Files and Rasps Price in Costa Rica - 2022

Contents:

  1. Files and Rasps Price in Costa Rica (CIF) - 2022
  2. Files and Rasps Price in Costa Rica (FOB) - 2022
  3. Files and Rasps Imports in Costa Rica
  4. Files and Rasps Exports in Costa Rica

Files and Rasps Price in Costa Rica (CIF) - 2022

The average files and rasps import price stood at $13 per unit in 2022, rising by 5.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2016 when the average import price increased by 16% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($26 per unit), while the price for Guatemala ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Files and Rasps Price in Costa Rica (FOB) - 2022

In 2022, the average files and rasps export price amounted to $127 per unit, jumping by 991% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($150 per unit), while the average price for exports to Nicaragua ($3 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 El Salvador (+2,837.5%), while the prices for the other major destinations experienced mixed trend patterns.

Files and Rasps Imports in Costa Rica

After three years of growth, purchases abroad of files, rasps and similar tools decreased by -11.4% to 86K units in 2022. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 97K units, and then fell in the following year.

In value terms, files and rasps imports shrank to $1.1M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $1.2M, and then declined in the following year.

Import of Files and Rasps in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico256200363223-4.5%
Switzerland13284.617722018.6%
China65.012917320045.4%
Brazil72.714769.116932.5%
United States72.698.914110513.1%
India63.754.659.631.2-21.2%
Germany7.336.439.028.858.0%
CanadaN/A0.216.226.71055.4%
Panama9.69.310.525.839.0%
Colombia32.933.244.623.2-11.0%
GuatemalaN/AN/AN/A14.40%
Taiwan (Chinese)12.310.828.412.81.3%
El Salvador60.44.90.3N/A-93.0%
Others84.030.983.141.2-21.1%
Total8698401,2041,1228.9%

Top Suppliers of Files and Rasps to Costa Rica in 2022:

  1. China (25.3K units)
  2. Mexico (18.3K units)
  3. Switzerland (11.3K units)
  4. Brazil (6.5K units)
  5. United States (5.6K units)
  6. India (3.6K units)
  7. Colombia (3.2K units)
  8. Guatemala (2.7K units)
  9. Panama (2.3K units)
  10. Canada (1.9K units)
  11. Taiwan (Chinese) (1.6K units)
  12. Germany (1.5K units)

Files and Rasps Exports in Costa Rica

In 2022, approx. 52 units of files, rasps and similar tools were exported from Costa Rica; waning by -89% on the previous year. Over the period under review, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 743% against the previous year. As a result, the exports attained the peak of 472 units, and then dropped markedly in the following year.

In value terms, files and rasps exports soared to $6.6K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 784%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Files and Rasps in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A5.80%
El SalvadorN/AN/AN/A0.70%
NicaraguaN/AN/AN/AN/A0%
Dominican RepublicN/AN/AN/AN/A0%
Guatemala3.20.45.0N/A25.0%
PanamaN/AN/AN/AN/A0%
PakistanN/AN/AN/AN/A0%
OthersN/A0.20.4N/A100.0%
Total3.20.65.56.627.3%

Top Export Markets for Files and Rasps from Costa Rica in 2022:

  1. United States (39.0 units)
  2. El Salvador (8.0 units)
  3. Nicaragua (3.0 units)
  4. Pakistan (1.0 units)
  5. Panama (1.0 units)

Source: IndexBox Market Intelligence Platform

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