Costa Rica - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Market for Ready-Mixed Concrete And Factory Made Mortars 2024
Market Size for Ready-Mixed Concrete And Factory Made Mortars in Costa Rica
The Costa Rican market for ready-mixed concrete and factory made mortars shrank modestly to $X in 2023, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2023.
Production of Ready-Mixed Concrete And Factory Made Mortars in Costa Rica
In value terms, production of ready-mixed concrete and factory made mortars declined slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2023.
Exports of Ready-Mixed Concrete And Factory Made Mortars
Exports from Costa Rica
In 2023, shipments abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, total exports indicated buoyant growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2022, and then declined in the following year.
In value terms, exports of ready-mixed concrete and factory made mortars reduced to $X in 2023. Overall, total exports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2022, and then reduced in the following year.
Exports by Country
Nicaragua (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Costa Rica, accounting for a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to Nicaragua exceeded the volume sent to the second major destination, Panama (X tons), sixfold.
From 2012 to 2023, the average annual growth rate of volume to Nicaragua stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Honduras (X% per year).
In value terms, Nicaragua ($X) remains the key foreign market for ready-mixed concrete and factory made mortars 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.
From 2012 to 2023, the average annual rate of growth in terms of value to Nicaragua amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Honduras (X% per year).
Export Prices by Country
In 2023, the average export price for ready-mixed concrete and factory made mortars amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.
From 2012 to 2023, 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 mixed trend patterns.
Imports of Ready-Mixed Concrete And Factory Made Mortars
Imports into Costa Rica
In 2023, the amount of ready-mixed concrete and factory made mortars imported into Costa Rica dropped modestly to X tons, waning by X% against the previous year. Over the period under review, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, imports of ready-mixed concrete and factory made mortars fell to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, the United States (X tons) constituted the largest supplier of ready-mixed concrete and factory made mortar to Costa Rica, accounting for a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from the United States exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), eightfold.
From 2012 to 2023, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and Belgium (X% per year).
In value terms, the United States ($X) constituted the largest supplier of ready-mixed concrete and factory made mortars to Costa Rica, comprising X% of total imports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and Belgium (X% per year).
Import Prices by Country
The average import price for ready-mixed concrete and factory made mortars stood at $X per ton in 2023, dropping by X% against the previous year. In general, import price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for ready-mixed concrete and factory made mortars increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Guatemala ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
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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