Costa Rica - Diesel Engines (Other Than for Motor Vehicles and Aircraft) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024
Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Costa Rica
The Costa Rican market for diesel engines (other than for motor vehicles and aircraft) stood at $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted a strong increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.
Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)
Exports from Costa Rica
In 2022, overseas shipments of diesel engines (other than for motor vehicles and aircraft) were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of diesel engines (other than for motor vehicles and aircraft) skyrocketed to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.
Exports by Country
Guatemala (X units), Nicaragua (X units) and the United States (X units) were the main destinations of exports of diesel engines (other than for motor vehicles and aircraft) from Costa Rica, together accounting for X% of total exports. Moreover, exports of diesel engines (other than for motor vehicles and aircraft) in Guatemala exceeded the figures recorded by the second-largest exporter, Nicaragua, twofold.
From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Guatemala ($X) emerged as the key foreign market for diesel engines (other than for motor vehicles and aircraft) exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Panama ($X), with a X% share of total exports. It was followed by Nicaragua, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Guatemala totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Nicaragua (X% per year).
Export Prices by Country
The average export price for diesel engines (other than for motor vehicles and aircraft) stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then declined significantly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Honduras ($X 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 Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)
Imports into Costa Rica
In 2022, the amount of diesel engines (other than for motor vehicles and aircraft) imported into Costa Rica declined rapidly to X units, shrinking by X% compared with 2021 figures. Over the period under review, imports, however, recorded slight growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of diesel engines (other than for motor vehicles and aircraft) soared to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.
Imports by Country
In 2022, the United States (X units) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Costa Rica, accounting for a X% share of total imports. Moreover, imports of diesel engines (other than for motor vehicles and aircraft) from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Japan (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).
In value terms, the United States ($X) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Costa Rica, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with an X% share of total imports. It was followed by Germany, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).
Import Prices by Country
The average import price for diesel engines (other than for motor vehicles and aircraft) stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for India ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for diesel engines (other than for motor vehicles and aircraft) in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28111311 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power . .200 kW
- Prodcom 28111315 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .200 kW but . 1 .000 kW
- Prodcom 28111319 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > 1 .000 kW
- Prodcom 28111320 - Rail traction compression-ignition internal combustion piston engines (diesel or semi-diesel)
- Prodcom 28111331 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power . .15 kW
- Prodcom 28111333 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .15 kW but . .30 kW
- Prodcom 28111335 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .30 kW but . .50 kW
- Prodcom 28111337 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .50 kW but . .100 kW
- Prodcom 28111353 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .100 kW but . .200 kW
- Prodcom 28111355 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .200 kW but . .300 kW
- Prodcom 28111357 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .300 kW but . .500 kW
- Prodcom 28111373 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .500 kW but. 1 .000 kW
- Prodcom 28111375 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > 1 .000 kW
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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