Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica - 2022
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $548 per unit, with an increase of 46% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($549 per unit), while the price for the UK ($549 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+78.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $400 per unit in 2022, approximately equating the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 21%. The export price peaked at $442 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Guatemala ($401 per unit) and the United States ($400 per unit), while the average price for exports to the UK ($398 per unit) and Nicaragua ($399 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 the United States (+25.3%), while the prices for the other major destinations experienced a decline.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica
In 2022, approx. 1.7K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were imported into Costa Rica; reducing by -58.9% on 2021 figures. In general, imports showed a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports attained the peak of 4K units, and then shrank sharply in the following year.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted dramatically to $907K in 2022. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of $1.5M, and then dropped sharply in the following year.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 505 | 498 | 435 | 608 | 6.4% |
| China | 508 | 279 | 521 | 188 | -28.2% |
| United Kingdom | 0.3 | 1.5 | 44.9 | 93.3 | 577.5% |
| Mexico | 77.2 | 14.5 | 54.8 | 9.7 | -49.9% |
| Israel | 92.2 | 229 | 325 | 0.8 | -79.5% |
| Spain | 68.9 | 182 | 93.5 | N/A | 16.5% |
| Others | 69.7 | 83.0 | 43.1 | 7.2 | -53.1% |
| Total | 1,321 | 1,288 | 1,516 | 907 | -11.8% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Costa Rica in 2022:
- United States (1107.0 units)
- China (343.0 units)
- United Kingdom (170.0 units)
- Mexico (18.0 units)
- Israel (1.0 units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica
In 2022, shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses was finally on the rise to reach 712 units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $285K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | N/A | 0.1 | 187 | 516.0% |
| Guatemala | 39.5 | 39.7 | 13.4 | 40.1 | 0.5% |
| Nicaragua | 2.8 | 3.7 | 4.4 | 35.9 | 134.1% |
| United Kingdom | N/A | N/A | N/A | 19.5 | 0% |
| Panama | 74.2 | 33.9 | 9.6 | 0.2 | -86.1% |
| Trinidad and Tobago | 22.6 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 1.6 | 2.7 | 1.8 | -20.6% |
| Total | 144 | 78.9 | 30.2 | 285 | 25.6% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Costa Rica in 2022:
- United States (467.0 units)
- Guatemala (100.0 units)
- Nicaragua (90.0 units)
- United Kingdom (49.0 units)
- Panama (1.0 units)
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