price decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 41%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign 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 Nicaragua (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.

Moulds For Metal Imports

Imports into Costa Rica

In 2022, the amount of moulds for metals imported into Costa Rica skyrocketed to X tons, rising by 22% against the year before. Over the period under review, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 788%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, moulds for metal imports surged to $X in 2022. Overall, imports, however, showed a noticeable slump. The growth pace was the most rapid in 2016 with an increase of 586% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of moulds for metal to Costa Rica, accounting for a 45% share of total imports. Moreover, moulds for metal imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. China (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+17.0% per year) and China (-4.1% per year).

In value terms, the United States ($X) constituted the largest supplier of moulds for metals to Costa Rica, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with a 10% share of total imports. It was followed by Portugal, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.1% per year) and Portugal (-10.7% per year).

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, picking up by 30% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulds for metal import price increased by +104.2% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 93%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual 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 Portugal ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform