Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Costa Rica - 2022

Contents:

  1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Costa Rica (CIF) - 2022
  2. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Costa Rica

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Costa Rica (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $1,240 per unit in 2022, falling by -45.9% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 108% against the previous year. Over the period under review, average import prices hit record highs at $4,485 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,762 per unit), while the price for China ($4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Costa Rica

In 2022, supplies from abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -97.5% to 4 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 221%. Over the period under review, imports of reached the maximum at 159 units in 2021, and then reduced markedly in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW contracted sharply to $5K in 2022. Overall, imports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 194% against the previous year. Imports peaked at $364K in 2021, and then fell dramatically in the following year.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.00.20.43.8-36.7%
Brazil0.10.90.20.9108.0%
United KingdomN/AN/AN/A0.30%
China0.11.10.4N/A100.0%
Germany0.186.585.4N/A2822.3%
Italy93.6231272N/A70.5%
Others1.86.05.8N/A79.5%
Total1113253645.0-64.4%

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Costa Rica in 2022:

  1. United States (1.0 units)
  2. Brazil (1.0 units)
  3. China (1.0 units)
  4. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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