Electric Filament Lamp Price in Costa Rica - 2022

Electric Filament Lamp Price in Costa Rica (CIF) - 2022

The average electric filament lamp import price stood at $0.5 per unit in 2022, picking up by 39% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2014 an increase of 40% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1.4 per unit), while the price for Panama ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Filament Lamp Price in Costa Rica (FOB) - 2022

In 2022, the average electric filament lamp export price amounted to $0.3 per unit, flattening at the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 134%. Over the period under review, the average export prices reached the peak figure at $1.7 per unit in 2013; however, from 2014 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 the United States ($0.6 per unit), while the average price for exports to Mexico ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Filament Lamp Imports in Costa Rica

Electric filament lamp imports into Costa Rica declined significantly to 5.1M units in 2022, falling by -36.2% on 2021 figures. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of 8M units, and then shrank remarkably in the following year.

In value terms, electric filament lamp imports contracted to $2.5M in 2022. Over the period under review, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $2.8M, and then fell in the following year.

Import of Electric Filament Lamp in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	576	464	740	807	11.9%
China	832	614	1,082	630	-8.9%
India	626	326	408	385	-15.0%
Germany	264	174	201	252	-1.5%
Taiwan (Chinese)	32.4	81.6	54.6	103	47.0%
Panama	65.0	83.8	29.1	17.9	-34.9%
Others	257	196	329	329	8.6%
Total	2,652	1,938	2,843	2,524	-1.6%

Top Suppliers of Electric Filament Lamp to Costa Rica in 2022:

China (2131.7K units)
United States (1337.9K units)
India (598.1K units)
Taiwan (Chinese) (238.1K units)
Germany (175.9K units)
Panama (89.1K units)

Electric Filament Lamp Exports in Costa Rica

In 2022, shipments abroad of electric filament lamps was finally on the rise to reach 68K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decrease. The exports peaked at 87K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric filament lamp exports surged to $19K in 2022. Overall, exports, however, continue to indicate a deep contraction. Over the period under review, the exports hit record highs at $33K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Filament Lamp in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Nicaragua	3.0	9.3	1.0	6.6	30.1%
Dominican Republic	1.7	0.8	2.7	5.8	50.5%
United States	3.3	0.9	9.0	2.7	-6.5%
Venezuela	N/A	N/A	N/A	1.7	0%
Guatemala	18.9	1.9	0.2	0.9	-63.8%
Honduras	1.4	0.6	0.1	0.4	-34.1%
Panama	2.5	0.8	0.2	0.4	-45.7%
Others	2.4	4.3	0.5	0.2	-56.3%
Total	33.2	18.5	13.7	18.8	-17.3%