Costa Rica: Seeder And Planter Market 2024

Seeder And Planter Market Size in Costa Rica

The Costa Rican seeder and planter market stood at less than $X in 2022, approximately mirroring the previous year. Overall, consumption continues to indicate strong growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Seeder And Planter Production in Costa Rica

In value terms, seeder and planter production amounted to less than $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern.

Seeder And Planter Exports

Exports from Costa Rica

In 2016, the amount of seeders, planters, transplanters exported from Costa Rica soared to X units, growing by X% compared with the previous year. In general, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, seeder and planter exports surged to $X in 2016. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for seeder and planter exports from Costa Rica, accounting for a X% share of total exports. Moreover, seeder and planter exports to the United States exceeded the volume sent to the second major destination, Panama (X units), threefold.

From 2012 to 2016, the average annual rate of growth in terms of volume to the United States 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).

In value terms, the United States ($X) remains the key foreign market for seeders, planters, transplanters exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Panama (X% per year).

Export Prices by Country

The average seeder and planter export price stood at $X per unit in 2016, picking up by X% against the previous year. In general, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2016, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Panama ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Seeder And Planter Imports

Imports into Costa Rica

In 2016, overseas purchases of seeders, planters, transplanters decreased by X% to X units for the first time since 2013, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, seeder and planter imports declined significantly to $X in 2016. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

In 2016, Brazil (X units) constituted the largest supplier of seeder and planter to Costa Rica, with a X% share of total imports. Moreover, seeder and planter imports from Brazil exceeded the figures recorded by the second-largest supplier, Spain (X units), sevenfold. Mexico (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2016, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Mexico (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of seeders, planters, transplanters to Costa Rica, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2016, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

Import Prices by Country

The average seeder and planter import price stood at $X per unit in 2016, falling by X% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when the average import price decreased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2016, import prices failed to regain momentum.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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