Price for Household or Laundry-Type Washing Machine in Costa Rica - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Costa Rica (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Costa Rica (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Costa Rica
- Exports of Household or Laundry-Type Washing Machine in Costa Rica
Price for Household or Laundry-Type Washing Machine in Costa Rica (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $5,934 per unit in 2022, declining by -7% against the previous year. In general, the import price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 310% against the previous year. Over the period under review, average import prices attained the peak figure at $6,383 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($10,835 per unit), while the price for Colombia ($518 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+65.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Costa Rica (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $188 per unit in 2022, shrinking by -36.8% against the previous year. In general, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 21%. The export price peaked at $301 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($484 per unit), while the average price for exports to Colombia ($40 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 the United States (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Costa Rica
After two years of decline, overseas purchases of household or laundry-type washing machines increased by 12% to 8.4K units in 2022. In general, imports, however, showed a abrupt shrinkage. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, household or laundry-type washing machine imports rose to $50M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Household or Laundry-Type Washing Machine in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 13.9 | 19.0 | 20.3 | 8.0% |
| Mexico | 7.2 | 6.1 | 8.7 | 10.4 | 13.0% |
| United States | 5.2 | 5.1 | 5.8 | 8.5 | 17.8% |
| Thailand | 8.4 | 6.9 | 8.0 | 3.9 | -22.6% |
| Vietnam | 1.8 | 1.4 | 2.1 | 2.7 | 14.5% |
| Brazil | 1.3 | 0.8 | 1.4 | 1.4 | 2.5% |
| Colombia | 0.3 | 0.3 | 0.3 | 0.8 | 38.7% |
| Others | 1.8 | 1.8 | 2.7 | 1.9 | 1.8% |
| Total | 42.2 | 36.4 | 48.0 | 49.9 | 5.7% |
Top Suppliers of Household or Laundry-Type Washing Machine to Costa Rica in 2022:
- China (2.5K units)
- United States (1.9K units)
- Colombia (1.5K units)
- Mexico (1.0K units)
- Thailand (0.5K units)
- Vietnam (0.4K units)
- Brazil (0.2K units)
Exports of Household or Laundry-Type Washing Machine in Costa Rica
In 2022, household or laundry-type washing machine exports from Costa Rica skyrocketed to 1.2K units, increasing by 233% compared with the year before. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 253%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, household or laundry-type washing machine exports skyrocketed to $231K in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 277%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Household or Laundry-Type Washing Machine in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 2.5 | 70.9 | 24.0 | 140 | 282.6% |
| Nicaragua | 24.7 | 43.8 | 44.6 | 42.0 | 19.4% |
| El Salvador | 6.4 | 22.8 | 12.0 | 14.0 | 29.8% |
| Others | 20.3 | 65.5 | 29.1 | 34.9 | 19.8% |
| Total | 53.9 | 203 | 110 | 231 | 62.4% |
Top Export Markets for Household or Laundry-Type Washing Machine from Costa Rica in 2022:
- Panama (1012.0 units)
- Nicaragua (162.0 units)
- El Salvador (29.0 units)
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