Price for Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $12,348 per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2013 an increase of 56%. As a result, import price reached the peak level of $15,767 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,348 per ton), while the price for China ($3,672 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $31,359 per ton in 2022, increasing by 25% against the previous year. Overall, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 158%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
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 Germany ($272,429 per ton), while the average price for exports to Mexico ($3,429 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 Guatemala (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica
In 2022, after two years of decline, there was significant growth in supplies from abroad of machinery; parts of the machinery of heading no. 8425, when their volume increased by 8.8% to 19 tons. Overall, imports, however, continue to indicate a precipitous decline.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 expanded sharply to $232K in 2022. Over the period under review, imports, however, recorded a abrupt descent.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 165 | 152 | 99.1 | 72.1 | -24.1% |
| Germany | 19.8 | 16.1 | 8.6 | 56.2 | 41.6% |
| China | 123 | 141 | 25.5 | 29.1 | -38.2% |
| Taiwan (Chinese) | 0.4 | 0.4 | 3.1 | 8.2 | 173.7% |
| Panama | 6.6 | 4.2 | 4.4 | 7.9 | 6.2% |
| Colombia | 0.1 | 4.1 | 7.2 | 7.3 | 317.9% |
| Peru | 20.1 | 10.9 | 7.9 | 6.3 | -32.1% |
| Italy | 3.0 | 3.4 | 3.7 | 3.8 | 8.2% |
| Others | 100 | 32.0 | 50.1 | 40.7 | -25.9% |
| Total | 438 | 364 | 210 | 232 | -19.1% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Costa Rica in 2022:
- China (7.9 tons)
- United States (4.6 tons)
- Germany (2.1 tons)
- Panama (0.8 tons)
- Colombia (0.7 tons)
- Taiwan (Chinese) (0.5 tons)
- Italy (0.3 tons)
- Peru (0.3 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica
In 2022, approx. 320 kg of machinery; parts of the machinery of heading no. 8425 were exported from Costa Rica; shrinking by -31.5% against 2021. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 317%. As a result, the exports attained the peak of 467 kg, and then declined rapidly in the following year.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 contracted to $10K in 2022. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 470% against the previous year. As a result, the exports attained the peak of $12K, and then dropped in the following year.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Costa Rica (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belize | 1,569 | 886 | 4,572 | 2,923 | 23.0% |
| Germany | 631 | 137 | 72.0 | 1,907 | 44.6% |
| Norway | 2,125 | 713 | 2,814 | 1,375 | -13.5% |
| El Salvador | N/A | N/A | N/A | 1,156 | 0% |
| India | N/A | N/A | N/A | 824 | 0% |
| Panama | 302 | 97.0 | 334 | 279 | -2.6% |
| China | 170 | 67.0 | 309 | 177 | 1.4% |
| Kuwait | 105 | 39.0 | 169 | 91.0 | -4.7% |
| Mexico | 46.0 | 17.0 | 69.0 | 48.0 | 1.4% |
| Others | 1,045 | 97.0 | 3,357 | 1,255 | 6.3% |
| Total | 5,993 | 2,053 | 11,696 | 10,035 | 18.7% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Costa Rica in 2022:
- Belize (225.0 kg)
- Norway (21.0 kg)
- Mexico (14.0 kg)
- El Salvador (12.0 kg)
- China (10.0 kg)
- India (8.0 kg)
- Germany (7.0 kg)
- Kuwait (6.0 kg)
- Panama (5.0 kg)
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