Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica - 2022

Contents:

1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica (CIF) - 2022
2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica (FOB) - 2022
3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica
4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $7,004 per unit, which is down by -9.2% against the previous year. In general, the import price saw a deep slump. The pace of growth was the most pronounced in 2016 an increase of 29%. The import price peaked at $12,575 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,330 per unit), while the price for France ($219 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $5,043 per unit, waning by -39.9% against the previous year. Overall, the export price, however, posted a strong increase. The growth pace was the most rapid in 2019 an increase of 280%. The export price peaked at $8,580 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($7,159 per unit), while the average price for exports to El Salvador ($3 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 Panama (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica

In 2022, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Costa Rica soared to 100 units, jumping by 213% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $700K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Costa Rica in 2022:

1. United States (43.0 units)
2. France (41.0 units)
3. China (13.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Costa Rica

In 2022, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Costa Rica surged to 22 units, jumping by 47% compared with the year before. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs shrank to $111K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year. As a result, the exports attained the peak of $137K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Costa Rica in 2022:

1. Panama (5.0 units)
2. Ecuador (5.0 units)
3. Belize (4.0 units)
4. Guatemala (2.0 units)
5. Honduras (1.0 units)
6. Mexico (1.0 units)
7. El Salvador (1.0 units)
8. United States (1.0 units)
9. Malaysia (1.0 units)
10. Nicaragua (1.0 units)

Source: IndexBox Market Intelligence Platform