Costa Rica: Threaded Copper Articles Market 2025

Threaded Copper Articles Market Size in Costa Rica

The Costa Rican threaded copper articles market reduced to $X in 2022, dropping by -8.3% against the previous year. Over the period under review, consumption showed a deep setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Threaded Copper Articles Production in Costa Rica

In value terms, threaded copper articles production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Threaded copper articles production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Threaded Copper Articles Exports

Exports from Costa Rica

In 2022, exports of threaded articles of copper from Costa Rica rose notably to X tons, increasing by 14% compared with 2021. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2014 with an increase of 943%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, threaded copper articles exports surged to $X in 2022. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2014 when exports increased by 683% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X kg), Canada (X kg) and the United States (X kg) were the main destinations of threaded copper articles exports from Costa Rica, with a combined 79% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +96.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for threaded copper articles exported from Costa Rica were Russia ($X), Canada ($X) and the United States ($X), together comprising 78% of total exports.

In terms of the main countries of destination, Canada, with a CAGR of +128.8%, saw the highest growth rate of 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 threaded copper articles export price stood at $X per ton in 2022, jumping by 27% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 85%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Panama ($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 Malaysia (+84.2%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Copper Articles Imports

Imports into Costa Rica

In 2022, the amount of threaded articles of copper imported into Costa Rica shrank remarkably to X tons, which is down by -50.8% compared with the year before. Over the period under review, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 318%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, threaded copper articles imports declined dramatically to $X in 2022. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 330% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia (X tons), Japan (X kg) and China (X kg) were the main suppliers of threaded copper articles imports to Costa Rica, together accounting for 70% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +76.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of threaded articles of copper to Costa Rica, comprising 64% of total imports. The second position in the ranking was held by the United States ($X), with a 9.6% share of total imports. It was followed by Malaysia, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value from Japan amounted to +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-19.8% per year) and Malaysia (+28.1% per year).

Import Prices by Country

In 2022, the average threaded copper articles import price amounted to $X per ton, jumping by 27% against the previous year. Over the period under review, the import price showed a prominent expansion. The growth pace was the most rapid in 2015 when the average import price increased by 75%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform