Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica - 2022

Contents:

  1. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica (FOB) - 2022
  2. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica (CIF) - 2022
  3. Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica
  4. Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica (FOB) - 2022

In 2022, the average export price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $27 per unit, rising by 13% against the previous year. Overall, the export price posted resilient growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($158 per unit), while the average price for exports to Italy ($4.2 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 Saudi Arabia (+58.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica (CIF) - 2022

In 2022, the average import price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $4 per unit, declining by -2.1% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cameras, photographic (excluding cinematographic); parts and accessorieses increased by +12.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $5.4 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Japan ($19 per unit), while the price for Australia ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica

For the third consecutive year, Costa Rica recorded decline in shipments abroad of cameras, photographic (excluding cinematographic); parts and accessorieses, which decreased by -46.3% to 6K units in 2022. Over the period under review, exports continue to indicate a precipitous decline. The smallest decline of -13.5% was in 2020. Over the period under review, the exports of hit record highs at 19K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses dropped dramatically to $164K in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $319K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)23.269.452.673.646.9%
Saudi Arabia37.553.410.018.7-20.7%
Italy34.330.931.618.1-19.2%
Kuwait1.83.26.615.4104.5%
Singapore13.014.017.111.7-3.5%
Japan1051121254.6-64.7%
Spain5.15.56.74.6-3.4%
Others52.630.721.817.2-31.1%
Total272319271164-15.5%

Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Costa Rica in 2022:

  1. Italy (4325.0 units)
  2. Taiwan (Chinese) (530.0 units)
  3. Saudi Arabia (297.0 units)
  4. Singapore (188.0 units)
  5. Spain (176.0 units)
  6. Kuwait (161.0 units)
  7. Japan (29.0 units)

Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica

Imports of cameras, photographic (excluding cinematographic); parts and accessorieses into Costa Rica shrank remarkably to 37K units in 2022, reducing by -38.3% compared with the previous year. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 177%. As a result, imports reached the peak of 59K units, and then declined sharply in the following year.

In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses reduced markedly to $147K in 2022. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 216%. As a result, imports reached the peak of $243K, and then declined remarkably in the following year.

Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11453.714767.3-16.1%
China36.914.069.427.8-9.0%
Italy21.51.58.417.5-6.6%
BelgiumN/AN/AN/A10.60%
Australia0.31.64.64.3142.9%
Canada0.40.82.03.4104.1%
Mexico4.11.51.52.7-13.0%
Others15.23.69.313.1-4.8%
Total19276.7243147-8.5%

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Costa Rica in 2022:

  1. Belgium (14.2K units)
  2. Australia (7.9K units)
  3. United States (6.9K units)
  4. China (3.4K units)
  5. Italy (1.1K units)
  6. Mexico (0.9K units)
  7. Canada (0.5K units)

Source: IndexBox Market Intelligence Platform

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