Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica - 2022

Contents:

  1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica (CIF) - 2022
  2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica (FOB) - 2022
  3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica
  4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica (CIF) - 2022

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $1,379 per unit, growing by 48% against the previous year. Overall, the import price, however, recorded a slight decline. The pace of growth was the most pronounced in 2017 an increase of 76% against the previous year. As a result, import price reached the peak level of $2,808 per unit. From 2018 to 2022, the average import prices remained 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 Italy ($4,619 per unit), while the price for China ($379 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $1,619 per unit in 2022, dropping by -16.5% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 160%. As a result, the export price reached the peak level of $9,284 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($1,928 per unit), while the average price for exports to Nicaragua ($1,167 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 Honduras (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica

In 2022, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses into Costa Rica surged to 646 units, growing by 20% against 2021. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. As a result, imports reached the peak of 935 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses skyrocketed to $891K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18522622946636.1%
China43.042.835.313044.6%
Mexico28.462.213.410655.1%
United States14.20.512.151.653.7%
Netherlands16.419.818.225.315.5%
Turkey1.08.324.817.5159.6%
France3.02.10.76.428.7%
Spain3.833.644.0N/A240.3%
Others89.016412287.2-0.7%
Total38356049989132.5%

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Costa Rica in 2022:

  1. China (343.0 units)
  2. Mexico (104.0 units)
  3. Italy (101.0 units)
  4. United States (45.0 units)
  5. Netherlands (17.0 units)
  6. France (13.0 units)
  7. Turkey (12.0 units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica

In 2022, shipments abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -84.1% to 14 units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 1.4% against the previous year. As a result, the exports reached the peak of 141 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses dropped dramatically to $23K in 2022. Overall, exports showed a precipitous decline. The smallest decline of -37.9% was in 2020. Over the period under review, the exports of hit record highs at $705K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama9.28.35.79.61.4%
Honduras8.210.535.79.55.0%
Nicaragua4.63.51.63.5-8.7%
Venezuela88.182.758.3N/A-18.7%
Italy10.111.0N/AN/A8.9%
Guatemala23.513.43.5N/A-61.4%
United States54729253.7N/A-68.7%
Netherlands0.412.08.4N/A358.3%
Others13.73.93.6N/A-48.7%
Total70543817122.7-68.2%

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Costa Rica in 2022:

  1. Honduras (6.0 units)
  2. Panama (5.0 units)
  3. Nicaragua (3.0 units)

Source: IndexBox Market Intelligence Platform

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