Costa Rica - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Costa Rica - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights

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Pressure-Reducing Iron Valve Price in Costa Rica - 2022

Contents:

  1. Pressure-Reducing Iron Valve Price in Costa Rica (CIF) - 2022
  2. Pressure-Reducing Iron Valve Price in Costa Rica (FOB) - 2022
  3. Pressure-Reducing Iron Valve Imports in Costa Rica
  4. Pressure-Reducing Iron Valve Exports in Costa Rica

Pressure-Reducing Iron Valve Price in Costa Rica (CIF) - 2022

In 2022, the average pressure-reducing iron valve import price amounted to $4.5 per unit, surging by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2014 an increase of 22%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6.7 per unit), while the price for China ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Pressure-Reducing Iron Valve Price in Costa Rica (FOB) - 2022

The average pressure-reducing iron valve export price stood at $4.3 per unit in 2022, which is down by -4.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 90%. As a result, the export price reached the peak level of $8.1 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($6.5 per unit), while the average price for exports to El Salvador ($2.1 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 (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pressure-Reducing Iron Valve Imports in Costa Rica

In 2022, the amount of pressure-reducing, control, check and safety valves imported into Costa Rica reached 877K units, remaining relatively unchanged against 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 1.1M units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, pressure-reducing iron valve imports soared to $3.9M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pressure-Reducing Iron Valve in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,7281,6871,5462,0045.1%
China537505354404-9.1%
Mexico26129826839815.1%
Italy17035627431923.3%
Israel63.299.197.415735.4%
Turkey4.423.351.398.1181.5%
Taiwan (Chinese)79.035.156.067.9-4.9%
Spain33627.065.664.9-42.2%
Panama26.152.043.351.425.3%
Others586495498368-14.4%
Total3,7893,5773,2533,9331.3%

Top Suppliers of Pressure-Reducing Iron Valve to Costa Rica in 2022:

  1. United States (299.4K units)
  2. China (240.6K units)
  3. Mexico (101.2K units)
  4. Italy (80.3K units)
  5. Turkey (32.8K units)
  6. Israel (31.9K units)
  7. Panama (20.4K units)
  8. Taiwan (Chinese) (17.2K units)
  9. Spain (9.7K units)

Pressure-Reducing Iron Valve Exports in Costa Rica

Pressure-reducing iron valve exports from Costa Rica soared to 26K units in 2022, growing by 24% against the previous year. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 808% against the previous year. As a result, the exports reached the peak of 31K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pressure-reducing iron valve exports soared to $111K in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 729%. As a result, the exports reached the peak of $181K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Pressure-Reducing Iron Valve in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A35.00%
El Salvador0.1N/AN/A13.5413.0%
Nicaragua2.17.25.413.083.6%
Panama0.41.80.812.4214.1%
ColombiaN/A26.4N/A10.8-36.0%
Guatemala17.913372.77.2-26.2%
Dominican RepublicN/AN/A3.03.826.7%
Others1.312.012.115.0126.0%
Total21.818194.011172.0%

Top Export Markets for Pressure-Reducing Iron Valve from Costa Rica in 2022:

  1. Mexico (7.7K units)
  2. El Salvador (6.4K units)
  3. Panama (3.5K units)
  4. Nicaragua (2.2K units)
  5. Guatemala (1.9K units)
  6. Colombia (1.6K units)
  7. Dominican Republic (0.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pressure-reducing iron valve 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 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
  • Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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