Price for Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica - 2022

Contents:

1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica (CIF) - 2022
2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica (FOB) - 2022
3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica
4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica

Price for Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica (CIF) - 2022

The average import price for machines; parts and accessories, of heading no. 8472 stood at $142,644 per ton in 2022, rising by 109% against the previous year. In general, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($187,329 per ton), while the price for Japan ($18,017 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $47,084 per ton, with a decrease of -12.1% against the previous year. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs at $121,755 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($69,024 per ton), while the average price for exports to Italy ($16,383 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 the Dominican Republic (-2.8%), while the prices for the other major destinations experienced a decline.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica

In 2022, approx. 31 tons of machines; parts and accessories, of heading no. 8472 were imported into Costa Rica; increasing by 150% against the previous year. In general, imports posted resilient growth.

In value terms, imports of machines; parts and accessories, of heading no. 8472 skyrocketed to $4.4M in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Costa Rica in 2022:

1. Panama (12.0 tons)
2. China (7.8 tons)
3. United States (7.4 tons)
4. Italy (0.8 tons)
5. Philippines (0.3 tons)
6. United Kingdom (0.1 tons)

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Costa Rica

Exports of machines; parts and accessories, of heading no. 8472 from Costa Rica soared to 2.1 tons in 2022, increasing by 817% compared with 2021. Over the period under review, exports posted 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 machines; parts and accessories, of heading no. 8472 skyrocketed to $101K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Costa Rica in 2022:

1. Panama (971.0 kg)
2. Italy (802.0 kg)
3. Dominican Republic (329.0 kg)

Source: IndexBox Market Intelligence Platform