Pumps; Parts Thereof Price in Costa Rica - 2022
Contents:
- Pumps; Parts Thereof Price in Costa Rica (CIF) - 2022
- Pumps; Parts Thereof Price in Costa Rica (FOB) - 2022
- Pumps; Parts Thereof Imports in Costa Rica
- Pumps; Parts Thereof Exports in Costa Rica
Pumps; Parts Thereof Price in Costa Rica (CIF) - 2022
In 2022, the average pumps; parts thereof import price amounted to $21,818 per ton, shrinking by -3.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 27%. The import price peaked at $23,974 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($32,680 per ton), while the price for the Dominican Republic ($2,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Pumps; Parts Thereof Price in Costa Rica (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $23,748 per ton, picking up by 17% against the previous year. Overall, the export price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 53%. The export price peaked at $31,051 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($71,429 per ton), while the average price for exports to the United States ($12,315 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 (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Costa Rica
In 2022, after two years of decline, there was significant growth in overseas purchases of pumps; parts thereoves, when their volume increased by 20% to 209 tons. Over the period under review, imports, however, recorded a relatively flat trend pattern.
In value terms, pumps; parts thereof imports soared to $4.6M in 2022. Overall, imports, however, showed a slight reduction.
Import of Pumps; Parts Thereof in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,418 | 2,133 | 2,112 | 2,554 | 1.8% |
China | 409 | 243 | 399 | 289 | -10.9% |
Italy | 360 | 145 | 184 | 261 | -10.2% |
Mexico | 107 | 165 | 95.2 | 202 | 23.6% |
Japan | 149 | 249 | 184 | 196 | 9.6% |
Germany | 474 | 1,071 | 223 | 169 | -29.1% |
Brazil | 109 | 141 | 104 | 155 | 12.5% |
Panama | 161 | 83.8 | 91.9 | 84.6 | -19.3% |
Dominican Republic | 0.4 | 1.9 | N/A | 59.4 | 429.6% |
Taiwan (Chinese) | 143 | 51.9 | 71.8 | 52.0 | -28.6% |
Others | 418 | 436 | 444 | 528 | 8.1% |
Total | 4,748 | 4,721 | 3,909 | 4,550 | -1.4% |
Top Suppliers of Pumps; Parts Thereof to Costa Rica in 2022:
- United States (101.8 tons)
- China (25.7 tons)
- Dominican Republic (21.2 tons)
- Italy (9.8 tons)
- Taiwan (Chinese) (9.5 tons)
- Mexico (7.2 tons)
- Japan (6.0 tons)
- Panama (5.2 tons)
- Brazil (3.6 tons)
- Germany (2.8 tons)
Pumps; Parts Thereof Exports in Costa Rica
In 2022, after three years of growth, there was significant decline in overseas shipments of pumps; parts thereoves, when their volume decreased by -95.6% to 4.3 tons. In general, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 625% against the previous year.
In value terms, pumps; parts thereof exports dropped dramatically to $102K in 2022. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 1,012%.
Export of Pumps; Parts Thereof in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 1.6 | 22.0 | 4.3 | 40.4 | 193.4% |
United States | 96.1 | 1,063 | 973 | 35.3 | -28.4% |
El Salvador | N/A | 0.9 | N/A | 11.5 | 257.5% |
Guatemala | 2.1 | 12.3 | 27.0 | 7.3 | 51.5% |
Nicaragua | 0.1 | 4.7 | 0.1 | 6.3 | 297.9% |
Canada | 11.9 | 165 | 277 | N/A | 382.5% |
Others | 25.8 | 260 | 705 | 1.5 | -61.3% |
Total | 137 | 1,528 | 1,986 | 102 | -9.4% |
Top Export Markets for Pumps; Parts Thereof from Costa Rica in 2022:
- United States (2870.0 kg)
- Panama (1012.0 kg)
- El Salvador (161.0 kg)
- Guatemala (150.0 kg)
- Nicaragua (103.0 kg)
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Looking to learn more about the future of water pumps and the market forecast? This article covers the latest trends and predictions for the water pump industry, with insights from an IndexBox report. Discover what's in store for this crucial market and what factors will drive its growth in the coming years.
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