Electric Rotary Converter Price in Costa Rica - 2022

Contents:

  1. Electric Rotary Converter Price in Costa Rica (CIF) - 2022
  2. Electric Rotary Converter Price in Costa Rica (FOB) - 2022
  3. Electric Rotary Converter Imports in Costa Rica
  4. Electric Rotary Converter Exports in Costa Rica

Electric Rotary Converter Price in Costa Rica (CIF) - 2022

The average electric rotary converter import price stood at $567 per unit in 2022, waning by -7.8% against the previous year. Over the period under review, the import price, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 221%. The import price peaked at $1,016 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Italy ($5,128 per unit), while the price for Belgium ($120 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+192.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Rotary Converter Price in Costa Rica (FOB) - 2022

In 2022, the average electric rotary converter export price amounted to $121 per unit, picking up by 89% against the previous year. Overall, the export price saw a moderate expansion. The pace of growth was the most pronounced in 2013 an increase of 205% against the previous year. The export price peaked at $531 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($120 per unit), while the average price for exports to Panama totaled $113 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+4.6%).

Electric Rotary Converter Imports in Costa Rica

In 2022, purchases abroad of electric rotary converters increased by 258% to 118 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep downturn. Imports peaked at 187 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electric rotary converter imports soared to $67K in 2022. In general, imports, however, saw a sharp contraction. Imports peaked at $172K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Rotary Converter in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.061.52.319.2-14.8%
China51.93.31.58.5-45.3%
Belgium11.17.62.47.2-13.4%
Germany27.810.41.36.8-37.5%
Mexico12.77.11.94.8-27.7%
Japan5.53.81.23.5-14.0%
Hong Kong SAR0.81.01.43.563.6%
United Kingdom6.74.11.13.0-23.5%
Colombia1.81.50.51.2-12.6%
Others22.413.57.09.4-25.1%
Total17211420.567.1-26.9%

Top Suppliers of Electric Rotary Converter to Costa Rica in 2022:

  1. Belgium (60.0 units)
  2. China (25.0 units)
  3. United States (19.0 units)
  4. Hong Kong SAR (3.0 units)
  5. Mexico (2.0 units)
  6. Japan (2.0 units)
  7. Germany (2.0 units)
  8. Colombia (2.0 units)
  9. United Kingdom (1.0 units)

Electric Rotary Converter Exports in Costa Rica

In 2022, after three years of growth, there was significant decline in overseas shipments of electric rotary converters, when their volume decreased by -61.8% to 13 units. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 467%. As a result, the exports attained the peak of 34 units, and then fell remarkably in the following year.

In value terms, electric rotary converter exports fell rapidly to $1.6K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. As a result, the exports attained the peak of $2.2K, and then fell rapidly in the following year.

Export of Electric Rotary Converter in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala4519301,8521,55851.2%
CanadaN/AN/A201N/A0%
Others49.070.010420.0-25.8%
Total5001,0002,1571,57846.7%

Top Export Markets for Electric Rotary Converter from Costa Rica in 2022:

  1. Guatemala (13.0 units)

Source: IndexBox Market Intelligence Platform

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