Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica - 2022

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.7 per unit, increasing by 35% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for millstones, grindstones, grinding wheels and the like; of natural stones increased by +83.7% against 2019 indices. 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 the United States ($2.3 per unit), while the price for the Netherlands ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.7 per unit in 2022, which is down by -56.5% against the previous year. Overall, the export price, however, showed a modest increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 75%. As a result, the export price reached the peak level of $1.6 per unit, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($1.7 per unit), while the average price for exports to Colombia ($0.4 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 Guatemala (+30.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica

Imports of millstones, grindstones, grinding wheels and the like; of natural stones into Costa Rica declined remarkably to 1.9M units in 2022, with a decrease of -35.4% compared with the previous year's figure. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 2.9M units, and then fell remarkably in the following year.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones contracted to $1.4M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of $1.6M, and then fell in the following year.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Costa Rica in 2022:

1. China (1032.9K units)
2. United States (405.6K units)
3. Netherlands (336.6K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Costa Rica

In 2022, the amount of millstones, grindstones, grinding wheels and the like; of natural stones exported from Costa Rica skyrocketed to 75K units, increasing by 22,686% compared with the previous year. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones skyrocketed to $53K in 2022. Overall, exports enjoyed 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 Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Costa Rica in 2022:

1. Panama (37.0K units)
2. El Salvador (12.8K units)
3. Colombia (10.2K units)
4. Honduras (6.4K units)
5. Guatemala (5.1K units)
6. Venezuela (2.3K units)

Source: IndexBox Market Intelligence Platform