Costa Rica - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electric Oven and Cooker in Costa Rica - 2022
Contents:
- Price for Electric Oven and Cooker in Costa Rica (CIF) - 2022
- Price for Electric Oven and Cooker in Costa Rica (FOB) - 2022
- Imports of Electric Oven and Cooker in Costa Rica
- Exports of Electric Oven and Cooker in Costa Rica
Price for Electric Oven and Cooker in Costa Rica (CIF) - 2022
The average electric oven and cooker import price stood at $177 per unit in 2022, surging by 4.2% 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 2020 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices hit record highs at $187 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($177 per unit) and China ($177 per unit), while the price for Thailand ($177 per unit) and the United States ($177 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Oven and Cooker in Costa Rica (FOB) - 2022
In 2022, the average electric oven and cooker export price amounted to $118 per unit, with a decrease of -9.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 4.8%. As a result, the export price attained the peak level of $194 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were El Salvador ($121 per unit) and the Dominican Republic ($121 per unit), while the average price for exports to Guatemala ($119 per unit) and the UK ($120 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-4.1%), while the prices for the other major destinations experienced a decline.
Imports of Electric Oven and Cooker in Costa Rica
In 2022, electric oven and cooker imports into Costa Rica amounted to 147K units, growing by 5.1% against 2021. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 14%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, electric oven and cooker imports rose remarkably to $26M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Electric Oven and Cooker in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.3 | 6.6 | 8.2 | 9.2 | 8.0% |
| China | 6.2 | 6.2 | 8.9 | 8.8 | 12.4% |
| Mexico | 6.2 | 5.6 | 5.0 | 5.6 | -3.3% |
| Thailand | 0.2 | 0.6 | 0.7 | 1.1 | 76.5% |
| Others | 0.5 | 0.8 | 0.9 | 1.4 | 40.9% |
| Total | 20.5 | 19.8 | 23.8 | 26.1 | 8.4% |
Top Suppliers of Electric Oven and Cooker to Costa Rica in 2022:
- United States (52.2K units)
- China (49.5K units)
- Mexico (31.8K units)
- Thailand (6.1K units)
Exports of Electric Oven and Cooker in Costa Rica
In 2022, exports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters from Costa Rica shrank rapidly to 867 units, reducing by -73.6% on the year before. In general, exports faced a precipitous decline. The smallest decline of -13.3% was in 2020. Over the period under review, the exports reached the maximum at 5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electric oven and cooker exports shrank rapidly to $103K in 2022. Overall, exports faced a dramatic slump. The smallest decline of -16.9% was in 2020. The exports peaked at $752K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electric Oven and Cooker in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 174 | 183 | 102 | 45.5 | -36.1% |
| Dominican Republic | 0.1 | N/A | 28.9 | 15.6 | 438.3% |
| Honduras | 133 | 60.6 | 30.6 | 14.0 | -52.8% |
| United Kingdom | N/A | N/A | 0.1 | 7.7 | 7600.0% |
| El Salvador | 104 | 87.1 | 44.5 | 6.7 | -59.9% |
| Guatemala | 236 | 169 | 75.7 | 4.0 | -74.3% |
| Nicaragua | 67.3 | 80.6 | 20.2 | 3.1 | -64.2% |
| Philippines | N/A | N/A | 30.0 | N/A | 0% |
| Others | 37.7 | 44.6 | 98.8 | 6.0 | -45.8% |
| Total | 752 | 625 | 431 | 103 | -48.5% |
Top Export Markets for Electric Oven and Cooker from Costa Rica in 2022:
- Panama (378.0 units)
- Dominican Republic (129.0 units)
- Honduras (117.0 units)
- United Kingdom (64.0 units)
- El Salvador (55.0 units)
- Guatemala (34.0 units)
- Nicaragua (26.0 units)
- Philippines (1.0 units)
This report provides an in-depth analysis of the market for electric oven and cooker 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 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
- Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
- Prodcom 27512850 - Domestic electric grills and roasters
- Prodcom 27512870 - Domestic electric ovens for building-in
- Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave 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.
-
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
-
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
-
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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