Report Update Feb 1, 2025

Costa Rica - Refined Copper (Unwrought, not Alloyed) - Market Analysis, Forecast, Size, Trends and Insights

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Costa Rica: Refined Copper Market 2025

Refined Copper Market Size in Costa Rica

The Costa Rican refined copper market stood at $X in 2022, with an increase of 5.1% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Refined copper consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Refined Copper Production in Costa Rica

In value terms, refined copper production expanded markedly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 85%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Refined Copper Exports

Exports from Costa Rica

In 2022, overseas shipments of refined copper (unwrought, not alloyed) were finally on the rise to reach X tons after three years of decline. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 488%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, refined copper exports soared to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 813%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

China (X tons) was the main destination for refined copper exports from Costa Rica, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +62.4%.

In value terms, China ($X) also remains the key foreign market for refined copper (unwrought, not alloyed) exports from Costa Rica.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +59.2%.

Export Prices by Country

The average refined copper export price stood at $X per ton in 2022, which is down by -7.1% against the previous year. Over the period under review, the export price showed a mild slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 55%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.9% per year.

Refined Copper Imports

Imports into Costa Rica

For the third year in a row, Costa Rica recorded decline in supplies from abroad of refined copper (unwrought, not alloyed), which decreased by -44.3% to X kg in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 93% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, refined copper imports contracted notably to $X in 2022. Overall, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2017 with an increase of 239%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X kg) constituted the largest supplier of refined copper to Costa Rica, accounting for a 64% share of total imports. Moreover, refined copper imports from the United States exceeded the figures recorded by the second-largest supplier, France (X kg), fourfold. The third position in this ranking was held by Germany (X kg), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-37.9% per year) and Germany (+10.5% per year).

In value terms, the United States ($X) constituted the largest supplier of refined copper (unwrought, not alloyed) to Costa Rica, comprising 83% of total imports. The second position in the ranking was held by Germany ($X), with a 9.1% share of total imports. It was followed by France, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.2% per year) and France (-44.7% per year).

Import Prices by Country

In 2022, the average refined copper import price amounted to $X per ton, reducing by -1.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 139%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Mexico ($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 (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the refined copper market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24441330 - Unwrought unalloyed refined copper (excluding rolled, e xtruded or forged sintered products)

Country coverage:

Costa Rica

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Costa Rica
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024