Costa Rica - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Bakery Machinery Price in Costa Rica - 2022
Contents:
- Industrial Bakery Machinery Price in Costa Rica (CIF) - 2022
- Industrial Bakery Machinery Price in Costa Rica (FOB) - 2022
- Industrial Bakery Machinery Imports in Costa Rica
- Industrial Bakery Machinery Exports in Costa Rica
Industrial Bakery Machinery Price in Costa Rica (CIF) - 2022
In 2022, the average industrial bakery machinery import price amounted to $21,120 per unit, picking up by 34% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 34%. Over the period under review, average import prices reached the maximum at $24,936 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($55,621 per unit), while the price for Canada ($5,942 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Bakery Machinery Price in Costa Rica (FOB) - 2022
The average industrial bakery machinery export price stood at $81 per unit in 2022, falling by -99.2% against the previous year. Overall, the export price showed a precipitous decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 55%. Over the period under review, the average export prices reached the peak figure at $26,747 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($250 per unit), while the average price for exports to China ($5 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 Colombia (+94.6%), while the prices for the other major destinations experienced a decline.
Industrial Bakery Machinery Imports in Costa Rica
Industrial bakery machinery imports into Costa Rica soared to 131 units in 2022, jumping by 58% on 2021. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 169%. As a result, imports attained the peak of 291 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, industrial bakery machinery imports skyrocketed to $2.8M in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 157%. As a result, imports attained the peak of $6.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Industrial Bakery Machinery in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 737 | 621 | 150 | 1,022 | 11.5% |
| Italy | 73.5 | 3,837 | 203 | 426 | 79.6% |
| China | 216 | 504 | 262 | 301 | 11.7% |
| Germany | N/A | 582 | 10.5 | 222 | -38.2% |
| Spain | 182 | 326 | 125 | 212 | 5.2% |
| Taiwan (Chinese) | 126 | 218 | 248 | 160 | 8.3% |
| Brazil | 72.5 | 134 | 73.7 | 150 | 27.4% |
| Others | 1,287 | 704 | 237 | 272 | -40.4% |
| Total | 2,693 | 6,927 | 1,309 | 2,767 | 0.9% |
Top Suppliers of Industrial Bakery Machinery to Costa Rica in 2022:
- China (43.0 units)
- United States (22.0 units)
- Italy (14.0 units)
- Taiwan (Chinese) (14.0 units)
- Spain (10.0 units)
- Brazil (8.0 units)
- Germany (4.0 units)
Industrial Bakery Machinery Exports in Costa Rica
In 2022, shipments abroad of industrial bakery machinery decreased by -28.6% to 5 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 67%. The exports peaked at 7 units in 2021, and then contracted markedly in the following year.
In value terms, industrial bakery machinery exports contracted remarkably to $403 in 2022. In general, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 54%. As a result, the exports attained the peak of $73K, and then fell dramatically in the following year.
| Export of Industrial Bakery Machinery in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | N/A | N/A | 0.3 | 0% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Nicaragua | 0.6 | 0.4 | 2.4 | N/A | 100.0% |
| Colombia | N/A | 3.6 | 8.0 | N/A | 122.2% |
| China | N/A | N/A | N/A | N/A | 0% |
| Guatemala | 21.2 | 43.5 | 62.6 | N/A | 71.8% |
| Uruguay | 9.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 31.3 | 47.5 | 73.1 | 0.4 | -76.6% |
Top Export Markets for Industrial Bakery Machinery from Costa Rica in 2022:
- United States (1.0 units)
- Nicaragua (1.0 units)
- Panama (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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