Price for Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica - 2022
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica
Price for Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $103,998 per ton, increasing by 7.6% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 52%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($235,297 per ton), while the price for China ($14,054 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $47,992 per ton in 2022, declining by -6% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 146% against the previous year. Over the period under review, the average export prices hit record highs at $120,052 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($204,735 per ton), while the average price for exports to Panama ($21,993 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+42.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica
For the third year in a row, Costa Rica recorded decline in supplies from abroad of machinery; parts of machinery of heading no. 8422, which decreased by -12.9% to 84 tons in 2022. In general, imports faced a precipitous curtailment.
In value terms, imports of machinery; parts of machinery of heading no. 8422 reduced to $8.8M in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 29%.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,720 | 2,319 | 2,840 | 3,385 | 7.6% |
| Germany | 2,331 | 1,163 | 1,469 | 1,467 | -14.3% |
| Italy | 4,650 | 1,008 | 1,326 | 1,073 | -38.7% |
| Spain | 417 | 523 | 512 | 631 | 14.8% |
| Mexico | 663 | 504 | 372 | 422 | -14.0% |
| Brazil | 138 | 103 | 437 | 241 | 20.4% |
| Argentina | 257 | 187 | 135 | 183 | -10.7% |
| China | 148 | 244 | 160 | 132 | -3.7% |
| Colombia | 526 | 199 | 373 | 62.9 | -50.7% |
| Taiwan (Chinese) | 76.1 | 26.7 | 27.3 | 49.9 | -13.1% |
| Others | 1,250 | 975 | 1,707 | 1,121 | -3.6% |
| Total | 13,177 | 7,253 | 9,357 | 8,767 | -12.7% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Costa Rica in 2022:
- United States (34.6 tons)
- China (9.4 tons)
- Spain (8.5 tons)
- Germany (8.4 tons)
- Italy (5.2 tons)
- Mexico (3.3 tons)
- Argentina (3.0 tons)
- Taiwan (Chinese) (2.6 tons)
- Brazil (2.5 tons)
- Colombia (0.1 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica
Exports of machinery; parts of machinery of heading no. 8422 from Costa Rica contracted markedly to 8.9 tons in 2022, reducing by -30.1% against 2021. In general, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 111% against the previous year. As a result, the exports reached the peak of 13 tons, and then reduced notably in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 shrank notably to $429K in 2022. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, the exports attained the peak of $653K, and then declined notably in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 157 | 20.9 | 245 | 117 | -9.3% |
| Guatemala | 189 | 90.8 | 134 | 78.5 | -25.4% |
| Nicaragua | 1.8 | 61.0 | 17.3 | 68.4 | 236.2% |
| Mexico | N/A | N/A | N/A | 57.1 | 0% |
| Colombia | 42.1 | 1.6 | N/A | 22.1 | -19.3% |
| Austria | 1.8 | 4.1 | 15.6 | 4.3 | 33.7% |
| United States | 105 | 38.6 | 81.6 | 1.3 | -76.9% |
| Switzerland | N/A | 8.5 | 6.7 | N/A | -21.2% |
| Ethiopia | N/A | 3.3 | N/A | N/A | 0% |
| Others | 93.3 | 250 | 153 | 80.7 | -4.7% |
| Total | 591 | 479 | 653 | 429 | -10.1% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Costa Rica in 2022:
- Panama (5.3 tons)
- Nicaragua (1.3 tons)
- Guatemala (0.6 tons)
- Mexico (0.3 tons)
- Austria (0.2 tons)
- Colombia (0.1 tons)
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